Rent crunch hits, and there's worse to come - News Summed Up

Rent crunch hits, and there's worse to come


Trade Me has released its latest rental property data, which shows the median rent landlords are asking in the Wellington region is now $495. ROSS GIBLIN/STUFF The median rent landlords are asking in the capital is now $495. As of December 12, property managers will no longer be allowed to charge tenants a letting fee. But Matthew McMillan, of Pukeko Rental Managers, in Hutt Valley said that could eventually leave landlords better off. "Pukeko Rental Managers has never charged tenant letting fees and we certainly won't be charging owners in future.


Source: Stuff November 28, 2018 20:39 UTC



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