Higher rents are the biggest contributor to the annual inflation rate, but landlords say Dunedin’s rates rises are to blame. Stats NZ this week said rising rent prices were the biggest contributor to the annual inflation rate and almost 20% of the 2.2% annual increase in the consumer price index (CPI) was due to rent Read more
“The loss of tax deductibility on interest costs is having a negative impact on the rental market. A future government of any stripe must bring it back as soon as possible,” says Tim Kearins, Owner of Century 21 New Zealand. His comments follow a survey, commissioned by the Ministry of Housing and Urban Development, that Read more