Demand for rentals down on the North Shore
Kia ora neighbours. While there is a shortage of rental properties nationwide, North Shore landlords are reporting they are struggling to find tenants.
Trade Me Property data showed the number of rentals on the North Shore market increased by 4 per cent in May when compared to June. At the same time, demand in the district dropped by 7 per cent month-on-month.
NZ Property Investors Federation executive officer Sharon Cullwick said a number of North Shore landlords had reported they were finding it extremely difficult to get tenants for their rentals.
“One reason could be that more apartment buildings closer to the CBD are being finished and people are choosing to move into them instead.
Another reason could be the rents being asked for do not meet the market and are too high.”
Are you a landlord struggling to tenant your rental property, or a tenant struggling to find a place to call home on the North Shore? I'd love to hear from you - flick me an email at caroline.williams@stuff.co.nz
Neighbourhood Challenge: Who Can Crack This One? ⛓️💥❔
What has a head but no brain?
Do you think you know the answer? Simply 'Like' this post if you know the answer and the big reveal will be posted in the comments at 2pm on the day!
Want to stop seeing these in your newsfeed?
Head here and hover on the Following button on the top right of the page (and it will show Unfollow) and then click it. If it is giving you the option to Follow, then you've successfully unfollowed the Riddles page.
Scam Alert: Fake information regarding December Bonuses from MSD
The Ministry of Social Development is reporting that fake information is circulating about new ‘December bonuses’ or ‘benefit increases’
If you get suspicious communication, please contact Netsafe.
Poll: Are Kiwis allergic to “exuberance”? 🥝
In The Post’s opinion piece on the developments set to open across Aotearoa in 2026, John Coop suggests that, as a nation, we’re “allergic to exuberance.”
We want to know: Are we really allergic to showing our excitement?
Is it time to lean into a more optimistic view of the place we call home? As big projects take shape and new opportunities emerge, perhaps it’s worth asking whether a little more confidence (and enthusiasm!) could do us some good.
-
40.8% Yes
-
33.7% Maybe?
-
25.5% No
Loading…
