INTENSE COMPETITION FOR RENTALS ALREADY (NEW ZEALAND)
Posted on January 23, 2012 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
At the start of every year there is competition for the better rental properties but it does seem that already this year that pressure is somewhat greater and good rentals more scarce as a result.
Investors remain outside the market still, not purchasing. For those entering that market, this is a pleasant surprise although first home buyers are very active and the banks are supporting them with vigour.
Filed under: REAL ESTATE | Tagged: Real Estate