Check out this interesting artilce from the New Zealand Herald about house prices compared with rents in New Zealand as well as a comparison on the rest of the world!
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10828334
Experts say house resale gains will slowly curtail as prices start to drop, while Christchurch numbers buck the trend. Pain or gain in New Zealand real estate sales? Kelvin Davidson, CoreLogic NZ’s chief property economist, predicts change is coming despite “no dramatic shifts” shown in their most recent pain … Read more
The Green Party’s support of kiwi renters was bolstered when they published an open letter to Prime Minister Jacinda Ardern calling for an immediate rent freeze until stronger rent controls are put in place. What did the Green Party’s rent control letter say? In their open letter … Read more