Taranaki Property Investors' Association


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Rents haven't been outpacing property costs or peoples wages

CoreLogic research analyst Kelvin Davidson writes:
Residential property investors are clearly under the pump from the government at the moment, facing increased costs and regulatory pressures, including higher quality standards (e.g. insulation), increased tenant rights, and pending removal of negative gearing.
From an investors’ perspective, it’s entirely understandable that they might seek to recoup some of this through charging higher rents to tenants - especially in the current environment of low gross yields and reduced prospect of strong capital gains in the future. But can landlords actually push through rent increases? Will they even want to do so?

Read the full article here

Tags: media release