NZ Property Investor

RENT ARREARS LOOM AS COST OF LIVING BITES

New data released by Tenancy Services for quarter four in 2022 highlights that tenants defaulting on rent payments is becoming increasingly problematic.

Out of the 4,387 landlord applications made to the Tenancy Tribunal in Q4 2022, over 75 per cent were for rent arrears. Step back to the same period in 2021 and landlords only made 2,900 applications to the Tenancy

You’re reading a preview, subscribe to read more.

More from NZ Property Investor

NZ Property Investor3 min read
The Key To Keeping Staff
In the world of property management, staff turnover can be a persistent challenge. High turnover harms a company's efficiency, performance, and reputation. It can be detrimental to the team's morale, result in higher consumer churn and negatively imp
NZ Property Investor6 min read
Sand, Sea And Opportunity
Auckland's Harbour Bridge is much more than a skyline decoration, it plugs North Shore residents directly into the heart of the city. Enjoying the many perks of North Shore living doesn't require sacrificing access to all that Auckland's CBD has to o
NZ Property Investor7 min read
A Great Ad For Property Investing
Ryan Spearman has come a long way since 2004 when he was sitting in a real estate agent's office signing a sale and purchase agreement without even knowing the price of the Avondale house he was buying. “I just followed what he said I should write do

Related Books & Audiobooks