NZ Property Investor

WARNING BELL SOUNDS OVER STEEP RENT RISES

UP FRONT NEWS

More than 74 per cent of landlords are planning to increase rents this year by at least 5 per cent and possibly more.

But this year it will pay for landlords to keep communication open with their tenants over rent rises, particularly as unemployment is expected to jump as the Reserve Bank intends engineering a recession.

While most landlords want their properties tenanted at market

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