NZ Property Investor

RENT ARREARS LOOM AS COST OF LIVING BITES

YOUR PROPERTY MANAGER

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

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

More from NZ Property Investor

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
NZ Property Investor7 min read
The Open Home Dilemma
Matthew Gilligan is a property investor, developer and tax adviser. He is managing director of chartered accounting firm Gilligan Rowe & Associates, where he heads the specialist property and asset planning divisions. Kris Pedersen of Kris Pedersen M
NZ Property Investor2 min read
A Positive Tone Detected
As expected, the Reserve Bank kept the official cash rate (OCR) unchanged at 5.50 per cent at their February 29 review. What wasn't as expected was the tone in the commentary they provided. They are now more confident there has been enough hiking to

Related Books & Audiobooks