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Actually pleasantly astonished by the framing of this story by @thepost-nz.bsky.social. Would have expected more of a “won’t someone please think of the poor landlords????” framing
May 10, 2025, 1:17 AM
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"alt": "У\nHOUSING\nDeborah Morris\nIf you are renting, there's good news\n- there are more rental properties to choose from and average rent is going down.\nIn fact, the number of new rental properties available has gone up a staggering 196.6% in Wellington since the same time last year, to 691.\nIn Auckland, new rental listings had risen 8.6%, while Canterbury was up 39.4% year-on-year.\nThe total number of new rental listings on the national market last month was 5868, up 24.1% year-on-year from 4729.\nRealestate.co.nz's Vanessa Williams said the last time supply was so high was in 2016.\nShe said three key trends were being seen, especially in the past 18 months: first, people were converting holiday homes and Airbbs back from short-term rentals into long-term rentals.\nIt was an issue impacting Wellington 2c Airhh owners in the region who had",
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