Hopes for a decline in rent prices as the market readjusts after covid-19
Hopes for a decline in rent prices as the market readjusts after covid-19
20 May 2020
New data from Trade Me Property shows steady rent growth during lock-down, but a complete slowdown is highly possible.
Renters United spokesman Robert Whitaker says it could provide some much needed stability for renters.
He says rent's tied to people's income, and if their income drops, then there needs to be a drop in rent alongside that.
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