The Residential Tenancies (Prohibiting Letting Fees) Amendment Act has now been passed to remove letting fees for tenants who rent homes. Letting fees are normally the equivalent of one week’s rent (excl. GST) and paid at the beginning of a tenancy as an upfront cost to the property manager. From 12 December 2018, tenants cannot…
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At the moment we don’t seem to be hearing much talk about property busts, not in NZ or many other countries. Are property markets maturing, is the age of a boom bust cycle at an end? It reminds me a bit of my bike riding age when I was about 10….bear with me… As kids we…
Read MoreLifting the bonnet on the property markets current stability
What were we thinking! My last update was just after the election with a summary of what I thought the impact on the property market would be from the new Labour government. Now we are 4 months in we thought it about time we did a review…and then of course look forward again. Our overall…
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