The results of Labour’s war on landlords

MBIE Tenancy Bond Data

You can see that the median rent in New Zealand was basically stable in 2016 and 2017 at around NZ$400 a week. Since the change of Government (and numerous policies imposing extra costs on landlords) the median rent has increased to $575 a week in just over five years. That is more than $9,000 a year in increased rent. The median rent has risen almost 60% in five years.

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