Archive for September, 2004

Ups and downs of the rental market

Posted by Andrew King On September - 2 - 2004

One of the “hats” that I wear is the President of the Auckland Property Investors Association, a group that I am extremely proud to be associated with. At the beginning of each monthly meeting there is an open discussion on the rental market. Towards late last year members reported that it was getting difficult to find tenants. This situation remained for most of this year, with many saying that they have been dropping rents by 5% to 10% to secure a tenant. Read the rest of this entry »

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