NZ isn't alone in having a red-hot housing market
New Zealand house prices have soared higher than in other Western countries, largely on the back of our better covid-19 performance, because of very low-interest rates and, arguably, a huge housing shortage.
More than 74% of landlords expect to raise rents
If the New Zealand Property Investors' Federation's survey is accurate, most tenants are facing rent increases between $21 and $30 a week as landlords seek to offset the impact of the government removing interest deductibility.
Kiwi Property and Tainui form 2nd JV in Hamilton's CBD
Kiwi Property and Tainui Group are each contributing adjacent properties in central Hamilton to their new joint venture.
Jenny Ruth: Yet more proof trustee companies are useless fee collectors
Having a trustee company, these days called a supervisor, collecting fees for overseeing managed investment schemes provides illusory protection.
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