New Zealanders are being urged to embrace home renting as the way of the future.

In Auckland, nearly four in 10 people live in rented homes.

The Auckland Property Investors Association's David Whitburn says new arrangements need to be considered.

"Leasehold property's extremely popular in Eastern and central Europe.

"They do leasehold in the right way."

David Whitburn says anti-renting stigmas need to stop.