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Survey finds 26% of landlords upped rent in the past six months

Author
Newstalk ZB,
Publish Date
Fri, 3 Mar 2023, 8:12AM
Photo / File
Photo / File

Survey finds 26% of landlords upped rent in the past six months

Author
Newstalk ZB,
Publish Date
Fri, 3 Mar 2023, 8:12AM

A survey commissioned by the Government reveals that 26 percent of landlords upped the rent in the past six months.

But it wasn't because they're greedy, according to the results.

57 percent said they did it because of the law stopping them from putting it up more than once a year, so they felt they had to.

Former president of the NZ Property Investors' Federation and property commentator Sharon Cullwick joined Mike Hoksing.

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