Crunching the Numbers: Renting | RNZ
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- Опубліковано 10 вер 2024
- In RNZ's new series Crunching the Numbers we are out chatting to Kiwis about all things affecting their wallets. Our first story looks at renting, with research showing almost one-in-five New Zealanders are spending more than half of their household income on rent, while home ownership has fallen to below 60 percent.
Reporter: Louise Ternouth
Video: Nick Monro
Hey RNZ, How about an investigation on just how many NZ men are living in vehicles? I will tell you, it's a horrific problem that NZ media, government & NZ society don't want to discuss!
There's been endless news coverage about NZ's homeless and alcoholics living in vehicles and tents throughout parks in NZ. It's one of the main reasons the Labour government made the certified self-contained status for vehicles so strict.
They're men, has Noone told you they're unimportant?
@@snigie1 Well...one was very important in creating you! lol
@@tradetech7889/whoosh
lol I want to live in a van by choice
Paying $620/wk in Wellington, costing about $100/wk in power which is mostly heating and dehumidifying. None of the windows in the house are actually sealed (the frames are disintegrating), but I put film over the ones in our baby's room to help. Only other rentals we can find that we can afford are just as bad if not worse, but for even more money.
NZ housing stock is abysmal, with nowhere else to go.
To put into perspective, about 120-150 is council rates.
I'm in a small town in the manawatu and pay $620 a week 😢
@@ericshang7744 interesting point I wonder what the rent to rates ratio was say twenty to thirty years ago as compared to day
Worked 7 days a week for years to own and not have this problem, move ,up skill ,work longer ... i never asked for a pay rise in my life and 1 year high school .
Damn, y'all leave the comments on? Renting is far too expensive in NZ, im just short of the median hourly wage, since i work 42.5 hrs a week I end up making more than the weekly median income and even then I cant imagine actually living in my own place, at least not until my parents die and I dont really want to live in a world without them.
I look forward to seeing my tax cut be automatically eaten up by all the rising prices, instead of it being invested into building public services
New Zealanders voted for tax cuts. We see daily all the cuts to public services and the cuts to protections for the environment. So many NZers are very self-focused and stupid to vote for the current lot. Before the election there were new houses being built everywhere in the suburb I live in which will increase supply. Two houses demolished and replaced with six townhouses. Not any more. Not with this government. And if you believe their rhetoric you are a fool. Tax cuts are going to landlords.
I own my house and rates are 3500 a yr
That's the NZ main stream media, self censorship, I've asked media outlets as too why they close comments , no replies at all. I assume the comments must be pretty bad, hence the suppression. So much for freedom of the press and individual self expression.
I'm not sure how this situation is supposed to get much better. It seems the governments attitude is that housing supply is now too expensive for them to expand, so they're leaving it up to property developers who have an incentive to keep the supply just small enough that they can still charge high rents. This is terrible for our economy if people are forking out heaps each week simply because they need somewhere to live. Huge breach of the social contract
Yes and if they are forking out heaps just to live that $ is going into the bank accounts of a few, not circulating through the economy. Imagine if instead people were buying goods & services off each other and everyone was wealthy. If we’re going to do capitalism at least let us enjoy life… instead kiwis say “she’ll be right” and we go on accepting difficulty and struggle as part of our way of life
What social contract? The rents are just as bad in the US now too. They’re horribly high everywhere now with maybe the exception being some countries in SE Asia.
@@kingtrance307 Probably for the same reason though, right? Our political institutions haven't been making sure that society is a group effort for everyone to benefit as per the social contract, and instead money is accumulating at the top. Allowing housing to become a speculative asset and not building state houses to keep that from running away like it has is a big problem, and people in the modern world are not above dragging us into neo-feudalism.
I'm not against people who put in disproportionate effort getting disproportionate reward, but if there isn't some counterbalancing force making sure that the overall project of society is being a thing that everyone benefits from, then the top of the structure will deprive the substrate it depends upon and things start to break down.
I think we, as wealthy nations, have a strong responsibility to set the trajectory of our societies in a prosocial direction and ward off these traps. "This is just the way of the world" is not an excuse that will fly.
And remember The Key Government selling off our State Housing Stocks,apparently JK ran a rock star economy?
The pricing in nz is far from ridiculous!!
I’m a manager, can get a job in nz on my same contract and the pricing just blew up my dreams of moving home. I’m better off investing in my retirement and then moving home when I retire.
I’m 33 & Disabled. I’ve had to move 19 times in 14 years, because of the lack of tenant rights. Not one of those 19 rentals has been fully Accessible for me. 25% of the population are Disabled at any given time, but only 2% of residential buildings are Accessible.
Moving is a massive drain on resources, too - it can cost more than $1k/pp even without professional help. Not to mention Housing insecurity impacts physical health, academic grades, & quality of work.
Even the USA has better tenancy & accessibility laws than New Zealand. That’s horrifying.
Blame 2 sets of groups.
1. Govt from 2000 till 2024
No policies about this housing problem. Just turn a blind eye.
2. Real estate industry.
The whole industry. Shame on you.
No care. Just pure greed. Flicking off houses increasing bubble prices.
Look at the mess now.
You cant afford a house in NZ. Kiwisaver is a joke (only works if mum and dad with 2 kids deposit). Wages are low. Cost of living and greedflation.
What are your options NZ people.
A) stay and your kids will be poor and broke
B) rent forever
C) live with your parents till your 50s and 60s year of age
100% agreed
When you increase the population by 20%, but not any of the facilities populations need, what do you expect?
I’ll break it down; NZ went from 4.2milion people in 2004 to 5.4million 20 years later.
That’s 20% growth.
Do you think we have 20% more homes since then…?
Well said. When are we going to get rid of the idea that bigger is better.
exactly! And most of that extra 1 million came in the last 10 years
When I was born the population was about half todays, seemed like everyone could afford a house and most homes only had one income. The more people we import the worse our standard of living gets.
@@silverdale3207So true. The UK can vouch for that.
@@11astroman No but hay the employers,the business round table all love cheap exploitable migrant labour while laughing all the way to Bank their ever growing riches
Putting dishwashing liquid on the inside of ur window pane stops condensation. Just get a paper towel squirt on the dish washing liquid and rub it all over the window pane till its covered. Do it gently tho
Wow, thank you!!
Didn't Luxon promise a downward pressure on rents? Weren't we all told that the savings landlords made would be passed down to renters? Nobody I've asked so far has told me they've had a rental decrease, only increases...
Nice one Luxon...you seem to be so "in touch" with your country...🤢🤮
Luxon is a talking head and I agree with you, he's well out of touch with average Kiwis. Little wonder so many people have left NZ for a better life abroad.
@Kelvinpaul4 Right?? The amount of people leaving the country of late is worrying in the sense that so far, I've seen no efforts made to encourage our people to stay. I can't blame them, their lives have been affected and have had to make life decisions. It's got to the point that if the govt gets on TV and announces something, it's better to expect the complete opposite to happen as this govt has shown time and again since getting in. So frustrating...
But we all voted for him
@@alistermacpherson7120 You may have, but I didn't. Others obviously voted for other parties as well, so saying we "all" voted for him is a fallacy.
I didn't vote for luxon either and am stuck with him and seymours divisive politics.
Maybe give landlords a tax break and then they can trickle down the savings...............yeah right.
@@thesquire6352 ONLY TRICKLE DOWN YOU EVER GET IS WHEN THEY NEED A PEE!!!
Landlords are the devil
Its the bank you fools..Most land lords are paying more on top of the rent to make their mortgage payments.
@@bunniewood😂😂😂😂
The trickle never comes down 😂
Well we all know the problems in our country ... politicians know it, they're more focused on spending everyones money on building up systems that have progressively cost more for problems that get progressively worse? Poverty and corruption is by far the largest problem in this country, not gangs,yet we always whack a mole as it rises and not get rid of the hole? The only way to solve this issue is distribution of wealth and a proper education to seal the deal. Why does proper food, education and practically EVERYTHING belong to the rich? And why does everyone vote in capitalistic regimes when only maybe 25% of party policies effect the individual that votes? And 25% is being a generous estimate. If we keep dealing with what we got then nothing will ever change. If its broke then fix it. Dont support a system that lies and gives the bare minimum, because they expect us to give everything while they give little.
Well said mate...
Exactly. We keep voting National then Labour and both refuse to expand housing stock in relation to population
@@Rodtang-x5z thank you brother 👍
@@gregweston3770 national doesn't care because we are not smart enough or hardworking enough to combat such an issue and labour only want to subsidize the issue, well that how it seems to me? How do they expect us to solve our own problems with the lack of resources when they have the best minds and wealth to tackle the issues! I don't expect problems to vanish in a day but when something has full support and what is needed to develop then it's a problem solved?
Renters are 2nd class citizens in NZ, look in2 the practices of the Property Managers and their behaviors
Failed state. Move overseas before they close the exits
I did 14 years ago, will never live in that overpriced place again.I feel sorry for the ordinary NZer who will most likely never own their own home.
@@CRN8091 where did you move?
@@CryptoKiwi just across the ditch mate, it has its issues here but the standard of living is noticeably better.and the weather..
A big part of NZ issue, was allowing so many people in without proper planning , and flooding low skilled job markets. It's driven up demand for rent and housing, while at the same time lowered wages. Seems like a cheap trick to prop up GDP falsely through population growth while quality of life nosedives.
Correct. One of John Keys legacies. His reward was to be honoured by NZs largest foreign debt agency
HERES A SHOCK…. $330 a wk OUT OF A PENSION OF $490 IS 60%+ OF MY PENSION! AND MY RENT IS CHEAP COMPARED TO WHAT I DID PAY 3 yrs AGO! SO, HOW DO I MANAGE?
Renting long term is the biggest mistake you could make financially. Poverty in retirement is no laughing matter
@@Hayden-jm9um FIND A BANK/ INSTITUTION WHO WUD LOAN ME THE MONEY TO RESTORE WHAT I HAD TO LOSE IN 2005,DUE TO THE LOW WAGES OF 1990s… AND NOW SFTER OVER 50 yrs WORK, GETTING LESS THAN WAS PROMISED IN MY PENSION! ALL VERY WELL TO BLAME, BUT LET ME TELL YOU, I DID NOT SLASH $38 A WEEK OUTTA MY PAY 1992/3,AND KEEP IT DOWN THERE BY LAW! TORE UP OUR CONDITIONS OF EMPLOYMENT! TRIED TO FORCE US INTO ‘PART TIME/ SHIFT SPLITTING, AND HAD THE GALL TO TELL US IT WUD BE BETTER FOR US! IT WAS FOOD OUTTA MY KIDS MOUTHS! AND NOTHING HAS CHANGED! THE RECENT GOVTS HAVE TOSSED CRUMBS LIKE WINTER POWER PAYMENTS, AND LAST WEEK A $2.50 ‘TAX CUT’, NOW A RENT RISE 10x THAT! THEY DISH $900 mm INTEREST REBATES TO LANDLORDS, WHO ALSO COLLECT ACCOMODATION SUPPLIMENTS! HERE IS THE KICKER…. THE TOP END PAYS LITTLE OR NO TAX, HAVE AVOIDANCE SCHEMES. IF I TRY TO CLAIM, THEY WUD PROSECUTE ME! NOW, ABOUT THAT LOAN, YOU HAVE A BANK/ INSTITUTION WILLING???
you got no savings after working for decades?
@@bdub884 Not me. I am in a very strong financial position
Pension? Why are your adult children not supporting you? Why do you think your entitled to a hand out?
So thankful it's not just me saying that the rental prices are bloody insane.
Nz houses so badly built
It’s disgraceful how NZ is living under pressure
All is Good in New Zealand 🇳🇿.
God own the land of milk and honey Number eight wire clean green and all that other propaganda
Rentals are ridiculously costy now
Because taxes and maintenance are costly now.
This worlds fucked
true that mate! 👍
Sad, but true my friend
These types of vids are just pr0n to home owners to make them feel warm and fuzzy inside
Does make me want to buy my first rental I'll be honest
Just brought my first home , I move in next month. And no this doesn't make me fell warm and fluffy.
It's depressing.
@@SoulsofMistshould be over the moon bro
@@matius8055 I'm over the moon finally buying my first home.
Am still sad and shocked at the state of housing affordability and rent prices in new zealand.
I own my own home and owned a rental property, sold it this year because of this sort of thing. I felt bad all the time for simply being a landlord, feels great to not be making money off people's livelihood anymore.
Poms get a student allowance??? Most kiwis don’t get one!
Get a job 🙄
We do… it just depends whether we have to pay it back or not.
@@benj4840no... If your parents have assets, you don't qualify
@@benj4840Student loan you pay back, student allowance you don't pay
Yeah if they have a residence visa
New Zealand laws need to make it harder for landlords to pull out of a contract. When you rent to a family you take responsibility to provide them with a home for a period of time... This is how it is in many modern countries.
The lack of protection for renters makes it New Zealand look like a third world country.
Rents are very expensive in the US too. Seems to be the case everywhere now. 😢
that's the plan. you will own nothing and beh appy
Namely in places run by Democrats and Trump-haters.
Good luck famz
I wish there was a law that u were only alouds one house and a bach. Then there would be no rentals and we would be able to afford a house quicker. I mean people owning and living in a house could rent out rooms at a low cost plus power etc and people could use this as a stepping stone as they could save for a house. Maybe
I think Ireland can give a good competition! Everyone is paying more than half their income to rent
Really
This is scandalous in this country. Too much greed from greedy landlords. The sad thing is, the one who pay extortionate rent for below standard living conditions, can almost certainly afford a home loan on a like for like property and it will be theirs not some greedy landlord.
I will never understand why people who claim to be struggling financially, keep on having children. Surely there’s a choice whether or not to have a THIRD baby. Why drag more innocent children into your “tough” situation? Life was tough with 2 kids, so you had a third one ? Right…
Renting is expensive bcos rates and insurance keep on going up. Rent increase won't even cover those 2 increases. Most landlords are not making money either
I live with my mum we are renting we have been in the castle for 7 years we love it we also have lovely neighbors we are very lucky.
When the PM owns 7 houses, and God knows how many houses the rest of his government ministers own dont even dare to think of seeing a light at the end of this dark tunnel of property crisis in NZ.
NZ needs to vote out the PM and the political teams. Nothing as not been resolved ever since he became PM. NZ needs a strong leadership with knowledge and understanding of taking care of its new Zealand citizens.
This situation of increase of rent needs to be addressed. A new legislation should be in place for landlords putting far too much increase when there's a percent to meet with the value of the property. This will also give tenants rights.
The PM should also fund to have watch dog to help crack down on dodgy landlord increasing rent over there property value.
It's nice to bring to attention the how badly governed NZ has been!. House prices, fuel costs,food prices etc!. Nothing will change,it's a trend that has rising every year through the decades!. Don't believe me,have a look for yourself!.
No kidding. Who are the weirdos acting surprised by this grim reality? 15 years ago the company I worked for had a financial advisor come and give us a speech, he told us we should be spending 20% of our income on rent. 20% of my income didn’t equal ANY accommodation in Auckland. I tried to raise it with HR they weren’t interested.
Sorry, Childcare?
I thought she was a stay at home mum?
Wow. A student allowance to someone from UK. Seems more like "some people are more equal than others".
The journalist is cute
If you're on the pension its 75 percent. . You actually run out of food about 4 days before the mext pay.
Yip, and were 166 billion in debt, borrowing money to assist people with high living costs, so how much longer can it go on?
Hey Kiwis, move to Thailand
Im paying half my income on rent in a low income area as a single working mum of 2 teens in sydney west. I dont get government subsidies. When i was in nz i was paid $450 a week and my rent was $200 with 4 kids. Its just ridiculous in both countries. They wonder why people are struggling
I think the whole of New Zealand should remove to Southland or Otago :) 450 dollars a week for myself and my dog for a 5 bedroom rustic farmhouse that supports my fashion designer enterprise and I had absolutely no idea how high the rents are in Auckland goodness gracious. Mind you the 12 metres of Wood I bought for the log fire in the kitchen was $1140 as the ceilings are 16 ft high !!! Electric bill on top but I need to move to warmer climes for my renal failure
Yes, rent is killing locals. Can’t even build a granny house on my lot due to council restrictions. Life is hard here.
So when are we actually going to talk about the fact that this economic crisis is significantly worse than the Great Depression?
Buy a house and you’ll be paying over $1300 a week accounting for maintenance, rates, insurance and repayments.
Renting for $650ish much cheaper, there’s some deals out there but they aren’t flash
I agree. I'm not a huge fan of only showing half information in these sorts of videos. It demonises the wrong people. The truth is that the cost of owning property, between council rates, insurance, and debt costs all going up between 30% to 300% in a very short time. Plus the fact that building in New Zealand is very expensive. It's a sad given that rental costs would also have to go up. Instead of people scape goating landlords people should look at who are actually making profits on the backs of people right now. Banks, insurance companies, and the building monopolies. It's all part of a neo-liberal agenda to slowly get rid of individual ownership in favour of corporate ownership. But let's all blame those landlords, because my wages have stagnated while all the costs of living have gone up, seems logical.
Lets creat a show with the title almost every working Kiwis are paying more than 1/3 of their income on taxes. Funny thing is even if you earn less than required to survive you still have to pay tax...
That's insane when u think about it. Plus actually an extra 15% for almost everything u buy
Some people really are doing it though out there. Having to move and find new accommodation is stressful AF.
Choices and decisions all have consequences
After buying a house i can say renting is sooo much cheaper and easier 😂
Just keep printing more money and providing handouts. What could go wrong?
No way I’m ever having kids until houses are affordable. Property speculation has ruined this country.
You may never have kids then. Don’t let house prices stop you from
Having kids, they are the best thing ever.
housing has become a joke in the Euro markets and wages have bombed
Drying clothes inside the house.......Not smart.
That anyone believes the free market would set us straight, will never not be hilarious to me.
Is this the NZ free market or Milton Friedman’s free market ? Hilarious it is, not necessarily for the same reasons but at least we can still share some laughs I suppose…
Makes me sad to see Kiwis struggling for something thats a human right in a first world nation. We keep voting National and Labour in who won't fix housing stock (even though he continue to promise but dont deliver). Broadly speaking, we're not a nation, we're a chunk of dirt in the south Pacific where 5million compete for resources and look after themselves. Our political leaders shoulder most of this issue as their leadership has created such disparity. Look at Nz in the 1950s to 1970s when jobs were plenty, wages were appropriate to costs lof living, loans were cheap, houses were cheap. One almost thinks this qas done on purpose to keep as many people as wage slaves to profit councils, banks, and property speculators, etc.
Tenants are beholden to landlords, landlords are beholden to banks.
Banks are the problem!!
True. Most landlords I bet are in negative cashflow, at least those who bought in the last 4 years😢
And banks are beholden to the government.
The people are paying too much in taxes and getting little to nothing in return! Lower income tax and business taxes to a flat rate of 10%. If you earn higher then 10% is more than the person who earns less anyway. Let the businesses flourish. Give less to the government who does nothing but waste taxpayer dollars. Lower MP salaries, reduce property rates, get rid of the bulk of council employees, and find a CEO that doesn’t take $700k in salary. And make migration to nz harder.
If you can move down to the south island, much cheaper for rentals well we think it's expensive but it's nothing compared to auckland and Tauranga
Very True
It’s the same for me. But what’s going to change? Nothing. 😢
i know a retired couple who have $100,000, and are receiving housing supplement. the couple are getting about $4,000/month including their pension
Just moved out to of welly onto a farm. 0 rent 0 power, ain’t even that bad
That’s over thirty thousand dollars a year in rent; what’s that in American dollars?
I used to live in apartment in Newmarket
ITS TOO MUCH FFS AND FOR WHAT A LEAKY ROOF, DRAUGHTS ALL THROUGH THE HOUSE, NOTHING EVER GETTING FIXED. ENOUGH IS ENOUGH! Id love to see everyone jusg stop paying jntil healthy home standrads are freaking met!!!
REVOLUTION ❤❤❤
And even worse government to replace the current one.
@@shauncameron8390 The system only works for a few now.And when the majority rents it always leads to a revolution.
You don't have to "Crunch Numbers" to know why house prices are rising and rising and rising, look around you, and notice what else is rising. What other numbers have risen, To ask what has caused housing to rise, you must also ask what else is rising at the same time. You can only dismiss this basic and observable fact for so long. Overseas developers demolish previous housing, and lay in long driveways, erect 3 large multifloored flats, the streets become undriveable. The amount coming in, non stop, no one asked us if that's okay, this is whats going to happen. We knew it was going to happen, but we didnt seem to notice, or care. Do we want to remain as New Zealanders, or do we want to blend into some sort of homogenous grey blob. Let's remain as New Zealanders, and not copy other countries like America, and the UK, because it's trendy. It's not trendy, or cool.
Those were some pretty crunchy numbers
fuel tax 90% now blame government
I have a dream: Becoming a landlord in NZ.
be careful what you wish for....
Meanwhile Aus is cheaper and better wages for most. No wonder people are gaping NZ 😂
You can’t get rentals here in Australia.. it’s too difficult and rents are outrageous.. cost of living over here is horrible not sure why you’d want to come over here.. if you do don’t come to Victoria.. Labor government is broke and they are hell bent on taxing us to death.. death being the easy option we’re getting a death tax.. lucky us
Thoses houses look old and poor quality especially for the crazy price you have to pay
Yip it sucks me and the missus have 6 kids its not ideal I know but love my family more then anything. 5th rental now and looking for one at the moment cause owners sold up.
What's savings...........hahahahaha...
Not easy but get through it some how. Owning a house is but a dream for us at the moment. Will keep trying thou.....
Hope things get better for you soon ❤ God bless.
Sort yourself a big caravan and a truck to pull it and go travelling around the country picking fruit doing odd jobs etc. home school ,the kids will love it👍
@@wilfscovell336sounds like a nightmare
Maybe don't have 6 kids 😂😂
If you can, leave Auckland. Everyone I know that has is very happy.
50 bucks a week daylight robbery wowzers 950 bucks a week for the flat day light robbery !!!!!!!!
I had to move back to my parents cause my rent is just to high
Thanks Labour, really appreciate what you've done with the place
It’s always been the case even in the eighties. A mere hand to mouth existence.
it's to blame National who has brought absolutely nothing over the months. It is shame to witness they only punish poor people at this point.
What a load of BS
I’m a British national who grew up in N.Z. I now live in Wuhan China, I make 6000nz a month, my bills are low, my home is paid for by the company I work for, I can get a tin of beer for 1.50nz and I can drink it out in public. I’m never going back to n.z.
Wuhan yeah ok
PLA Lie.
@@ClarkKilat why would I lie? Honestly come visit China. It’s pretty awesome mate. Super low crime rate and everything is dirt cheap.
30% is easy mode, Brisbane is about double that at least.
Thinking of moving there, but dont want to if its that much. is Brisbane really that bad?
@@cruzsimeki3067 You looking at small unit 2 bedrooms $200 per week back in 2007. Now it's more like $400-500. To buy its about 450K min but it's better than renting. Though not as bad as Syndey.
@cruzsimeki3067 all of Australia is pretty much in the same boat as Nz at the moment.
Rent is extortionate and houses are selling at ridiculous prices 🙄
Sister in law just paid 437k for a 2 bed town house in a tiny little beach town 8 hrs north of Brisbane.
@@bagg3yMelbourne West is okay. But its also Melbourne West...
@joebuden904 yeah I lived in Victoria for 5 yrs.
I won't be going back, it is not the place to be lol 😆
Landlords aren't to blame, low interest rates (central bank), printing money (previous govt) and banks driving up house prices by lending so much money at low interest rates has led nz to this.
Stop fighting amongst our selves and place blame where it's merited.
It's no a cost of living crisis, its inflation, which is caused by government and central banks.
Coins of metal and printing plastic paper and justifying price increases it’s disgusting
whatever. greedy fkn landlords
%100
you'll find out when everybody is forced to squat in your 4th and 5th home, meanwhile no young person from here on out will be able to own their own home because everything is already bought and getting more and more expensive while wages stay stagnant. this cycle has been seen before, once people get too hard up crime will start soaring, who are all these people who can afford rent in todays economy? do you think its fair to spend over 60% of your wage on rent just so landlords can continue to make the same profits so they can continue to invest in more properties? you think its a business but really its just stopping people from living a good life with dignity, for such a tiny country people shouldnt be allowed to own more homes than you can use.
@@thesquire6352 yeah I think if you want to own a rental you should either have to build one ,move on a pre-built or fix up a derelict house so as to not remove houses from first home buyers reach.
Welcome to labour nz aftermath.
😢😢
Every country has an expensive major city. Auckland -nz, vancouver-canada, new york-us, sydney-Australia etc..
I know lots of friends bought house in hamilton, christchurch, whangarei, te awamutu. Stop complaining and think about your priorities. I bet these people don’t want to leave auckland life and now complains how expensive it is.
Everywhere is expensive right now
That's the peculiarity of Nz, anywhere is expensive..if I drive 4 hours away from Perth or adelaide or Melbourne I can buy a nice near or near new 4 bedrooms 2 baths brick and tiles house for under 500k..in NZ you will need to go down to Invercargill for that.😂
what's wrong with inbredcargill?
@matius8055 cold..small town, meaning maybe no jobs. Feels miserable, not sure why ..and we were there in summer, I guess winter is worse 😆
Surprised this figure is so low tbh.
Really European gals eat so simple ? Grocery is quite expensive 😂 for us
blame winston peters he choose this lot, if not for him
WP in 2017 you mean
NZ isn't what it used to be. It's gone down. I mean left... I mean down.
Bring in rent control and 10 year lease agreements.
Its appalling how landlords can just kick you out to raise the rent.
How many rentals do politicians own?
1000s
Rent control does not work unless you don't mind shortages and higher prices for whatever didn't get rent-controlled to death.
Rnz and all news jjst lie. 70 to 80 percent goes into rent .
Work for free, give all your money to the govt.
Be quiet 🤐 shut up and listen.
Dont speak up , your not aloud.
Tough luck who cares? Move to Taumarunui
Go and make more f**king money.
DONT BLAME IT ON ASIANS.
Imagine being a broke immigrant student.
6 tenancies in 6 years sounds like a tenant problem, not a landlord problem, particularly during the no-eviction period of covid
Victim blaming .. 🙄
You can't legally evict someone because you dislike them... It's only if you are moving in our selling the house...