Auckland

Increasing numbers of private rentals are becoming available in Auckland. Inventory is rising towards the top of that last 4 years. There is absolutely no shortage of properties available for rent in the private market. That does not exclude the possibility of a severe shortage of properties in the subsidised rental market, namely the Government or council housing markets.


A difficult measure to quantify is the potential for advertised properties where the price is just wrong, I know of a local house up for rent for over 2 years at $800/w, well above a reasonable rent of around $600/w, suggesting the property is being used as a tax dodge, i.e. available for rent, so tax deductible, but no chance of anyone renting. How many of these are there? only the IRD can know.

Auckland inventory rose quickly in the winter, breaking above the last 4 years, but then dropping equally quickly this month.


Jonette 2011