New Zealand


New Zealand has failed to build enough houses in the main centres as population gains increasedemand for rentals beyond the market’s ability to supply.

2019 continues to show a decline in inventory. Early work on why suggests a lack of growth in rental supply compared to previous years. Only Auckland and Christchurch are immune from the shortage.

I think the country has sold too many government properties. We are continuing last year’s shortage that seems to be only just discovered by Trademe as well. This week the trend is ugly again.

Jonette 2011