Southland continues to grow with Tim Shadbolt’s smart efforts. Here is the history over the last 10 years:

Significant shortage of rental properties this year. The line is so steady I wonder if it is the remnants, ie those that are advertised but not expected to rent at the price being asked. ie Tax management while holding a property.

The shortage may explain this increase in real rentals from roughly 15% of Southland household income to almost 18%, still well below the national average of 24%:

Jonette 2011