Q&A - Is it true that rents are dropping in New Zealand?

Yes it is true, for long term rentals.

Here is an interesting article to give you some validation.

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We would certainly agree with this article and the NZ stats. I would assume we will start to see a rental rate difference between actual healthy homes and non compliant homes.

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This is interesting, because we are seeing higher short term accomodation rental rates, especially with the DBP model (Demand based pricing).

Will we see many landlords ditch weekly/monthly for short term rental?

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@RealHelp , maybe but how many short term accommodation properties actually rent out all seven days (Mon-Sun in any given week) ?

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Hi @Hopefullone that’s a good point. I have no clue on this, it’s a great question for the community to answer?

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