Wellington landlords fuel tenancy bidding wars as rental crisis bites

  • Greedy Wellington landlords are fuelling bidding wars among potential tenants by exploiting the capital’s desperate rental squeeze – and there’s nothing in the law stopping them.

Veteran student renter Ted Greensmith-West said although the practice was not widespread – and many landlords were good – rogues were becoming increasingly common, and often targeted first- and second-year tertiary students.

READ MORE VIA STUFF

FAIRFAX NZ

Wellington Renters United spokeswoman Kayla Healey says bidding wars will only deepen the crisis.

Leave a Comment

Filed under Homes & Property New Zealand, New Zealand Property & Real Estate News, Real Estate Agent News, Uncategorized

Leave a Reply