NZ Property Investor

RENT ARREARS LOOM AS COST OF LIVING BITES

YOUR PROPERTY MANAGER

New data released by Tenancy Services for quarter four in 2022 highlights that tenants defaulting on rent payments is becoming increasingly problematic.

Out of the 4,387 landlord applications made to the Tenancy Tribunal in Q4 2022, over 75 per cent were for rent arrears. Step back to the same period in 2021 and landlords only made 2,900 applications to

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