Invercargill's rental housing shortage
Rising rents and a stable student population would continue Invercargill's rental housing shortage well into the New Year, observers said.
Thursday, December 5th 2002, 8:32AM
by The Landlord
The basic rules of supply and demand had forced rents to a six-year high. Three-bedroom properties in Windsor that rented for as low as $130 in 1998 were now going for between $200 and $250. Two-bedroom properties in South Invercargill that used to realise $130 were now getting $145, she said.
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