Bribes for landlords and their agents and getting parents to guarantee rental agreements - these are just two tactics typical of the frantic Auckland rental market.
Wednesday, December 11th 2002, 8:47AM
by The Landlord
Despairing renters are doing whatever they can to get a house, flat or apartment in Auckland, where the rental stock is decreasing as landlords sell and cash in on the thriving residential market and expats return home to live in their "renters".
Rents were being reviewed every six months rather than annually, she said. Often, landlords were finding it easier to give existing tenants notice, hike the rent considerably, then re-let at the much higher rate.
Read More - Opens in a new window
