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13 Sep 2024 0:37
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      Home > News > Business

    A grim outlook on the rental market for low-income households

    A grim outlook on the rental market for low-income households

    3 August 2024
    Research from the Child Poverty Action Group shows a decline in the number of affordable rental properties in the past five years.

    It says the cost to rent is rising, following the suit of housing prices.

    Researcher Greg Waite says the entire country has suffered, but the regions have fared the worst.

    He says older houses are being renovated or demolished - without cheaper stock coming in to replace it.

    © 2024 Newstalk ZB, NZCity


     Other Business News
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     12 Sep: Inflation appears to have plummeted
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     12 Sep: A poor gas outlook is seen as the main suspect for further job losses in manufacturing
     12 Sep: ASB says our net migration is likely to fall more quickly than once thought
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     Today's News

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     Politics:
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     Entertainment:
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     Business:
    Six UN workers were killed in an Israeli air strike on a Gaza school compound. Here's what we know 21:07

     Entertainment:
    Melissa Gilbert thinks it was "inevitable" that she would marry Timothy Busfield 20:42

     Entertainment:
    Mel B was bullied at school because of her hair 20:12

     Entertainment:
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     Entertainment:
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     Business:
    Treasury warned the Finance Minister - for caution over National's campaign cancer drugs promise 18:57

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