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23 Apr 2021 13:18
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  •   Home > News > Business

    The Property Investors' Federation is predicting rental prices could rise

    The Property Investors' Federation is predicting rental prices could rise


    The Government last month extended the bright-line test -- and closed tax loopholes for landlords, in a bid to discourage investors pumping up the heated housing market.

    A Federation survey indicated about 90 per cent of investors think it'll lose them about three-thousand-dollars per rental property.

    NZPIF Executive Officer Sharon Cullwick says landlords will want to recover that drop in income.

    She says 76.8 per cent of respondents say they will - or probably will - increase rental prices.

    © 2021 Newstalk ZB, NZCity


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