Mike Atkinson: Aspire Property Management Managing Director on whether the rental market can meet the demand from migration
Early Edition with Ryan Bridge · Newstalk ZB
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Show Notes
How long can the rental market meet demand for migrants?
Stats NZ data shows 245,600 migrants arrived here in the year to October; a new record.
Net migration is nearly 129,000.
Compared to Australia, we've taken in 30% more people when adjusted for inflation.
Aspire Property Management Managing Director, Mike Atkinson, told Tim Dower that it's an enormous amount of people, putting a strain on the system, and could push rents up even further.
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