Mike Atkinson: Aspire Property Management Managing Director on the likelihood of Auckland rental prices continuing to rise
The Mike Hosking Breakfast · Newstalk ZB
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Show Notes
It’s believed that Auckland's surging rental prices won't stop anytime soon.
According to global realtor and research firm Knight Frank, it's among the top three most expensive cities to rent in.
The price for prime property has risen 6% in the six months to September, second to Sydney and Singapore.
Aspire Property Management Managing Director Mike Atkinson told Mike Hosking that migrant arrivals continue to push prices.
He says properties are still renting after about a fortnight on the market, even with raised prices, so rents will probably continue to go higher.
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