Sue Harrison: Pressure on rents is due to insufficient rental properties
The Mike Hosking Breakfast · Newstalk ZB
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Show Notes
The Property Investors' Federation says easing rents relies on many factors.
The Government's re-introducing interest deductibility for landlords.
They'll be able to claim 80 percent of interest expenses from April, and 100 percent from April 2025.
The Government says it'll ease pressure on rents, also benefiting tenants.
Property Investors' Federation President Sue Harrison told Mike Hosking that the pressure on rents, has come from insufficient rental properties.
She says they've been put under high pressure from high interest rates, and the money has to come from somewhere.
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