Bay of Plenty Rent Growth Cools Amid Market Shifts

Rental markets in Tauranga and Rotorua are showing signs of stabilization as tenants become increasingly price-sensitive amid ongoing cost-of-living pressures. While coastal suburbs like Mount Maunganui and Pāpāmoa remain the most expensive, with weekly rents averaging between $735 and $740, property managers report that rental growth has slowed significantly across the Bay of Plenty over … Read more

First home buyers buoyed by negative gearing, capital gains changes at first Saturday auctions since budget

Hundreds of property auctions took place across the country on Saturday, with prospective first-home buyers showing renewed optimism following the introduction of significant tax reforms. At one auction for a South Melbourne apartment, a successful bidder who had spent over a year searching for a home expressed support for the changes. She noted that the … Read more

To Evict Good Cause Tenants, Landlords Now Claim ‘Demolition.’ Is It Valid?

New York City tenants facing eviction under the 2024 Great Cause Eviction Law are grappling with an unexpected legal gray area: the vague definition of “demolition.” Landlords are exploiting this ambiguity to bypass tenant protections, leaving residents like Feryal Nawaz, Carla Orlandi, and Parisa—three 27-year-old roommates in an East Village apartment—to question whether their home … Read more