Rents are expected to increase this month in Auckland with landlords blaming housing shortages & an unprecedented interest in their properties.

• Auckland Property Investors Association has warned that rent hikes could be more dramatic in 2017 than in previous years.
• While increases would give tenants cause “to indulge in landlord bashing”, the association said local bureaucrats are to blame.
• With more banks increasing their mortgage rates, rent rises are inevitable as landlords looked to cover higher costs.
• Social policy analyst says there is little tenants could do if the landlord decided to raise the rent, even if they think the increase is unreasonable.

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