Rentberry, a rental platform described as the ‘eBay of renting’ or auction site for renters, has confirmed plans to come to New Zealand.

• Rentberry is in a global expansion phase, announcing its launch in Australia and New Zealand over the next few months.

• This could be bad news for tenants who will be bidding against each other for a property, which may push prices even higher.

• However, landlords wouldn’t have to worry about gathering information & credit history of potential tenants for they only have to choose.

• The higher returns & increased information available to landlords should encourage more investors into the market, increasing the supply of rental property or the supply of housing overall.

Controversial ‘eBay of renting’ criticised overseas, but may have an upside
Controversial renting platform Rentberry confirms it’s coming to NZ

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