Fundamentals of the economy starting to gather pace in multiple sectors
Less crime
More tourism
Inflation down
Interest rates down
Farming up
Education improvements
Roads getting fixed
Good work - this is why we voted in the coalition and about time we started giving some credit where it is due!
lol BS and I am not a leftie last report had inflation at 2.7% up from 2.2 at the same time last year.
Crime dropped from 241 to 225 per 100.000 of the population, yet at the same time the number of victims rose from 31 to 32 % mainly due to an increase in fraud.
Farming up is due to an increase in price for dairy products... hardly helpful to the average kiwi...
Tourism is increasing but still below pre-pandemic numbers...
Go for a drive around any town in NZ and look at the empty shops and warehouses. Your from Tauranga, go for a drive, bet you can find at least 50... in a single cluster
Where are these cheaper rentals for existing tenancies can you show me some proof of a landlord reducing rent, apart from a few people who wanted "look at me" news stories on social media. While it is true that rents have decreased for new rental agreements, this is due to the lack of people who could afford the old rates and landlords having the choice of accepting less or nothing at all. I am yet to hear of existing tenants being offered cheaper rents. The other thing that is happening is now instead of couples or families having privacy, they are forced to rent out empty rooms just to meet the bills. You want proof of this, look at room rentals increases on all platforms from Facebook Marketplace to sites like NZ Flatmates. This is another reason for increased mortgagee sales, many landlords now can't get the rent to service their huge debts.
The only decreases in rents I can find are for commercial properties renewals and the drops have been huge because there aren't the numbers of businesses to support high rents.. One of the largest stats for unservicable debts is business loans. Business owners who put up their own assets as security for lending are being put into personal receivership in increasing numbers.
