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Rentals in short supply BY SUE NEWMAN
SUE.N@THEGUARDIAN.CO.NZ
Ashburton’s rental market has taken a huge U-turn, with more renters now looking for homes than properties available. In just two months that mar-
ket has changed from one where renters could be choosers, to one where the shortage was so dire, renters are being forced to take what they could, real estate agent Trevor Hurley said. The swing has been driven by
the arrival in town of seasonal workers and it’s a pattern that shows up most years to some extent, Hurley said. Vacant properties might be few, but the market was still a long way from the situation several years
ago where landlords were holding open homes to view properties and, in some cases, then adjusted rental – upwards – according to demand. “What we’ve got now is good for investors, but not so good for
SPRING ESCAPE
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Gluyas Nissan
79 Kermode Street | (03) 307 5800 Brian Higgins Sales Consultant Mob 027 431 6343 Kendall Sandrey Sales Consultant Mob 027 486 0016 Scott Donaldson Sales Manager Mob 027 225 5530
NISSAN NAVARA ST 4WD
NISSAN NAVARA ST 2WD
renters,” he said. He anticipates the rental shortage won’t ease before Christmas.
39,990
+GST +ORC
nissan.co.nz
Pricing indicated for D23WM & D23VM. Finance ooer available to approved applicants of Nissan Financial Services only and excludes all lease and some eet purchasers. Units must be registered by 31st October 2018 to qualify for the special nance ooer. The 1.9% Finance ooer applies to new Nissan vehicles only. The 1.9% p.a. xed interest rate is available with zero deposit and 36 month term. $375 establishment fee, $8.05 PPSR fee, and $10 monthly account keeping fee apply. Terms and conditions apply. Ooer cannot be used in conjunction with any other ooers and must end 31st October 2018 or while stocks last. Nissan reserves the right to vary, withdraw or extend this ooer.
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