ONE NEWS Price, competition, puts heat on Auckland rents


Auckland rent prices are soaring and competition for securing a home is tough.  Director Alan Henderson says rent prices are climbing year by year, and was asked to comment on this topic recently for TVNZ One News.

“Rents are steadily increasing and we’re seeing rents climb by 10 percent per annum.” The average price for a three bedroom house in Te Atatu in January 2012 was $365 a week.

Click here to view the footage on One News