REINZ responds to rental investigation

  • 21/07/2016
REINZ responds to rental investigation

A Newshub investigation has revealed the seedy underbelly of New Zealand's rental market.

Some Auckland garages are being rented out illegally by a predatory property manager, for more than $400 a week.

But it turns out, that "manager" is actually a tenant who is breaching her agreement by subletting at least one of the properties.

She tried to fill that residence with 13 people with one room left to fill.

Real Estate Institute of New Zealand (REINZ) Spokesman Bryan Thomson joined Ali Mau, filling in for Paul Henry.

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