Wages grow in tandem with rents

In recent findings, wage growth and housing availability emerge as pivotal drivers for rent trends in New Zealand. While these insights underscore the intricacies of our housing market, they also present a silver lining for investors. As wages grow in tandem with rents, and with the consistency of these dynamics over two decades, New Zealand's real estate remains a promising avenue for diversification and scale. It's a testament to the country's resilience and potential for sustainable growth in the real estate sector. 🏡🌱

Original article could be found here:

https://www.landlords.co.nz/article/976522077/wages-rises-and-number-of-houses-available-biggest-influences-on-rents