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  1. M

    A sea of red for the housing market. Bigger and faster falls than GFC. Wellington down 20%, Auckland down 15%.

    @reathua9 Well yeah, my tenant is from overseas and isn’t a resident and doesn’t have a deposit for a mortgage. Should I kick him and his family out so I can sell my rental to a first home buyer and he has to go find another rental?
  2. M

    A sea of red for the housing market. Bigger and faster falls than GFC. Wellington down 20%, Auckland down 15%.

    @reathua9 The point is that rentals are needed by the private sector (property investors) to supplement the large number of people who cannot afford a house
  3. M

    A sea of red for the housing market. Bigger and faster falls than GFC. Wellington down 20%, Auckland down 15%.

    @reathua9 What’s wrong with the that? Where do people who don’t have a mortgage deposit i.e. first home buyers saving for that deposit or people renting with friends because that’s their lifestyle, or are more transient and prefer to rent than own?
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