“..The Property Investors’ Federation says landlords are already trying to claw back rising costs –
– and predicts average rents for a three-bedroom Auckland home could jump up to $40 a week.
Crockers Property Group says many landlords will inevitably pass any increase on to tenants.
‘They’re in business to get a return –
– and that’s unfortunately the nature of the beast’ –
– said chief operating officer Dean Cates..”
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