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Council bach rents up 15%
New Zealand

Council bach rents up 15%

Rentals for the top 10 most popular "Bach Escapes" in Auckland regional parks are going up by 15 per cent, though summer holiday peak rates of $168 to $222 a night are still modest compared with those expected by private owners.

It's a one-way ticket out
Property

It's a one-way ticket out

The word is that because there is so little to choose from when it comes to finding a property, the mindset among many wannabe movers seems to be “there’s no point selling because there’s nothing to buy”.