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Gisborne Rental Shortage.

May - 03 | | No comments. | Gisborne

As you see by the current lack of properties we have for rent we’ve been experiencing a very strong demand for rentals since well before Christmas 2016 and it doesn’t appear to be slowing down. In fact most of ours are already spoken for with current tenants having friends or family waiting in the wings to take over existing tenancies when they move which means a large amount aren’t even getting advertised.

Talking to other agencies around town it’s not uncommon for between 30 – 60 applications to be received for empty homes, on top of that rents are also on the move upwards in a lot of cases which is putting a lot of pressure on single income families. The bad news is we cant see an end to this issue in the short term especially as long as the sales market stays on its current course.

For those of you who aren’t familiar with our company we’re a locally based rental company which is jointly owned by Samantha and Mike Leahy who also sell under the banner of Mike’s Real Estate, between us we can offer over 30 years of Real Estate experience and if we can help in any way please contact us on 06 8674153 or info@gisbornerentals.com . Enjoy your day!

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