Industry expert Rishabh Kapoor calls for self-regulation in the rental market to address its 'wild west' image.
Industry expert Rishabh Kapoor calls for self-regulation in the rental market to address its 'wild west' image and boost investor confidence. Despite government changes in interest deductibility and eviction laws, a rental property shortage continues. Data shows a 6% price increase and a 1.5% drop in residential vacancy rates over the last six months. Kapoor's Impression Real Estate manages around 1,000 rentals in Auckland and advocates for industry self-regulation to rebuild trust.
May 11, 2024
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