Auckland rental property investors not getting bang for their bucks.
The charges relate to a planned industry response to Trade Me changing its fee structure.
Perhaps this type of behaviour explains the excessive commission rates too.
House prices still increasing, but rate slowing.
I live in Manawatu and recently saw a brand new 5 bedroom, 2 bathroom, 2 garage house with designer interior and 1000m2+ land area go for that average price. Get a helluva nicer view with that money as well. Insanity at its finest up in Auckland right now.