Rent rage in tight housing market

One in four New Zealand tenants suffer from “rent rage” – and the phenomenon is set to grow as more people are shut out of owning their own home.

According to a national survey by property website allrealestate.co.nz more than half of the 170 online respondents expressed “anxiety” over their rental predicament, with rising rents appearing to have triggered feelings of rage and fury among a quarter of Kiwi renters.

Only nine per cent of respondents said they were happy with their accommodation, while 1.7 per cent reported feeling well cared for by their landlords.

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