More Property Speculators struggling to find tenants

Following on from the post the other day about landlords struggling to find tenants, here's some more who are struggling. Shows it isn't just Auckland which is slow, so renters now is the time to negotiate rent down or find somewhere cheaper.

Got to love the, "Never drop rent" comment. They really are afraid of market rent dropping because then they might actually have to pay something towards their asset which will likely net them huge capital gains in the future instead of relying on their tenant's hard earned income to pay all the costs.