The New Zealand Rental Housing Market
1/3 of New Zealanders rent their homes.
81% of these people rent from a private landlord or trust.
19% rent from a public landlord (such as Housing New Zealand Corporation or a local authority).
15 months or less is the average duration of a tenancy.
50% end within 10 months, 33% within 6 months and 13% within 3 months.
400,000 people call Tenancy Services for advice each year.
210,000 bonds are lodged for rental properties each year.