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$50 rent increases for students “look like exploitation,” says MP

Media release from Grant Robertson
As students return to Wellington, the rental housing market is heating up and some landlords appear to be significantly raising rents to take advantage of student allowance increases, says Grant Robertson MP for Wellington Central.

“My office has heard from Wellington renters who have suddenly had their rent increased by $50 a week – exactly the amount that the maximum loan living costs will be increasing by this year. There are other stories of rent auctions and supplementary payments that are adding to the squeeze on renters.

“Landlords will increase rents from time to time, but this should be fair and reasonable. These kinds of rent increases look like exploitation, and like they are taking advantage of a group of vulnerable people in a tight market.

“The Government is committed to working with the Wellington City Council and private developers to increase the supply of rental accommodation. We are also reviewing the Residential Tenancies Act to improve the rights of renters. But these steps will take time.

“In the meantime, tenants who are experiencing these unfair rent rises should get in touch with my electorate office. It is important to find out which landlords are taking advantage of their tenants, and then take action to expose this, and where possible to stop this practice,” Grant Robertson says.

1 comment:

  1. Sam, 19. January 2018, 11:38

    My flat’s rent is going up from $480 to $550 a week, that’s a $70 increase and from what I heard it’s because the market is going up. It’s a huge jump and we as a flat are reviewing all our expenses, and are getting rid of some of the services. Also none of us are students and 3 of us have been there for 3 years including one who been there since he finished studying 6 years ago.