Aspire Property Management's Mike Atkinson discusses tough times for landlords, calling it the worst market in 50 years. 

For years the story was rental shortage, rising rents, desperate tenants, but now we’ve got softer rents in some main centres, more townhouses and apartments, and tenants needing affordability.

So, the question arises, is it a renter's market, and if so, how long will it last? 

And what is the golden number for what percent of your income you should spend on housing? 

LISTEN ABOVE 

Aspire Property Management's Mike Atkinson discusses tough times for landlords, calling it the worst market in 50 years.&nbsp;
For years the story was rental shortage, rising rents, desperate tenants, but now we’ve got softer rents in some main centres, more townhouses and apartments, and tenants needing affordability.
So, the question arises, is it a renter's market, and if so, how long will it last?&nbsp;
And what is the golden number for what percent of your income you should spend on housing?&nbsp;
LISTEN ABOVE&nbsp;

The Weekend Collective on Newstalk ZB is an intelligent and fun take on the life you live and what you love. From Barrister to singer to recording artist and concert producer, including performing the national anthem for the All Blacks, you name it, Tim Beveridge has done it. Joined by a range of special expert guests throughout the afternoon, The Weekend Collective will cover off the issues of the week, politics, parenting, finance, wellness and property.

The Weekend Collective on Newstalk ZB is an intelligent and fun take on the life you live and what you love. From Barrister to singer to recording artist and concert producer, including performing the national anthem for the All Blacks, you name it, Tim Beveridge has done it. Joined by a range of special expert guests throughout the afternoon, The Weekend Collective will cover off the issues of the week, politics, parenting, finance, wellness and property.

The Weekend Collective

Mike Atkinson: The worst market for landlords in 50 years

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/ff34311c-1947-4353-9648-b4610064d34f/transcript