Queenstown Lakes property values pass $2 million average for the first time
Queenstown Lakes property values pass $2 million average for the first time

crux.org.nz
Queenstown Lakes property values pass $2 million average for the first time

Property market is pretty crazy down here
I'm gonna assume all hospitality staff are living in flats with 10 others to split costs?
Oh yeah, the only empty houses are all the AirBnBs (at my weekly rent every night) or lock'n'leaves. Probably 2/3rds of my street is empty most of the time. Rentals can't be had for love or money, we got lucky with ours at the end of covid.
Man we really should have some sort of empty house tax. Our lack of housing supply is definitely exacerbated by all the empty houses.
Why are the AirBnBs empty? I figured they would be booked pretty solid.