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Monday, April 04, 2005

Takapuna rents tumble

The Sundar-Star Times reports that rental property prices in the North Shore City suburbs of Takapuna and Milford have declined up to 23% on the last year. Anyone who knows the Auckland property market realises how serious this is. Takapuna especially has many desirable middle-class inner suburban houses and apartments which were in high-demand during the recent property investment boom.

Posted by Antarctic Lemur | 4/04/2005 04:20:00 PM

1 Comments:

Blogger Adolf Fiinkensein said...

Yup. The hard landing is very close. Probably too close to save Helen and Jordan no matter how early she goes.

4/04/2005 05:06:00 PM  

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