12 Sep 2023

Auckland rental market approaching 'boiling point'

From Morning Report, 7:40 am on 12 September 2023

An Auckland real estate company says the rental market in the city is approaching boiling point.

Impression Real Estate says a huge shortage of residential rental stock has driven property viewing up 900 percent.

Many of the renters are new migrants or people who lost their homes in recent flooding, and therefore are unaware of their rights as tenants.

So, is there a chance AI could step in to help?

Chief executive Rishabh Kapoor spoke to Ingrid Hipkiss.