Property

Census shows more tenants

More New Zealanders are now renting their homes, the latest Census 2103 data shows.

Tuesday, March 18th 2014

Just 43% of people aged 30 to 39 own or partly own their homes, down from 54.6% in 2001.

The number of private rentals has increased by 19% and the median rent is up 40%.

Overall, 49.8% of people aged 15 and over owned or partly owned their homes last year, compared with 53.2% in 2006.

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Rents rise in central suburbs

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