- Market Rent is the average amount of rent most people are paying in that particular area.
Market Rent reflects the demand and supply situation of the real estate, thus making it highly dependent on the area’s real estate value. A popular area with nearby schools and amenities like bust stands, parks, grocery stores, supermarkets, and other shops will have a significantly higher real estate value, thus a higher market rent.
Read More:- Real Estate in Auckland City New Zealand
Sadly today in Auckland, there is an immense difference between the living wage and the minimum wage, resulting in people not being able to afford a house to live in.
- Living Wage is the salary you would need to earn in order to afford and sustain a decent standard of living
- Minimum Wage is the lowest wage permitted by the law.
One innovative solution to this problem of people not being able to afford a place to live is a rental place which can be delivered to you.
Transportable Homes
These are portable cabins with usually 1bhk designs(one bedroom, one hall, kitchen and bathroom). This is a cheap and affordable way to have the comfort of your own home in Auckland.
With real estate NZ not being at your side, these transportable homes can help you have something that you can call a home. If you are looking for an affordable place to live in Auckland, we recommend trying these 'Transportable Homes'. We hope the content above will prove to be informative and insightful to our readers.
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