Tenants forced to bid for rent
Some landlords are taking advantage of the strong rental property market in Nelson by making potential tenants bid against each other, people involved in the market say.
Thursday, October 9th 2003, 2:37AM
by The Landlord
"My understanding from clients is that landlords somehow found other tenants willing to pay more, and then asked the current tenants to put in a tender as well," Ms Anne said.
In each case, the tenants had moved on.
"To be asked to put in a tender for your own rent I think is unreasonable. Tenants are then put in the awful position of not knowing how much to tender."
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