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Dynamic

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#295234 15-Mar-2022 09:49
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I receive emails from the government agency Tenancy Services about market rent statistics, and was curious about the historical market rent for my suburb.  They have a CSV with historical data (back to 1993) but the CSV does not have suburb names.  I emailed them the following query in November:

 

Hi Team
 
I’m looking at the Detailed Quarterly Report here https://www.tenancy.govt.nz/about-tenancy-services/data-and-statistics/rental-bond-data/ .  Where can I find the Location IDs referenced in the CSV file?
 
Cheers
Mike

 

 

 

The answer came back today (lucky I was not holding my breath!), and I thought to post it here in case anyone else is curious.  I've not followed their link and checked it works for myself yet.

 

Good morning Mike
 
I am writing further to our previous correspondence and your query about the Market Rent statistics. Please accept my sincere apologies for the long delay in response to you. 
 
We referred this request to our Head Office team who have confirmed that you can the search the Location IDs at Data Table | Statistical Area 2 2019 (generalised) | Stats NZ Geographic Data Service, under the 'Data Table' tab. If you enter the Location ID in the search box and press enter, a result will generate to show which location is referenced. 
 
The Market Rent report uses the Statistical Area 2-2019 area definitions from Statistics NZ (at the link above). Our Head Office Team is following up with Statistics NZ to check if when more recent definitions will be available. 

 

 





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wellygary
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  #2886366 15-Mar-2022 10:00
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Just be aware of the limitations of Tenancy services rental data'

 

It is  based off bond data for new rental agreements, so its not a true representation of all rents in an area, 

 

Also If a landlord increases the rent in an existing tenancy agreement, this is not signalled to Tenancy Services, 

 

The Assumption is that the market price of new agreements filters through to all existing agreements (eventually) but from experience I know this is not true

 

There are many long term tenants in rentals that pay below market rates because they are good tenants and the lanlords are not money grubbing B@stards....


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