How are economic conditions impacting renters?

Rising interest rates and dropping house prices have seen most of our attention focused on New Zealand mortgage holders.   But we are also a nation of renters, with many Kiwis not able to get onto the property ladder. Now, with the latest data confirming this week that Aotearoa was in a technical recession earlier this year, what effect has the current economic strain had on renters around the country? Are prices still steadily going up? And do these high prices even guarantee families a warm, dry home?  On The Front Page, Infometrics principal economist and chief executive Brad Olsen explains to Damien why life is only getting tougher for renters. Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts. You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network. Host: Damien VenutoProducer: Shaun D WilsonExecutive Producer: Ethan SillsSee omnystudio.com/listener for privacy information.