Research shows positive impacts of Wellington City Council's renting scheme
Research shows positive impacts of Wellington City Council's renting scheme
2 August 2024
The council's increasing its Te Kainga apartments, re-purposing under-utilised commercial buildings as affordable rentals.
Research company Sense Partners says residents' savings are redistributed into the city.
It estimates one-thousand tenants equates to more than 850-thousand dollars of additional retail spend.
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