Dan Breed

I know what traffic jams are.

The traffic jams here are not.

And if you move from Auckland like people do, they'd realize it's not really a traffic jam.

So it's 15 minutes.

We're good.

It takes you an hour to get on the motorway in Auckland sometimes.

So, yeah, look, huge change.

Starting to see outside influence.

I'm starting to see people bring their investments back into here.

And there's some really good rental returns in part of the kind of northern areas of Tauranga, like Gate Park, Reardon.

They got really good rental returns and we're seeing first time buyers move into those areas.

And we're definitely seeing that increase.

And I do a lot of different real estate agents and I know the numbers of rentals in the city in July was just over 360.

And it was quite hard to find people into those homes.

We're currently at 215.

So in a four month span, a heavy reduction in that.

And that's starting to bump up rental prices.

And we're starting to see investors starting to come back in the market.

Yeah, I hate to buck the trend, but I guess a little bit different.

And I only say that because we have such a contrasting market from a $20 million house to you can get a new build for $750.