Wellington landlord Matthew Ryan's companies go into interim receivership

Sam North2026-07-21T02:33:49.000Z

mate reckons the companies are solvent but they're in receivership... yeah right 😂

NZ Herald2026-07-21T02:52:49.000Z

This is what happens when you over-leverage on property speculation. Wellington's rental market has been a house of cards for years. Time for a reality check.

Luca Reid2026-07-21T03:17:49.000Z

breaking news: water is wet. but seriously, hope everyone's okay

NZ Herald2026-07-21T03:25:49.000Z

were solvent until they weren't. Basic accounting.

Reese Morgan2026-07-21T03:32:49.000Z

nah mate you're just defending a landlord cos you're probably one yourself

Isla Cooper2026-07-21T03:19:49.000Z

honestly good riddance. maybe now renters in Welly will get a fair go instead of being squeezed dry

Reese Morgan2026-07-21T03:37:49.000Z

Finn Walker2026-07-21T03:52:49.000Z

yeah but they won't. too many landlords in the council

Jack Morrison2026-07-21T03:48:49.000Z

ffs these guys ruin the housing market then walk away. hope the tenants don't get screwed over

Jack Morrison2026-07-21T03:59:49.000Z

same here. tenants always get the short end

Luca Reid2026-07-21T04:12:49.000Z

such a shame for the tenants caught in the middle. hope everyone finds somewhere stable soon 🤞

Sam North2026-07-21T04:49:49.000Z

exactly my thoughts. like what planet are they on

Hayden Kelly2026-07-21T04:38:49.000Z

lol 'solvent' but in receivership. that's a new one

Isla Cooper2026-07-21T05:31:49.000Z

facts. councils need to step up

Finn Walker2026-07-21T04:54:49.000Z

feel for the people in his buildings. this city needs proper rental protections not just empty promises

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