Check out this interesting artilce from the New Zealand Herald about house prices compared with rents in New Zealand as well as a comparison on the rest of the world!
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10828334
The real estate policy reforms announced in March will impact the residential housing triangle of property investors, first home buyers, and renters. Let’s look at the bright-line test, supply, and tax deduction reforms set in motion, and how they’ll affect Christchurch property investors. Bright-line test extended to ten years … Read more
At the end of April 2020, the Reserve Bank announced the removal of LVR restrictions on New Zealand banks. The move was designed to stimulate the economy following the wide-spread financial effects of COVID-19 and the Alert Level 4 lockdown. In light of the housing market fairing well through … Read more