NZ House Prices: The average value of NZ homes increased by $17,227 in Nov and now sits at $987,401, according to the CoreLogic House Price Index.
Assured Property’s investors continue to be rewarded for making the decision to support the NZ housing market by buying new rental property off the plans.
Our landlords provide renters with warm, healthy homes to live in and they in turn reap the rewards of capital growth.
Long term investment in real estate is as important now as it has ever been. While we are likely to see lower growth rates for housing over the next couple of years, after the amazing 30-40% run since pre-Covid, government’s will continue to waste our tax dollars on things that provide no return which will mean the reserve bank will continue to borrow and or print money. Either way, inflation will continue to rise and housing costs along with it.
There is very little you can trust today. Cash is trash. Stock markets are overpriced, bonds are a joke and the government will continue to raise taxes to fund it’s misguided policies. At least when you own a property, it’s real. You own it, you can see it, you can live it, borrow against it, it’s inflation proof, it’s a hard asset. Sure, house prices could drop at some point, but by how much and for how long. I sleep well at night knowing the results of many years of hard work is held in something physical and tangible.
#assuredproperty #housing #rentals #propertyinvestment