Just a reminder that the amount of stimulus being pumped into the NZ economy right now is far more than anywhere else in the world when compared to our GDP.
$100 billion is being printed now and into next year. Overdone? Probably. But the more important question is, what will happen when the support finally stops?
Property is a great long term investment, but don’t forget that taking on debt comes with risk. Make sure you have a plan and have modelled what your debt repayments look like if interest rates rise.
#assuredproperty #housing #rentals #propertyinvestment