Are property investors out for the count?
With weaker property market conditions and an increasing number of hurdles, CoreLogic NZ Chief Property Economist Kelvin Davidson shares his thoughts on the likelihood of property investors jumping back in
It’s tough to get the sums to stack up at present
Given 40% deposits (unless buying a new-build), low gross rental yields, higher mortgage rates (not to mention tough serviceability tests), increased compliance costs, removal of interest deductibility, and flattening rents, there are several key challenges for a would-be new investor. Continue →