This Australian owns seven NZ rental units; Why he’d rather buy here than back home
An Australian investor has amassed a portfolio of seven rental units in New Zealand, citing favorable pricing, higher rental returns, and advantageous tax settings as reasons to favor investing there over Australia. Property professionals note a growing trend of Australians looking to the South Island for real estate opportunities. This shift is significant as it reflects changing market dynamics and the impact of economic policies on cross-border investments. The implications extend beyond individual investment choices, potentially affecting housing markets and local economies in both countries.
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