Home Or Rental Property?

July 13, 2014

Tips & Ideas

In New Zealand home ownership is not a given anymore and the rate of homeownership is dropping every year. Currently it’s 64 percent and New Zealand sits at 35th in the world.

However property is still the most talked about asset class in New Zealand.

Everyday market news is published on websites and in the hourly news bulletins. If the property sector is doing well our economy is too – or so it is assumed.

How To Get Onto The Property Ladder

To get on the property ladder it pays to start the process early i.e. start saving for the pre-requisite 20 percent deposit as soon as you secure a job. Even if your job is part-time forming the ‘saving habit’ is key to being in control.

Read books; watch news online, attend educational events. Essentially study the property market like your life depends on it. The worst that can come from knowing about the market is you’ll secure a better choice of home for yourself or investment.

Investing in property can be highly addictive. It’s hard not to get excited about your first home especially if it’s actually earning you money!

For more information on property investment consider downloading the eBooks present on PropertyTutors website.

Pre-register for The Masters – One Day Property Event October 2014

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About Property Tutors

“PropertyTutors Limited believes the information in this publication is correct, and it has reasonable grounds for any opinion or recommendation found within this publication on the date of this publication. However, no liability is accepted for any loss or damage incurred by any person as a result of any error in any information, opinion or recommendation in this publication. Nothing in this publication is, or should be taken as, an offer, invitation or recommendation to buy, sell or retain any investment in or make any deposit with any person. The information contained in this publication is general in nature. It may not be relevant to individual circumstances. Before making any investment, insurance or other financial decisions, you should consult a professional financial adviser. This publication is for the use of persons in New Zealand only. Copyright in this publication is owned by PropertyTutors Limited. You must not reproduce or distribute content from this publication or any part of it without prior permission.”

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