WHY DO HOUSE PRICES RISE?
Feb 27, 2020
3 minutes
ANDREW NICOL
Despite the median sale price in New Zealand increasing by 3.7 times over the last 20 years, making property owners an estimated average $459,500, some investors are still cynical of market-made capital gains.
“You can’t control the market, so ignore market-made capital gains,” the narrative goes.
It’s true, money can be made through instant equity and cash flow, but the majority of wealth created in leveraged property is made from
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