It’s not the relaxing to 70% that some investors had been expecting however the increase from 60% to a 65% threshold will in some cases be the difference in getting another property transaction across the line. That is the big news for investors in the Financial Stability Report which was released earlier this morning.
The new government, their proposed changes to policies, and their effect on landlords/investors, what does it all mean?
The election has blown over, our political environment has been set for at least the next 3 years, and the term under Labour seems like it will be influential for property owners/investors with the fact it was such a hot topic in the campaign.
To re-cap on our previous newsletter, I am primarily focusing on the property/rental market, the economy and how this will impact us as investors.
From this perspective, the Labour party plans on the following changes, which I’ve grouped together based on.....
Watch Matthew Gilligan and Tony Alexander as they give their post-election analysis. They discuss what is likely to happen in the economy and property market over the next 12 months, factors influencing the market, and how you can invest and profit in the current and unfolding conditions.
How do I get started in property investment?
- Learn the basic principles you need to know about property investment
- Understand how to turn your first investment property into a portfolio
Property ownership is and always will be a kiwi dream, if not, THE kiwi dream. In the current market, especially among major town centers – with Auckland in particular – affordability is more and more problematic, with property investment seeming even further out of reach – but in reality, is it?