‘Mum and dad investors’ are pulling back. What will that mean for NZ’s housing market?
- Written by Michael Rehm, Associate Professor in Property, University of Auckland, Waipapa Taumata Rau
Getty ImagesIn New Zealand’s long and storied romance with the property market, the “mum and dad” investor has always been a central character.
With equity ready to draw on, they’ve traditionally accounted for between a third and half of all residential sales – driving a flow of bank credit, but also a steady rise in...
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