The mood in the auction room - "They are putting the knife into New Zealanders"
Early feedback and mood of the market from the coalface. Significant majority of houses passed in with no bids. Start of a trend, of that I am quite certain.
https://www.oneroof.co.nz/news/39161
I'm calling it now. The tailwinds for retirement villages are over. There are better opportunities out there than this sector and I am glad I only have a very modest allocation, circa ~ 5% to the retirement industry now, all a "free carry" off previous profits.