Why property prices in NZ are to high compared to other countries.

[fungus pudding]

yeah property was great buying but those days are over unless property prices crash unlikely or average incomes go much much higher ...

I had for few years a 4brd 1940's brick/roughcast new roof rental 15min walk to the Invercargill SIT use to get 300pw paid 145k sold it for 187k I see years later guys trying to get over 200k for it now also had a 14% yeild 8 block of flats overall stressful investments even with a property manager.

much rather run my own share portfolio which like the rentals has some of the banks money invested ..

everyone different though an I do hope once we've paid off are own home too buy a few debt free near new rentals for some passive income

Have a good hard look at commercial/industrial. It's tough to buy at present, but a dream to own and operate compared to residential.