nz shares or property

[Bjauck]

Equally, and just as silly - 'It's just as well there are people around who don't put their money into shares and instead buy real estate, so the building does not have to be dismantled and the materials returned for a credit when the original developers wants to end their involvement.'

It is unlikely that buildings would be dismantled as the cost of dismantling may exceed any sale proceeds of the second-hand materials.

Anyway the point, which you may agree with, is that a subsequent owner of a business, building or shares is an investor in a productive asset. The product from which is taxable except in the case of a residential building occupied by the owner.

[fungus pudding]

It is unlikely that buildings would be dismantled as the cost of dismantling may exceed any sale proceeds of the second-hand materials.

Fairly similar to what happens with a company liquidation.

[Bjauck]

Fairly similar to what happens with a company liquidation.

Companies range in complexity and may or may not own buildings and land.

They may have other assets, staff members, goodwill and intellectual property. Luckily new shareholders mean a liquidation is not necessary and the productivity of the existing company is kept alive.

[fungus pudding]

Companies range in complexity and may or may not own buildings and land.

They may have other assets, staff members, goodwill and intellectual property. Luckily new shareholders mean a liquidation is not necessary and the productivity of the existing company is kept alive.

Phew - just like a building that finds an owner.

[Bjauck]

Phew - just like a building that finds an owner.

So you now agree that buying shares in an established business is a productive investment?

[fungus pudding]

So you now agree that buying shares in an established business is a productive investment?

Why end a statement with a question mark?

[Bjauck]

Why end a statement with a question mark?

Because it is a question! The word order in the sentence indicates an element of surprise at what seems like a volte-face in your position...

[fungus pudding]

Because it is a question! The word order in the sentence indicates an element of surprise at what seems like a volte-face in your position...

If it's a question, then I don't agree.

[kiora]

Or a small business?
https://www.stuff.co.nz/business/123...ns-than-houses

[dobby41]

Or a small business?
https://www.stuff.co.nz/business/123...ns-than-houses

Would be good - and productive too.
Unfortunately many people buying rental property wouldn't have the nouse to run a small business. Residential property is much easier.