Who'd want to be a landlord now ?

[Bjauck]

America catches a cold; the rest of the world gets pneumonia.

Apart from certain cities in the US, Americans have more affordable real estate than NZers?

Before the foreign purchaser restrictions were introduced many insiders (sure many had a vested interest in high turnover of expensive property and mortgages) downplayed the involvement of foreign purchasers in residential real estate. We were informed that such bans would have just a limited effect. Surely the effect on liquidity would be minimal as the majority of demand is local?

(2017) https://www.stuff.co.nz/business/984...property-sales

https://www.tvnz.co.nz/one-news/new-...housing-market

Just before the ban came into effect https://www.interest.co.nz/property/...and-houses-not