Where can you put your money at present?

Brian Gaynor
Sat, 28 Nov 2020

Brian Gaynor
Sat, 28 Nov 2020
The old saying that New Zealand lives off the sheep’s back is now totally redundant as residential property has long since replaced wool and lamb as the country’s major wealth creator.This is demonstrated by the statistics that our total housing stock is worth an estimated $1,350 billion at present while all our sheep and lambs are probably worth no more than $4 billion at current prices.Thus, in this low interest rate environment, should we continue to pour our money into residential property or do other investment opportunities of...

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