Stubbs’ Simplicity punts $100M to shake up rental market

Simplicity KiwiSaver founder Sam Stubbs (2nd from right) now wants to disrupt the housing market. (Image: Supplied)

Thu, 04 Nov 2021

A burning desire to improve housing options for renters and utter disillusionment with conditions for construction sector sub-contractors has given birth to an initiative that promises to shake up both the rental and residential construction markets.Finance entrepreneur Sam Stubbs is putting $100 million into the first phase of a major new build-to-rent scheme, hoping to disrupt the housing market as effectively as his Simplicity KiwiSaver initiative has brought lower fees and competition to the New Zealand funds management scene.In a unique pa...

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