Property Now
Landlords Are Screwing NZ
Landlords are screwing New Zealand, according to some Kiwis.
Ed's been called a parasite. Told he adds no value. Called greedy and disgusting.
But instead of getting defensive, he decided to find out if it's actually true.
In this video, Ed breaks down:
● The case against landlords (they don't add anything, they crowd out first-home buyers, they extract wealth from tenants)
● What happens when you hire economists to find out what landlords actually contribute
● Why property investors contributed $28.9 billion to the New Zealand economy last year (almost 7% of GDP)
● How landlords sustained 147,000 full-time jobs — more than everyone who works in the public service
● And why new build investors like Ed aren't taking houses away from first-home buyers — they're funding construction of homes that didn't exist before
By the end, you get to decide: are landlords parasites or contributors?
Drop "Parasite" or "Producer" in the comments and let Ed know what you think.
Ok, now for the legal bit:
The information and opinions on this channel are for your general information. It’s not financial advice. So the hosts aren’t telling you what to do with your own money.
We’ve made every effort to make sure the information is accurate. But we occasionally get the odd fact wrong.
Make sure you do your own research or talk to a financial adviser before making any financial decisions. See our Disclosure information here.
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