Property Now
NEVER Buy a New Build (Until You Watch This)
New Zealand builds almost 40,000 new build homes a year. More than 100 a day. One every 13 minutes.
And buyers keep walking into the same five traps — the ones developers leave out of the glossy brochure.
In this video, Ed counts down the 5 biggest new build traps to avoid when investing in NZ property:
● The difference between progressive payment builds and turnkey contracts — and why it matters more than price
● What happens if your builder disappears mid-build (and why turnkey protects your deposit)
● Why developers' "guaranteed rental yield" offers are often a marketing trick
● Why the lending gap between signing and settlement catches even well-prepared buyers off guard
● Why oversupply in a new development can leave your property empty for weeks
Dodge these five, and you're already ahead of almost everyone else buying a new build in New Zealand.
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.
Related videos in this series
How to 5x your returns in property investing⎥Ep. 2020
How to 5x your returns in property investing⎥Ep. 2020Am I middle class?⎥Ep. 2013
Am I middle class?⎥Ep. 2013