Property Now
New vs Existing - 7 Rounds. One Winner
New build vs existing property is one of the most argued debates in NZ property investing.
Most people arguing about it have never actually run the numbers.
In this video, Ed settles it - seven rounds, two real $700,000 NZ properties, one winner:
● Why existing NZ property wins on land size and renovation potential
● Why NZ new builds need a 20% deposit vs 30% for existing, and what that means for your portfolio growth
● Why NZ new builds are exempt from debt-to-income ratio rules that cap existing property investors
● Why the capital growth data shows almost no meaningful difference between new and existing NZ property
● And why the lower deposit on a NZ new build can deliver a 5x return vs 3.3x on the same dollar gain
Ed invests in new builds and his company helps people buy them. He's trying to be fair anyway, and he wants you to call him out if he isn't.
Ok, now for the legal bit:
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We’ve made every effort to make sure the information is accurate. But we occasionally get the odd fact wrong.
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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