The country needs more residential dwellings.
Why are landlords like Jane and others not buying newbuilds and renting them out in the long term rental market? This will add more housing for tenants. (and landlords get their full tax deductibility)....
Chris W
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Can a property price fall more than 70%?
Sept 2021: Buyer purchased for $2,400,000
Feb 2023: Owner sells for $705,000
In 17 months, that is a price drop of over 70%.
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