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[Sanya]

The ROI certainly won't be better than other property investments where you are able to leverage debt to increase gain.

[Sanya]

More bad news for the Government. The grand idea that first home buyers might use "The First Home Grant" to help purchase new builds is now looking increasingly improbable because building price escalations, in particular the skyrocketing cost of materials, will likely mean breaching maximum...

[Sanya]

This headline captured my attention:

New builds 'absolutely not' recommended for first-home buyers



Source:
https://www.stuff.co.nz/life-style/h...rsthome-buyers...

[Sanya]

Hopefully the "Government" reads the whole article.

They should try and understand why nationwide demand for rentals has increased and yet nationwide supply of rentals has decreased (8% decrease cited).

Rent controls will not build more houses to fix the supply issue....