With our two rentals we are getting approximately 4% net rents after all expenses (not including mortgage interest).
I can’t imagine property prices going up above inflation forever so let’s assume long term appreciation of houses goes up 3% a year.
Without leaverage and after paying tax this investment would earn 6%
I can go an dump money into an index fund and earn 9% with no hassle
I’m beginning to question investing in residential property in NZ it just doesn’t seem viable without capital appreciation any less than 6% or so...?
I can’t imagine property prices going up above inflation forever so let’s assume long term appreciation of houses goes up 3% a year.
Without leaverage and after paying tax this investment would earn 6%
I can go an dump money into an index fund and earn 9% with no hassle
I’m beginning to question investing in residential property in NZ it just doesn’t seem viable without capital appreciation any less than 6% or so...?
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