Business
We don’t have a housing crisis, we have a crisis of aspiration – Stuff.co.nz
OPINION: A fall in house prices would only benefit first home buyers and Judith Collins.
OPINION: We dont have a housing crisis. If we did the streets would be paved with the homeless and our cities blighted with shanty towns. What we have is a crisis of aspiration, with a generation finding themselves locked out of the property market or forced to live in sub-optimal arrangements.
Housing serves two purposes; one is accommodation, the other is investment.
A property that delivers net rental income of $50,000 represents an income stream, or in financial language, an annuity. If an…
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