* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Monday, July 28, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Micro wrestling coming to NE Ohio – Cleveland.com

    Get Ready, NE Ohio: Micro Wrestling Is Making Its Exciting Debut!

    League City seeking proposals for 53-acre entertainment district on sportsplex land – galvnews.com

    League City Invites Proposals to Transform 53-Acre Sportsplex into Vibrant Entertainment District

    Top 5 entertainment news: Sandeep Reddy Vanga regrets trimming Animal’s runtime by 7-8 minutes, Akshay Ku – Times of India

    Top 5 Entertainment Highlights: Sandeep Reddy Vanga Reveals Why He Trimmed Animal’s Runtime by 7-8 Minutes, Plus Akshay Ku Updates

    Cote de Pablo reveals how Michael Weatherly used his soap opera roots to put her at ease in “NCIS” love scene – yahoo.com

    Cote de Pablo Reveals How Michael Weatherly’s Soap Opera Background Made Their “NCIS” Love Scene Easier

    City of Pelham announces entertainment district plans for former Oak Mountain Amphitheatre site – WVTM

    Pelham Unveils Exciting New Entertainment District Plans for Former Oak Mountain Amphitheatre Site

    Black Box Players presents ‘The Three Musketeers’ – CBS 19 News

    Experience the Adventure: Black Box Players Bring ‘The Three Musketeers’ to Life!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    AI’s race in the dark with China – Axios

    The High-Stakes AI Race: Innovation and Competition in the Shadows

    Eagle Unveils Revolutionary X-Ray Technology at Pack Expo

    Validea’s Top Information Technology Stocks Based On Peter Lynch – 7/25/2025 – Nasdaq

    Validea’s Top Information Technology Stocks Based On Peter Lynch – 7/25/2025 – Nasdaq

    WhoFi: New surveillance technology can track people by how they disrupt Wi-Fi signals – Tech Xplore

    WhoFi: New surveillance technology can track people by how they disrupt Wi-Fi signals – Tech Xplore

    Google Cloud Announced as a Key Technology Partner for Odoo Connect 2025 in San Francisco – GlobeNewswire

    Google Cloud Announced as a Key Technology Partner for Odoo Connect 2025 in San Francisco – GlobeNewswire

    Behind the Screens: The Impact of Technology on Real Estate – TRREB

    Behind the Screens: How Technology is Transforming the Future of Real Estate

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Micro wrestling coming to NE Ohio – Cleveland.com

    Get Ready, NE Ohio: Micro Wrestling Is Making Its Exciting Debut!

    League City seeking proposals for 53-acre entertainment district on sportsplex land – galvnews.com

    League City Invites Proposals to Transform 53-Acre Sportsplex into Vibrant Entertainment District

    Top 5 entertainment news: Sandeep Reddy Vanga regrets trimming Animal’s runtime by 7-8 minutes, Akshay Ku – Times of India

    Top 5 Entertainment Highlights: Sandeep Reddy Vanga Reveals Why He Trimmed Animal’s Runtime by 7-8 Minutes, Plus Akshay Ku Updates

    Cote de Pablo reveals how Michael Weatherly used his soap opera roots to put her at ease in “NCIS” love scene – yahoo.com

    Cote de Pablo Reveals How Michael Weatherly’s Soap Opera Background Made Their “NCIS” Love Scene Easier

    City of Pelham announces entertainment district plans for former Oak Mountain Amphitheatre site – WVTM

    Pelham Unveils Exciting New Entertainment District Plans for Former Oak Mountain Amphitheatre Site

    Black Box Players presents ‘The Three Musketeers’ – CBS 19 News

    Experience the Adventure: Black Box Players Bring ‘The Three Musketeers’ to Life!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    AI’s race in the dark with China – Axios

    The High-Stakes AI Race: Innovation and Competition in the Shadows

    Eagle Unveils Revolutionary X-Ray Technology at Pack Expo

    Validea’s Top Information Technology Stocks Based On Peter Lynch – 7/25/2025 – Nasdaq

    Validea’s Top Information Technology Stocks Based On Peter Lynch – 7/25/2025 – Nasdaq

    WhoFi: New surveillance technology can track people by how they disrupt Wi-Fi signals – Tech Xplore

    WhoFi: New surveillance technology can track people by how they disrupt Wi-Fi signals – Tech Xplore

    Google Cloud Announced as a Key Technology Partner for Odoo Connect 2025 in San Francisco – GlobeNewswire

    Google Cloud Announced as a Key Technology Partner for Odoo Connect 2025 in San Francisco – GlobeNewswire

    Behind the Screens: The Impact of Technology on Real Estate – TRREB

    Behind the Screens: How Technology is Transforming the Future of Real Estate

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Property investors rake in $500 billion over 30 years

July 18, 2024
in Business
Property investors rake in $500 billion over 30 years
Share on FacebookShare on Twitter

Navigation for News Categories

houses, aerial view, real estate, property, housing, business

Photo: Unsplash / Blake Wheeler

New Zealand property investors have made $511 billion since 1991, one economist has estimated.

Ed McKnight, of Opes Partners, calculated the gains by using the Reserve Bank’s estimated value of housing stock, adjusted by Stats NZ’s home ownership rates.

Over 30 years, the combined value of New Zealand residential property increased by $1.5 trillion, of which investors benefited from about a third.

McKnight said that was likely to be similar to Australia’s experience of the past few decades.

“Property values have increased at a similar rate over the long term and have a similar rate of homeownership and investing. But it would likely be higher than the UK and the USA.

“Those countries have a similar homeownership and renter rate. But, house prices haven’t gone up as quickly. So less wealth would have been generated compared to New Zealand.”

He said although it was a rough estimate, it would give a sense of the scale of wealth that had been created by long-term property investment.

“It’s safe to say that it’s in the multi-hundreds of billions.”

Nick Goodall, head of research at CoreLogic, said the fact that values had increased so much over 33 years was staggering.

“That a third of that has been enjoyed by investors is not necessarily a surprise but certainly another way of illustrating the exceptional growth of the property market over that time and that investors have been a key part of that.”

Miles Workman, a senior economist at ANZ, said property was popular with New Zealand investors because it was easy to understand, and there had been a structural trend towards lower interest rates that had been associated with a trend higher in house prices.

“If you got into the property market at the right time in history, it’s been well publicised that people did pretty well out of that. The big question is whether it is still appropriate to assume those kinds of price rises can persist.”

He said house prices were stretched by affordability measures. ANZ expected limited growth in prices this year, followed by 4 percent in 2025 and 5 percent in 2026.

The historical average was closer to 6 percent, he said.

Workman said Australia had a larger share of its new lending for property going to investors – about twice the rate.

“Australia has similar affordability constraints that we do.”

The ability to leverage a property investment – borrowing most of the purchase price from a bank – made it a different prospect from most other investment classes, he said.

Policies had been tightened over the years against investors, he said, but investors were providing a service for people who could not afford to buy a house or did not want to. Having more rental supply would mean lower rent.

“You don’t want to discourage people from participating in that market, providing a rental service.

“At the same time there are affordability concerns. For a first-home buyer trying to get into the market, with an intergenerational equality lens, there’s a huge difference in how expensive housing is if you want to buy a first house now versus the 1980s.”

He said it remained possible that a future government would introduce a capital gains tax.

Infometrics chief economist Gareth Kiernan said people had seen property investment as a safer option than shares after the 1980s market crash.

But he said New Zealand’s heavy reliance on property was increasingly internationally unusual.

“More countries are looking to have some sort of tax on property to bring it more into an even playing field with other investments.”

He said property investment did not contribute anything in terms of growing the economy or improving productivity.

“If we were investing in companies that were growing businesses … you could arguably see better performance long-term in the economy, but we play this game where we put money into property on the understanding some other sucker will buy it from us in future for more than we paid for it.

“From an individual perspective, it makes perfect sense. Economy-wise, it’s suboptimal.”

Get the RNZ app

for ad-free news and current affairs

Download from Apple App Store
Download from Google Play Store

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : RNZ – https://www.rnz.co.nz/news/business/522526/property-investors-rake-in-500-billion-over-30-years

Tags: businessInvestorsproperty
Previous Post

First-home buyers to benefit from flat housing market

Next Post

KiwiSaver: Strong international stock markets boost New Zealanders’ funds

Max Eisenbud Named Head of Client Representation for WME Sports – Variety

Max Eisenbud Named Head of Client Representation for WME Sports – Variety

July 28, 2025
Pine Park Becomes a Cold-Weather Ecology Lab – Dartmouth

Pine Park Becomes a Cold-Weather Ecology Lab – Dartmouth

July 28, 2025
National Science Foundation staff decry Trump’s ‘politically motivated’ cuts – The Guardian

National Science Foundation Staff Rally Against Politically Motivated Budget Cuts Under Trump

July 28, 2025
Test Yourself on Science Fiction That Became Reality – The New York Times

Can You Believe These Science Fiction Ideas Are Now Reality?

July 28, 2025
At 35, wobbling on a bike, I met the child I never got to be – VegOut

At 35, Wobbling on a Bike, I Rediscovered the Child I Never Got to Be

July 28, 2025
In a stressful human world, ‘mermaiding’ gains popularity in D.C. area – The Washington Post

Escape Stress with the Magical World of Mermaiding: A Growing Trend in the D.C. Area

July 28, 2025

Iran’s Economy in Crisis: Soaring Inflation and Collapsing Investments Shake the Nation

July 28, 2025
Micro wrestling coming to NE Ohio – Cleveland.com

Get Ready, NE Ohio: Micro Wrestling Is Making Its Exciting Debut!

July 28, 2025
Pacific Mind Health Releases 5-Minute Mental Health Check-In Toolkit – Yahoo Finance

Boost Your Wellbeing with the New 5-Minute Mental Health Check-In Toolkit

July 28, 2025
‘Adapt … or we’re in danger of becoming extinct’: See Rep. Torres’ warning for Democrats – CNN

Adapt or Face Extinction: Rep. Torres Delivers Stark Warning to Democrats

July 28, 2025

Categories

Archives

July 2025
MTWTFSS
 123456
78910111213
14151617181920
21222324252627
28293031 
« Jun    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (743)
  • Economy (767)
  • Entertainment (21,647)
  • General (16,156)
  • Health (9,804)
  • Lifestyle (775)
  • News (22,149)
  • People (769)
  • Politics (776)
  • Science (15,981)
  • Sports (21,265)
  • Technology (15,747)
  • World (750)

Recent News

Max Eisenbud Named Head of Client Representation for WME Sports – Variety

Max Eisenbud Named Head of Client Representation for WME Sports – Variety

July 28, 2025
Pine Park Becomes a Cold-Weather Ecology Lab – Dartmouth

Pine Park Becomes a Cold-Weather Ecology Lab – Dartmouth

July 28, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version