* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Thursday, September 18, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Massive Attack Say They’ll Remove Music From Spotify – yahoo.com

    Massive Attack Announces Plans to Pull Their Music from Spotify

    REO to return for UI homecoming – The News-Gazette

    REO Gears Up to Ignite the Stage at UI Homecoming Celebration!

    Gen V Season 2: What is The Odessa Project? – yahoo.com

    Gen V Season 2: Unlocking the Secrets of The Odessa Project

    PENN Entertainment stock rating reiterated at Market Outperform by JMP – Investing.com

    PENN Entertainment Stock Rated a Market Outperformer by Experts

    Here’s how NJ’s once-vibrant nightclub scene was born and why it died – Bergen Record

    The Rise and Fall of New Jersey’s Once-Vibrant Nightclub Scene: What Happened?

    The Emmys are back: Viewership soars to highest numbers in 4 years – yahoo.com

    The Emmys Return with a Bang: Viewership Hits a 4-Year High

  • 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
    China says US TikTok deal a ‘win-win’, will review app’s technology and IP transfers – Reuters

    China Hails US TikTok Deal as a ‘Win-Win’ While Launching Review of App’s Technology and IP Transfers

    Bucking the Odds: Why Technology Companies Should Embrace Software Patents Today – Crowell & Moring LLP

    Bucking the Odds: Why Technology Companies Should Embrace Software Patents Today – Crowell & Moring LLP

    City IT presented Best of North Carolina Technology Award – RaleighNC.gov

    City IT Honored with Best of North Carolina Technology Award

    LELO Releases 2025 Futurist Report: Intergenerational Views on Relationships, Sex, and Technology – PR Newswire

    Exploring the Future: How Different Generations View Relationships, Sex, and Technology in 2025

    Will New Big Technology Engagements Reshape Innodata’s Growth Path? – Yahoo Finance

    Could New Major Tech Partnerships Propel Innodata to Unprecedented Growth?

    Unlocking AI Success: How People, Process, and Technology Form the Ultimate Triangle

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Massive Attack Say They’ll Remove Music From Spotify – yahoo.com

    Massive Attack Announces Plans to Pull Their Music from Spotify

    REO to return for UI homecoming – The News-Gazette

    REO Gears Up to Ignite the Stage at UI Homecoming Celebration!

    Gen V Season 2: What is The Odessa Project? – yahoo.com

    Gen V Season 2: Unlocking the Secrets of The Odessa Project

    PENN Entertainment stock rating reiterated at Market Outperform by JMP – Investing.com

    PENN Entertainment Stock Rated a Market Outperformer by Experts

    Here’s how NJ’s once-vibrant nightclub scene was born and why it died – Bergen Record

    The Rise and Fall of New Jersey’s Once-Vibrant Nightclub Scene: What Happened?

    The Emmys are back: Viewership soars to highest numbers in 4 years – yahoo.com

    The Emmys Return with a Bang: Viewership Hits a 4-Year High

  • 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
    China says US TikTok deal a ‘win-win’, will review app’s technology and IP transfers – Reuters

    China Hails US TikTok Deal as a ‘Win-Win’ While Launching Review of App’s Technology and IP Transfers

    Bucking the Odds: Why Technology Companies Should Embrace Software Patents Today – Crowell & Moring LLP

    Bucking the Odds: Why Technology Companies Should Embrace Software Patents Today – Crowell & Moring LLP

    City IT presented Best of North Carolina Technology Award – RaleighNC.gov

    City IT Honored with Best of North Carolina Technology Award

    LELO Releases 2025 Futurist Report: Intergenerational Views on Relationships, Sex, and Technology – PR Newswire

    Exploring the Future: How Different Generations View Relationships, Sex, and Technology in 2025

    Will New Big Technology Engagements Reshape Innodata’s Growth Path? – Yahoo Finance

    Could New Major Tech Partnerships Propel Innodata to Unprecedented Growth?

    Unlocking AI Success: How People, Process, and Technology Form the Ultimate Triangle

    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

Historic chills fit in nicely at Old World Wisconsin’s Halloween special program – Milwaukee Journal Sentinel

Historic chills fit in nicely at Old World Wisconsin’s Halloween special program – Milwaukee Journal Sentinel

September 18, 2025
The Economy Is Turning Into a Black Box – The Atlantic

The Economy Is Turning Into a Black Box – The Atlantic

September 18, 2025
Massive Attack Say They’ll Remove Music From Spotify – yahoo.com

Massive Attack Announces Plans to Pull Their Music from Spotify

September 18, 2025
Ex-UC Health doctor who performed genital ultrasounds in his apartment sentenced to jail – Cincinnati Enquirer

Former UC Health Doctor Sentenced to Jail for Performing Genital Ultrasounds in His Apartment

September 18, 2025
Readers respond: Politics should avoid zero-sum game – OregonLive.com

Readers Respond: Why Politics Must Move Beyond the Zero-Sum Game

September 18, 2025
New approach improves right whale distribution models – EurekAlert!

Breakthrough Technique Boosts Precision in Mapping Right Whale Populations

September 18, 2025

Are Six-Figure Tech Careers Disappearing? Why Computer Science Graduates Are Struggling to Find Even Minimum Wage Jobs

September 18, 2025
Scientists reverse stroke damage with stem cells – ScienceDaily

Breakthrough Discovery: Scientists Successfully Reverse Stroke Damage with Stem Cells

September 18, 2025
New statewide SC lifestyle show ‘Palmetto Life Weekend’ to air on WMBF News – WMBF

Discover South Carolina’s Charm: New Lifestyle Show ‘Palmetto Life Weekend’ Premieres Statewide

September 18, 2025
China says US TikTok deal a ‘win-win’, will review app’s technology and IP transfers – Reuters

China Hails US TikTok Deal as a ‘Win-Win’ While Launching Review of App’s Technology and IP Transfers

September 18, 2025

Categories

Archives

September 2025
MTWTFSS
1234567
891011121314
15161718192021
22232425262728
2930 
« Aug    
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 (825)
  • Economy (845)
  • Entertainment (21,724)
  • General (17,108)
  • Health (9,890)
  • Lifestyle (859)
  • News (22,149)
  • People (849)
  • Politics (855)
  • Science (16,056)
  • Sports (21,344)
  • Technology (15,827)
  • World (829)

Recent News

Historic chills fit in nicely at Old World Wisconsin’s Halloween special program – Milwaukee Journal Sentinel

Historic chills fit in nicely at Old World Wisconsin’s Halloween special program – Milwaukee Journal Sentinel

September 18, 2025
The Economy Is Turning Into a Black Box – The Atlantic

The Economy Is Turning Into a Black Box – The Atlantic

September 18, 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