| 30.08.2010 - NZ: Real estate as investment loses allure |
| From Stuff.co.nz: The Kiwi love affair with property investment is over. New research shows a drastic decline in the number of people intending to buy real estate as a money-making strategy. Property experts say tax changes announced in the Budget, rumours of a capital gains tax and a lack of confidence due to the recession are contributing to investor reticence...........................................Full Article: Source |