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Invest in NZ – not in US properties

12 July, 2011

Invest in NZ – not in US properties is my mantra.

This is an interesting discussion thread. My personal opinion is that the economic fundamentals in New Zealand are sound and current indicators point to some good opportunity in selected “pockets” of the NZ property market. However, it is important to do your research! The attitude of prospective investors should be one of long-term “investment” vs making a quick buck thru “speculation”. The US market is, to my mind, currently one of “speculation” whereas NZ is one of “investment”. Anecdotal evidence suggests that many investors who previously supported the US (and Europe) as sound investment propositions, are now abandoning those markets because of increasing nervousness about economic instability, in favour of more commodity driven economies such as Australia and NZ.

If interested in finding out more about investing in NZ property, check out my website http://www.nzpbi.co.nz

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