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How many investment properties is too many?
#28
(02-12-2021, 07:04 AM)Oh_hunnihunni Wrote: No, it is perfectly legal. And being done exactly by the rules. 26 years though is a long time.

On a related note I see Mr Luxon owns seven properties and is set to make 4.3m in extra paper value in today's property market.

How much longer must we wait until some balance is restored?

He might own 7 properties but only 3 are rentals. He has a family home and a bach as do many 'ordinary' people, his Electoral Office and the apartment he bought in Wng. which saved paying rent. Nothing wrong with that, he has taken advantage of earning good money throughout his working life which many of us could have done and is reaping the benefit of this crazy housing market.
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RE: How many investment properties is too many? - by Kacee - 04-12-2021, 11:12 AM

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