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本帖最后由 bungyjumping999 于 2020-3-4 16:05 编辑
1) People who bought in years 2000 -2016 onward at the price range of $400K investment houses would have paid back their mortgage and have plenty of money lying around.
Some of them held a number of houses in that period, they are the people who are coming in to buy houses in this round.
Many of them are now receiving good rents for their properties and have good cash flow. They don't even need to sell, just add more properties to their portfolio.
2) Many returning overseas PR / Kiwi, they paid little tax while working overseas and managed to have good savings (investments) as compared with their peers who stayed back in NZ (part of their salaries are swallowed by tax). These people are now returning with their children for schoolings/universities. Their level of saving will put them in a much competitive position than the locals.
3) Economic downturn and recession always lead the government to consider opening up immigration. NZ has a vast aging population, the balance is getting younger immigrants to balance up the aging population. I read an article that said if NZ is left with natural population growth, it will take 8 years to increase just 20,000 people (ie natural-born and death). Immigration is an inevitable path for NZ, the policy, however, will gear towards more quality immigrants in the future.
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