Traditional renting model shows poor returns compared to Airbnb
Years before traditional landlords recover their costs.
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Although Auckland is the fourth most unaffordable housing city in the world, the pain doesn’t stop there as the real estate market changes.
For a traditional investor with a three-bedroom property bought at last year’s average price across the country of $783,668, it will take 31.6 years to
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Sally Lindsay
Tue, 24 Jan 2017
Tue, 24 Jan 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Traditional renting model shows poor returns compared to Airbnb
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