In this epiosde, we discuss KiwiBuild and the benefits of purchasing a KiwiBuild home through the ballot system. This is because first home buyers, in some cases, are purchasing their first homes up to $300,000 under value.
Throughout the show, we give an example from Ormiston in Auckland. Here, a first home buyer paid $650,000 for a property that is expected to be worth $950,000 at completion. First home buyers in these situations are then able to purchase an investment property using the equity within that home.
If you've got a topic you'd like us to speak about on the show, then send us a text. Our number is 5522. It would be great to hear from you.
The Property Academy Podcast