In this episode, we discuss why you can't always believe what you read in a developer's marketing materials, with a special focus on a recent article featured in The Press. This article profiled a particular Christchurch developer who had suggested that a property they were developing could be used for Airbnb, despite the fact that purchasers would need resource consent for that to be legal.
The developer in question had inserted a disclaimer that suggested that enforcement action from Christchurch City Council would not be forthcoming. The council has taken exception and stated that they will be enforcing their current bylaws and that the disclaimer should be removed from the developers marketing materials.
Finally, we wrap up by asking if you would please take our Podcast Survey. Our goal is to create the best podcast in the world that teaches real Kiwis how to invest in New Zealand property. You can really help us do this by taking two minutes to answer these 7 questions.
The Property Academy Podcast