In this episode, we discuss and compare the apartment markets in Auckland, Christchurch and Wellington, to determine which have the greatest potential to rise and which have the greatest potential to fall.
Our conclusion is that the Christchurch and Wellington apartment markets are more likely to hold value compared to the Auckland apartment market. This is because apartments in these cities are more likely to be owner by owner-occupiers, have less reliance on international tourism and the international student market, and because of (in Wellington's case) a reliance on government employers, which are less likely to call for redundancies.
We also mention our No Money Worries – property investment email course. This 9-lesson course will teach some of the basics about property investment, including our top tips that aren't available elsewhere on our website.
The Property Academy Podcast