More residential property investors should consider commercial investments as an alternative, one commentator says.
Home sellers are still expecting near record prices for their homes, figures released by Realestate.co.nz show.
Auckland property owners can expect their property values to increase by an average 33% when they receive notices from the council in November.
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“Hi, I own a commercial property. It is held by a company, which is in turn owned by parent holding company. My wife and I are the owners of this. We now want to purchase a second commercial property and would like to check that we are structuring the ownership in a sensible way. The plan is to establish a second company...”
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“Is the landlord obliged to ensure the tenant has safe drinking water? Rural property. Tank water collected from the gutters/drains. ...”
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Obliged to move in?
“Hi, my wife found a house through a letting agency and was quite happy with it after viewing it. The letting agent advised her to go to the office and sign the papers. She did not sign the papers because she wanted me to have a look at it too but she paid the letting fee. A few days later when I had a look at the house,...”
Our expert Juliet Robinson responds »
See also: Residental Dwelling Sales statistics »