Property investors are a popular political punching bag, but one of New Zealand’s best-known residential investors says they don’t deserve to be. Andrew Nicol,…
NZ Herald ·
Oh wow, a property investor says they don't deserve to be a political punching bag. Shocking. Meanwhile my rent just went up again. Cheers mate.
cope. 'Provide housing' by outbidding families. Righto.
yeah nah get stuffed. 'Ordinary New Zealanders' my arse. Nothing ordinary about hoarding houses while families sleep in cars.
so if property investors are 'ordinary', why can't ordinary first home buyers get a look in? the math don't add up mate.
Honestly Andrew is a good bloke, comes on my podcast all the time. He's just saying what a lot of people are thinking. Not all investors are sharks.
podcast plug. Doesn't change the fact he's profiting off a broken system.
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I dunno tbh, my mate bought his first house last year with Opes, seemed legit. But yeah the market still feels cooked.
That's the point though, innit. System is broken. Doesn't make him evil for playing it.
ffs another bloody investor telling us how it is. Meanwhile I'm working 60 hour weeks and still can't save a deposit. Unreal.
yeah but he's not trying to fix it, is he? just says 'all good lads' while buying another one.
Faith in the housing market? More like faith in exploiting a system that rewards the rich. Wake up NZ.
fair enough, but at least he's out there being honest. most investors just hide.
Andrew Nicol is a legend! Told it like it is. Investors provide rental housing, who's gonna build if not them? Labour govt? Get real!
honesty doesn't pay my mortgage bro
As someone who works in construction, I see both sides. But until we build more, investors will always have the upper hand. Simple supply and demand.
get stuffed, you sound jealous. go work harder
