Ever since New Zealand was hit by the world recession not one property expert has paved the way forward, instead they constantly refer to the past for explanation as to what will come.
Although not new to the Commercial sector it is ground breaking news in the Residential Market. Very much like car pooling, several people share the same vehicle to reach a common destination Residential Property Syndication (RPS) will do the same for Property Investors.
Should we or shouldn’t we? I guess for those that haven’t invested in property the answer would be yes, tax the hell out of them they can afford it, and on the other side of the page you have investors saying no, we are already over taxed.