Interest.co.nz·4 min read·hard
For most households, New Zealand never had a wealth playbook. It had just one play

✦AI Summary
This article analyzes how New Zealand households historically relied on property investment as their primary wealth-building strategy. It argues that changing economic conditions, such as interest rate shifts, have rendered this traditional 'playbook' obsolete.
For most households, New Zealand never really had a wealth-building playbook. It had one play, run on repeat for two generations: borrow the maximum against residential property, service the loan, and wait.
economybusiness
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