The Updated Economics of New Builds vs Existing + Predictions For How The Balance Will Continue To Change⎜Ep. 639
In this episode, we detail how the economics of the battle between New Builds and existing properties has continued to change over the last 6 months.
LVR restrictions have been introduced, interest deductibility changes have come in, ANZ has announced new servicing criteria, and ASB has introduced lower interest rates for new builds. We also detail the impact of Healthy Homes and why tenancy regulation will disproportionately impact owners of existing properties.
Though all is not lost for those seeking to implement a BRRRR strategy. Targeted renovations can still produce both cashflow and capital gains. If you'd like help with this, then you can always review your portfolio with Ilse Wolfe to come up with ideas for how to cashflow hack your properties.
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