Kiwis are passionate about property and home ownership. The property landscape can be a complicated one though so here’s a recap of some recent updates.
Buying a house with family or friends can be a great way of getting yourself on to the property ladder. Co-ownership or shared ownership is becoming increasingly common and can give each person a distinct share in the property that you couldn’t otherwise afford on your own. Choose the person/people wisely though and it’s critical that you get a property sharing agreement drawn up.
Many Kiwis rent out their holiday house, a room, or even their existing home for short stay holiday accommodation through the likes of Airbnb and Bookabach. If you’re one of them, then you need to know about changes coming.
