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Experts say, ”Now, New Zealand is in the midst of some of the largest drops and slowdowns since the aftermath of the global financial crisis.” How could it affect you even if you’re not a citizen?
In this video, Andrew shares news about New Zealand house prices crash in 2022 and what you can do to protect your wealth.
00:00 Start
0:16 New Zealand News
3:37 Living in New Zealand
4:16 4:17 Real Estate in New Zealand
5:49 Will the Housing Market Crash?
7:52 Are We Headed for a Housing Market Downturn?
9:06 Stable Housing Markets
Andrew is reading this article:
Andrew Henderson and the Nomad Capitalist team are the world’s most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to “go where they’re treated best”.
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Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.
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DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
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This guy is not an expert.
Socialism under Jacinda is failing, We are worst off under this government the second time, although they done some good things however they have over borrowed and over spent than any other NZ government. recoup cost benefits their plan is to add more TAX. You're right about capitalism under this government, what really annoyed some NZers is she said we were not in a crisis.
current asking price 200K over Government Valuation. This is crazy. Bring on the crash!
I’m a Kiwi and to put it bluntly, our housing market is a bloody mess. Government intervention in the market has prevented the market from clearing properly, so there is a huge amount of dead weight loss and it is preventing a balance of supply with demand. This has driven prices into the stratosphere. A major correction is long overdue.
I think you can be a capitalist and be intellectually consistent while objecting to foreign investment from countries that are raging communists. If someone from the PRC made money from sweatshops; that poison the earth while producing inferior goods that are dangerous to consumers — we don't need their money. Not all money is green, some is stained red.
I will forever be greatful to you Ms Halona Robinson 😇 you've changed my life, I'll continue to preach about your name for the world to hear,* *you've saved me from a huge financial debt with just little investment, Thanks Ms Halona robb 🇺🇸🇺🇸
Selling a house in NZ right now, very tempted to spend some on a 100,000 house in Georgia heheee here's hoping!
You get what you vote for. Aust and NZ deserve this.
5% drop where I live in Northland, 80% to go 😂
Nz prices are super expensive.. Need to drop by 50% and nz economy is going down
Uh, we could have elevated other countries without destroying our own.
Jessica arden screwed them hard.
Yeah but she is a good mom right.
About time – let's retrace the crazy increases and get back to normality
Couldn’t agree more about diversification. Most of us (apart from your 7 and 8 figure clients of course) can’t afford to buy multiple properties, but we can still be diversified through international REIT’s and ETF’s (emerging markets, targeting countries other than your own).
Samething happening in Canada. It's all controlled by central bank coordination.
When you say you help "7 and 8 figure entrepreneurs" is that asset value or yearly income? Asking for a friend. 😉
Their president destroyed that country.
I'm done sitting tight for the award advance since I acquire$23,000 every 12 days of my investment.
That and a lot of Kiwis are Leaving due to the woke society. I know many of them (all wealthy individuals) that have relocated to Asia
What goes up must come down
Just pandemic guys, nothing else. Canada, Australia, Newzealand, and UK. All pandemic theatre countries that had to print money to inflate stocks and real estate. US and China is already done irrespective of trillions printed and cities lockdown to stop people and money movement.
It doesn't hurt that much for most people that own property in New Zealand as prices hear have increased 100 to 200 percent in the last 10 years. So most people can handle a 20 percent drop, not that I think it will be that bad. What hurts the most in New Zealand now is the high entry price to the market. Very difficult to get your foot in the door and get your first home. A wise man once said true wealth starts with owning your own home. Thanks for the video boss.