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Frances Cook

πŸ‘€ Speaker
4820 total appearances
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Making Cents
Are Shoebox Apartments About To Take Over NZ?

I mean, for starters, do we know much about how apartments go in general compared to other properties and also how the size of that apartment impacts things?

Making Cents
Are Shoebox Apartments About To Take Over NZ?

So they might be like investment properties that get rented out?

Making Cents
Are Shoebox Apartments About To Take Over NZ?

That's a really interesting perspective on it.

Making Cents
Are Shoebox Apartments About To Take Over NZ?

And I think as well, when they mentioned about the banks, I think that's a really important point to run to because we have seen banks get twitchy before about certain types of apartments.

Making Cents
Are Shoebox Apartments About To Take Over NZ?

So if we get rid of things like minimum size on apartments, does that then make it harder for people to do things like get bank lending?

Making Cents
Are Shoebox Apartments About To Take Over NZ?

If you're looking for property, start with realestate.co.nz, New Zealand's longest standing property site.

Making Cents
Are Shoebox Apartments About To Take Over NZ?

They've been dedicated exclusively to property since 1996.

Making Cents
Are Shoebox Apartments About To Take Over NZ?

That's even before Google.

Making Cents
Are Shoebox Apartments About To Take Over NZ?

Whether you're buying or renting, no other property site gives you as much information.

Making Cents
Are Shoebox Apartments About To Take Over NZ?

The Market Insights feature lets you view the median asking, sale and rental prices in a suburb for over 1, 3 or even 10 years.

Making Cents
Are Shoebox Apartments About To Take Over NZ?

Want to know what a property is worth?

Making Cents
Are Shoebox Apartments About To Take Over NZ?

The estimated sale price range uses the latest sales figures from the real estate industry.

Making Cents
Are Shoebox Apartments About To Take Over NZ?

Scroll to the bottom of a property listing to discover what it sold for in the past, the council valuation,

Making Cents
Are Shoebox Apartments About To Take Over NZ?

and what you can expect to pay for it even before you view it.

Making Cents
Are Shoebox Apartments About To Take Over NZ?

Become the property expert.

Making Cents
Are Shoebox Apartments About To Take Over NZ?

Download the realestate.co.nz app and make informed decisions fast.

Making Cents
Are Shoebox Apartments About To Take Over NZ?

Yeah, and that's a really good point because as you say, when you come to Offload, if that pool of potential buyers to come in from you is so much smaller because it's people who either have a high enough income that the bank is like, sure, do whatever you like.

Making Cents
Are Shoebox Apartments About To Take Over NZ?

We just want to keep you as a customer.

Making Cents
Are Shoebox Apartments About To Take Over NZ?

Or it's people who can buy it outright.

Making Cents
Are Shoebox Apartments About To Take Over NZ?

You know, that's,