In this episode, we discuss 5 reasons why it is a good idea to invest in the main centres when beginning your journey into property investment in NZ. These are:
- The economy and job market is more diversified in the larger centres
- The main centres tend to have higher population growth, even as a percentage. This helps to sustain housing demand, which pushes prices up.
- There is a larger pool of potential tenants, so you're less at risk of vacancy
- There is more infrastructure being built, which opens up opportunities for capital growth
- Because of these other reason the major centres tend to be more stable and predictable than the other centres
