An increasing number of the middle class in developed countries see property and houses in particular, as a way to becoming rich, a way to make hundreds of thousands of dollars profit, tax free – you don’t need a university education, just a degree in common sense. We all know or have heard of someone who’s made a fortune selling houses. It is tantalizingly within reach of many of us and therein lies the problem – most of us buy a house thinking it’s a simple matter to turn that investment into a profit. Most of us fall into the House Trap. http://www.topshelfproductions.co.nz/Shows/house-trap/
With buying a house in New Zealand increasingly out of range this episode shows what can be bought overseas.
Documentary Series on the New Zealand housing market