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Old 23-09-2006, 12:44 PM
quentin quentin is offline
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Join Date: Aug 2006
Posts: 15
Default Was it easier to invest then or now?

Hey all,
I have looked at house prices around different parts of NZ and in cities It's hard to find houses that are as cheap as the ones Steve first purchased $45,000. They are all round 200,000 mark and for that to be a positive cash flow the rents would be huge? Too high for the area anyway.

I can see how the wraps would work well but the buy and hold technique I?m not so sure.
Thanks
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