InvestNow News 2nd August – Fisher Funds – Residential property faces headwinds

Fisher Funds

Mark Brighouse – Chief Investment Strategist

18 July, 2019

As temperatures drop across New Zealand we are reminded of the cool change coming for a category of investment that has been a long-time favorite of Kiwis. From 1 July residential landlords will be required to comply with new rules regarding underfloor and ceiling insulation or face penalties up to $4,000. While on its own this might sound like a minor requirement for responsible landlords, it adds to a number of headwinds that may discourage residential investment and makes us wonder whether this popular form of investment may be losing its shine.

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