People tend to have a narrow idea of property investing, which can lead to missed opportunities. Photo / file
Each week the NZ Herald and Newstalk ZB's Cooking the Books podcast tackles a different money problem. Today, it's why ignoring commercial property could be a missed opportunity. Hosted by Frances Cook.
Getting a foot on the property ladder is part of the Kiwi dream. Many regular people plan to
increase their wealth by first buying their own home, and then maybe a rental or two, to invest in their future.
But the residential rental market is flooded with people with exactly this same idea, and that's pushing prices out of reach for many people.
There's another part of the market that doesn't get anywhere near the same attention, and could work for some situations; commercial property.
As in, shops, offices, maybe even some warehouses.
