You're absolutely right, there is a group value associated with neighborhoods along with the individual property value ( I do quite a bit of property investments but usually invest in apartments as they have a much higher Return on Investment in New Zealand).
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Very nice of you @locikll
Smart man! Property investments are the way to go. Residual income and especially with apartments. Very lucrative investment here in the states. I have invested in quite a few things, but property has been a great investment. Took 5 years of searching & a wild stroke of luck, but totally worth the due diligence and wait! I bet there are some hot spots in New Zealand that are prime money maker properties. It's a gorgeous place, so I imagine it gets plenty of tourists. Love to see it for myself one day. It's on the bucket list.
Your gracious support is most deeply appreciated!I can't thank you enough, @locikll!