INTERVIEW: Property investor, author and consultant Olly Newland returns to interest.co.nz for an interview with financial journalist Bernard Hickey. He points to increasing confidence in the property market … and encourages investors with the ‘news’ that it’s possible to make money in a flat market, and discusses his own preference for retail properties…

Recorded 20 December 2010.

What are your thoughts on buying apartments in Auckland City right now? There is clearly some very keen pricing going on, even on freehold property. Many thanks, Liz

Dear Liz
Apartments were over priced a few years ago and now under priced but you have to buy the right ones. North facing, not leaky at least one bedroom
with a car park and over 50M2. Capital gain may be way off but the rents can be very good.
Cheers
Olly