Chinese Kiwi investors tell their stories
Swarms of Chinese are invading New Zealand’s auction rooms, outbidding first-home buyers and hightailing it back to China – according to the hype surrounding the property market.
Monday, September 7th 2015, 8:31PM
by The Landlord
Following the Labour Party’s July release of controversial data which claimed that people of Chinese descent were responsible for 39.5% of Auckland property transactions between February and April this year, this perception has become even more entrenched.
However, many experts considered that data to be unreliable.
So what is the reality?
For the September issue, NZ Property Investor magazine went hunting for some Chinese Kiwi investors to find out the truth.
NZ Property Investor acting editor Margie Macalister worked on the article.
She said the way in which Chinese are prepared to work in order to get ahead, or help their family get ahead, is extraordinary.
“No doubt coming from a developing nation where there is real hardship contributes to their work ethic.
“The friendliness and commitment to helping others were universal attributes of all those interviewed for this magazine.”
To find out more about Chinese investors in New Zealand, click here to get the digital issue of NZ Property Investor magazine.
Subscribe to NZ Property Investor magazine here to get great stories like this delivered to your mailbox every month.
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