News

Investors opt for safety of bricks and mortar

Friday 23rd of January 2009
Barry Joblin of The Professionals Glenbarry Whangarei says as interest rates come down, he has noticed more people starting to put their money into property investments to get the 5% to 6% interest return, plus potential for capital gains.

“It only started in December 2008. But with the banks going down there were about eight or nine people in our office who had traditionally put their...
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