News

Property investment loses appeal, except in Auckland

Tuesday 31st of July 2012

The latest ASB Investor Confidence Survey shows investors are becoming more cautious because of the looming crisis in Europe.

But while term deposits beat housing as the best investment throughout the rest of the country, the survey showed Auckland investors were still firmly in the thrall of their love affair with property.

ASB Head of Wealth Advisory Jonathan Beale said:...

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