The Cost of Renting Versus Owning

In 2012, the media focused on the comments of an economist, Shamubeel Eaqub, who is well documented for being anti-property. Bear in mind the media likes to present two sides to a story – the counter point in the property debate so – Mr Eaqub fits the ticket for anything related to property bashing. Of note was this economist’s claim that owning property as a family home in New Zealand does not make sense, that you are better to rent houses and invest your home equity in the stock exchange.

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