Coronavirus – Should You Not Buy Property Because of It? | Ep. 172

In this episode, we discuss whether you should not buy property, or put off that decision because of Coronavirus. In general, the answer is no. While the media has made a big deal of the potential impacts the likelihood of a widespread outbreak is still low-to-medium in New Zealand.

On top of that, we expect a decrease in the OCR, which should stimulate spending and help property buyers and homeowners. 

We also mentioned our property investor quiz, where you can find out in just 7 questions whether you are in a position to become a first time property investor.