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

The Property Academy Podcast - A podcast by Opes Partners

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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. 

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