Buying guide
Should I buy a house during a recession?
Yeah, nah. Yeah.
AI summary
Buying a house during a recession can be a strategic move for financially secure Kiwis. Lower property prices and less market competition present an opportunity to secure a deal with potential for future capital gains.
However, there are significant risks to consider:
- Job security concerns
- Tenant issues for investors
- Stricter lending from cautious banks
Ultimately, the decision is personal. Assess your financial stability and mitigate risks by saving an emergency fund and consulting a mortgage broker.
What’s so scary about a recession?
Why buying a house during a recession could be a good idea
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The risk of buying a house during a recession
To buy or not to buy?
Is now the right time?
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