For many New Zealanders, real estate investing is one of their favorite activities. However, with home prices fast rising and mortgage rates rising, many New Zealanders are finding it increasingly difficult to jump on the housing ladder. A Real Estate Investment Trust (REIT) is a less prevalent alternative to direct property investing that offers some of the same basic benefits (REIT).
To acquire exposure to the larger property market, REITs may be a wonderful addition to an investing portfolio. Many individuals are confused about what REITs are, how they work, and how they produce money.
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Delayed share data provided by Google Finance.
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