Buy house, don't rent, young told
Young people should be investing in property rather than paying rent, Hanover Group chief executive Kerry Finnigan said in Invercargill yesterday.
Wednesday, November 5th 2003, 12:49AM
by The Landlord
It made sense for a young person to put what funds they had into an asset rather than paying someone else to live in their property.
Funds investments usually came later in life, Mr Finnigan said.
"The life-cycle means after a student loan comes a mortgage and then kids.
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