Speaking of the new crown epidemic, countless cities have entered a state of lockdown, countless countries have closed their doors, and the process of globalization has declined, which has directly affected everyone's normal lives and the global economy.
New Zealand of course has also been affected by the epidemic, and this impact is still very serious now, because of the serious shortage of labor, all walks of life in New Zealand cannot recover.
However, the epidemic has also brought another impact on New Zealand, and New Zealanders have become the fastest growing population in the world!
The thirteenth issue of the Credit Suisse Global Wealth Report shows that under the leadership of North America and China, wealth in all regions around the world continues to grow. global total wealth grew by 9.8% annually, with each adult reaching $87,489. Putting aside exchange rate changes, the total global wealth increased by 12.7% in 2021, the fastest annual growth rate ever.
Economists say New Zealand's global jump is attributed to the "rise of the landlord class".
Global Wealth Report shows that The average annual wealth growth rate of each adult in New Zealand ranks first in the world in 2022.
Investment Bank Credit Suisse’s global wealth report shows that in the past year, New Zealand has just experienced the largest soar in history, with the average wealth of each adult expanding by US$114,000 (NY$193,200) in 2020, and New Zealand’s average wealth of adults reached US$472,100 in 2021, ranking fifth in the world. But the median wealth of New Zealand adults ranks third in the world with US$231,200! This proves that not only is New Zealand very wealthy, but its wealth inequality is much lower than other developed countries.
report shows that as of 2021, there were more than US$1 million in wealth in New Zealand under the names of 347,000 people nationwide. About 2.1 million New Zealanders - (New Zealand's total population is slightly higher than 5 million) - rank in the top 10% of global wealth holders. About 281,000 of them are in the top 1%.
The reason for getting rich is exposed: Real estate and stocks are the main force
New Zealand famous economist Shamubeel Eaqub said that of the $114,000 increase pointed out by the report, 60% was achieved through housing value-added, and the other 40% was due to the good performance of the global financial market.
He said: "The growth in housing prices in New Zealand is extraordinary," he said. "But since only about half of New Zealand adults own their own housing, the increasing distribution of wealth is very unfair." Eaqub calls it "The rise of the landlord class, wealth and housing opportunities become more hereditary."
For years, New Zealand has been plagued by the out-of-control housing market. Wellington and Auckland The real estate market in the two cities is the most affordable in the world, with housing ownership rates in all ages declining since the early 1990s, but this is especially true for people in their 20s and 30s. In the first two years of the pandemic, housing Value soared, while wages remained stagnant. By August 2021, house prices rose 25% in the first 12 months - and on an already very high price basis.
Eaqub added that it is not surprising that housing wealth thrives during the pandemic as about two-thirds of New Zealanders hold homes, but at the same time, the widening gap between New Zealand renters and homeowners and between the rich and the poor cannot be ignored, adding that while the market is slowing now, "it does not mean that these inequalities do not exist." "
Credit Suisse report shows that the global "ultra-high net worth" (UHNW) population -- with assets of more than $50 million -- rose 46,000 last year to hit a record 218,200 by 2021 as the super-rich benefited from soaring house prices and boom in the stock market.
" Strong growth in financial assets led to an increase in inequality in 2021," the bank's report said. "The rise in inequality could be due to a surge in the value of financial assets during the Covid-19 pandemic."
Wealth growth is second only to New Zealand, the United States, Australia, Canada and Taiwan. The biggest losses are Japan, Italy and Belgium .
Although the COVID-19 pandemic has brought a lot of hardships to the world, it has also made some New Zealanders' personal wealth take off. However, with the continuous hikes of by global central banks, the New Zealand real estate market is now cold and the economy is sluggish, which will inevitably affect New Zealand's per capita wealth and even the pension for investment.
Another problem for new immigrants who have just logged into New Zealand is the government's overseas purchase restrictions. New immigrant families who have not obtained New Zealand green card cannot buy real estate like locals, but can only choose real estate projects that have obtained overseas licenses from the New Zealand government.
is suitable for overseas buyers to buy, the new building of Auckland's core prime location
As we all know, Auckland's landmark Sky Tower is the highest single building in the southern hemisphere. And Auckland's commercial center Queen Street is also known as one of the most prosperous commercial streets in the southern hemisphere. Unlike the blue sky, white clouds and green grasslands in other parts of New Zealand, Auckland CBD Golden Mile, as a national commercial and financial center, is surrounded by tall buildings.
is combined with the urban subway under construction and the perfect supporting facilities that have been accumulated for many years. It not only has the most luxurious hotels and shopping centers, the most delicious global catering options, the most in-depth internet celebrity fashion stores, but also has the best educational resources of New Zealand's prestigious schools that new immigrants value, and the most concentrated employment opportunities for famous enterprises.
And the rent here is naturally the ceiling of New Zealand, even Airbnbhtm The cheap apartment on l2 is also quoted at over 200 NZD per night.
Daisy brings you this time the latest project that has just been completed by a veteran New Zealand developer. is now launching the last few apartments for limited-time special offer!
In terms of room type, there are two bedrooms facing the sky tower and one quiet room facing the park. A few housing units also have parking spaces, but the quantity is very limited, first come, first served! The biggest advantage of the
project is the location of gold and the price that is particularly close to the market!
Friends who want to know more are welcome to follow the WeChat account honeydaisynz for free consultation!
is located on Queen Street, a street in New Zealand NO.1. It is backed by Auckland's Urban Green Lung Mayor Park, major schools and supermarkets. Going downstairs to cross the road is a bus transfer hub and a subway station under construction. It is an excellent choice for both self-occupied and rental investment.
The quality and reputation of a big-name developer, as well as the butler-style property management unique to the project and the landscape swimming pool and gym supporting facilities that are not inferior to five-star hotels. Now, due to special reasons, the last few special-priced room types are launched, and good housing prices are not waiting for anyone!
Considering the arrival of the migrant population attracted by the border opening after the epidemic stabilizes, and the arrival of 160,000 new immigrants who received one-time immigration amnesty, New Zealand's housing supply is still tight.
After all, you can only be at ease when you live in peace; owning your own house is to truly settle in New Zealand.
In 2021, Daisy successfully sold more than 30 sets of lucky homes with the support of her customers! Valued at over $36 million! In addition, in 2020, Daisy helped buyers and sellers sell more than 70 properties worth more than NZD 75 million in the two years of the epidemic, which is equivalent to sales exceeding 3 small targets of RMB.
Daisy has rich experience in helping local and overseas buyers buy houses in New Zealand. If you want to know about real estate investment in New Zealand, you can add WeChat ID: honeydaisynz Free to learn about it. Buyers are free of charge for buying a house in New Zealand!
