With Fletchers in trouble, there’s a big hole in the New Zealand construction industry.
But Colliers has a suggestion: multi-family investment and development. The legal paperwork required would be significant, but pooling resources has always been a fantastic way to get into the game. It’s also something that could help first-home buyers get onto the property ladder: three families go in together to buy a three-bedroom flat. Could your family work with another family (or two) to help boost the wealth of all the clans involved? It might just be worth the effort.