Why investing in commercial property is both easier and harder than ever before
Each week BusinessDesk and the NZ Herald’s Cooking the Books podcast tackles a different money problem. Today, it’s how the push to work from home changed the commercial property game. Hosted by Frances Cook. When you think about investing into property you probably think about buying a house, renting it to someone, and acting as a landlord. But an area that’s often overlooked is commercial property, such as shops, or office buildings. They’re more expensive, but become achievable for the everyday investor when they’re part of something like a fund. Just like investing in shares, you pool your money with other investors, and then get a slice of the profits. But with the work from home revolution, insurance costs going up, and interest rates still high, is commercial property still the cash cow it once was? For the latest podcast I talked to Scott McKenzie, CEO of PMG Funds. If you have a question about this podcast, or a question you'd like answered in the next one, come and talk to me about it. I'm on Facebook here, Instagram here, and Twitter here.See omnystudio.com/listener for privacy information.