71: Owning a Bach vs Yearly Holidays

It's No Secret

In today's podcast episode, we’ll be chatting about whether or not the Kiwi dream of owning a bach is all that is cracked up to be.
Many Kiwis often dream about having a bach to use as an escape during their extended breaks. But what if we told you that you may be better off putting that money towards boujee yearly holidays instead?
In this podcast episode, we chat about:

• The pros and cons of a bach
• The average price of a bach across different holiday destinations and how much you could be paying
• Why renting out your bach or relying on capital gains may not give you the outcome you want
• How premium your holiday could be if that money is instead put towards yearly holidays

References:

• Infometrics Housing Price Data
• Lighthouse Financial Case Study

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Disclaimer:
Investing involves risk including the possible loss of principal and there is no assurance that the investment will provide positive performance over any period of time.

The information provided should not be relied upon as investment advice or recommendations and should not be considered specific legal, investment or tax advice.

Any information we provide is general only and current at the time of writing.