this post was submitted on 23 Apr 2024
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Te Wai Pounamu / South Island
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Yeah, though I think typically leasehold is on long terms (like 100 years). If you build a house at the start of that 100 years you get your money's worth. But if the 100 years is ending in 5 or 10 years, you'd be pretty careful about what you spent on the place.