71: Owning a Bach vs Yearly Holidays
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Description
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 bachThe average price of a bach across different holiday destinations and how much you could be payingWhy renting out your bach or relying on capital gains may not give you the outcome you wantHow premium your holiday could be if that money is instead put towards yearly holidaysReferences: Infometrics Housing Price DataLighthouse Financial Case StudyIf you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend. SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - Spotify Follow us for fun chat & financial tidbits on IG: @itsnosecretnz Got questions? Get in touch: www.itsnosecret.co.nz
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