Auckland landlord Gary Lin, with 14 residential properties worth about $10 million, had planned to hold places longer and use expected valuation rises to offset capital gains tax. “I’ve already got a strategy because we can’t control what the Government does,” said Lin of what he expects to be a punitive regime for landlords and […]
Author Archives: verum
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“The best game in life is life itself,” landlord Gary Lin says Chinese migrant, Auckland landlord and ex-video game addict Gary Lin started out with a $200,000 wedding gift from his father in late 2009. Eight years later, he turned that into an $10 million fortune, having bought 14 Auckland properties. But he had to […]
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This story from the NZ Herald archive originally appeared in January 2016. Gary Lin says he started buying houses only so he could play World of Warcraft on his computer all day every day. Now he’s a multimillionaire who owns 11 rental properties in the soaring Auckland market. The 32-year-old – originally from Guangzhou in China but […]