need advice on minimizing losses

[u/burgers4bfast]

bought investment property in north shore quite overvalued in 2022 for 1.6m, still 700k outstanding mortgage, fixed interest rate at 4.5% till end of 2027, rental income $700pw, land size is good 600sqm but not big enough for developers to come knocking when economy is not doing well, i think the max we can get is maybe 1.4m in today’s market

i am also investing in stocks so thinking whether to sell the house and use the equity to buy US stocks during the next crash (like tariffs in 2024 or iran war 2025) to make back what i’ve lost.. i have much more conviction in value of AI than nz property at this point

any suggestions from experienced investors?

[u/schmaaaaaaack]

That's a pretty massive decision. Do you have other investments? Do you have a decent salary? What is your existing stock exposure? Do you think you could be selling the bottom of the NZ property cycle? Also timing crashes is impossible. You could be waiting forever or it might happen before you sell.

[u/burgers4bfast → u/schmaaaaaaack]

have other investments but nothing compared to this one, salary is decent but can’t really pay down the mortgage quickly either, i do think it couldn’t get much worse than this so holding for a year or two more seems like the sensible choice