
When a Property Flip Goes Wrong: The Cost of Failing to Settle
Property speculation, particularly short-term “flipping”, became increasingly common during the rapid rise in property values seen in New Zealand between 2020 and late 2021. However, the sharp market correction that followed through 2022 and 2023 exposed the risks of this strategy. The High Court case of Smallridge v Singh [2025] NZHC 242 provides a clear






