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Culture & Industry2h 16m ago

Nichole Lewis, a property investor, recounted her financial journey, which included facing significant debt and hardship during the 2008 global financial crisis, leading her to sell bags of horse manure after losing her property portfolio.

New Zealand, South Africa, UK, Australia

Who
Nichole Lewis, property investor and CEO of The Property Lifestyle
What
Nichole Lewis, a property investor, recounted her financial journey, which included facing significant debt and hardship during the 2008 global financial crisis, leading her to sell bags of horse manure after losing her property portfolio.
When
Fri, 12 Jun 2026 21:50:56 GMT · 2h 16m ago
Where
New Zealand, South Africa, UK, Australia ·
Why
Lewis's past financial troubles stemmed from accumulating 'bad debt' through negatively geared properties and an extravagant lifestyle leading up to the 2008 global financial crisis.
The Frontline Impact

How this affects you

Lewis's story highlights the risks inherent in highly leveraged property investments, particularly negatively geared properties, and serves as a cautionary tale for those seeking to build wealth without proper financial planning.

Story chain

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