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Yep, I can understand that.
Segways back nicely to the opening article.

Lotsa confidence in Aussie for many years that the China boom would last for decades.
Now, folks are shorting the AUD and...

1. I like private sales, espc if you - the buyer - are convinced you are benefiting from the savings with no agent involved.
2. Knowing the property is a lot easier to come in a bit low with ...

Do you know - with any surety - why they are selling?
Agent or private ?

Smart companies exporting smart products.
There are numerous ones out there.
This one :
Doing particularly well, even through this USD/NZD period.
(Disc: Hold FPH)

If your recovery bet is...

A major differnce now is the lack of NZ mezzanine finance available due to the Finance Company collapse.
That is one reason offshore money is gaining in prominence.

Rents, rates, home maintainence, new build costs. These were the main housing factors in CPI I thought.
Not sure what effect existing house prices has on CPI....if any ??


Consumer spending in...

It is good some people have such aspirations.
It means the really nice places can stay under the radar, and so less crowded.

Nope.
The offshore investor is still getting twice the yield as they can back home.

Expats returning to NZ.
Less emigration,
More immigration,
No restrictions on foreign buyers,
Choked supply,
Choked roads,
Banking concerns,
Low interest rates.

Election issue anyone?

Significantly this is a LVR statement from the RBNZ.
Steadying the influence of higher risk loans on our banks is their priority.

Perhaps something was said by LL - and overheard by others - in the work environment.

Correct Daz.
I was being facetious.

Borrowers not honouring their debt obligations.

^ They didn't win many friends during the Finance company meltdown.

Looks like a matter of when, not if.

RBNZ chooses 'speed limits' and 'tiered limits' to contain banks' high LVR loans rather than outright caps on high LVR lending

...

Smart man that Mr Laws.
I do hope he uses his parliamentary vote wisely on the proposed legislation.

Mr Spock, (Star Trek II: The Wrath of Khan) if he chose to feel human emotion, would be in agreement and therefore content

Any young children in those properties lawt, and in which city?

Yes, that would appear to be the approach from the proponents of this bill.

Foreign investment in New Zealand houses could become an election issue, with the Greens re-iterating interest in applying some sort of curbs...

Numerous structures have stricter regulations imposed as soon as it involves a business transaction.

EG: Restaurant kitchen versus private home;
Ferry versus private boat;
Fire...

Perhaps not.

NZ dollar hits 8 month low

www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10884791

Auckland housing intensification 'haphazard'


www.stuff.co.nz/national/politics/8691545/Auckland-housing-intensification-haphazard

Old Yiddish proverb.
Der mentsh trakht un Got lakht.
Man makes plans, and God laughs.

Huh ?.....