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Type: Posts; User: speights boy
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That's the aim; knock out the competition one by one.
But not for long...it's self perpetuating.
As more and more of these "overpriced" sales happen; they become the market on which other...
Did you speak with the buyer ?
Perhaps making a profit from this deal was not their prime motivation.
A few months ago it was "the increase in AKL house prices is not acceptable; our policies will fix that"
Nick Smith: House prices not my fault
Out of ideas, and rapidly...
This Govt is out of ideas.
Not that they had many real ones in this area to begin with.
They will announce a 'significant' (in their opinion) policy to tackle the demand side...
There is also the argument that high immigration actually hurts our growth.
Excessive immigration without the roads, tunnels, bridges, schools, hospitals, housing in place means we have to build...
What a surprise......NOT
And then donate to the tenants so they can sue the Landlord.
National and Labour reps on Paul Henry this morning.
They were asked about this.
Both said nice things about Winston and NZF.
Obviously have been told by the strategists to stay in Winston's...
Christian sex education program at Fairhills High School tells schoolgirls that too much sex will break their 'chemical bond'
So, make it OPT IN then; not OPT OUT.
^ Are you saying we should welcome the proceeds of corruption into this country then ?
Or should we do everything we can to try to stop NZ being used to launder such funds ?
It was from a bank economist and reported in the media.
Those two facts put together are irrefutable proof that it is 100% accurate and will happen.
That is the way it always works here.
From an impeccable source.
^ Some of our smart cookies are onto just that.
Rocket Lab picks launch pad site
Some accommodation providers are obviously excited about a major cost coming down so they can pass on the savings to their tenants...:icon_mrgreen:
That is the 3rd time it has been posted on this thread today.
When the payout to farmers was high there were many who farmed for cashflow.
They used this boom period to reduce debt.
They will be very pleased they did.
They were others who farmed for future...
Why shouldn't the price stay high ?
If sales drop significantly then we will see a price drop....but until then, market forces.
AKL homeloan affordability in Oct 14 was 58% of household take home pay needed to pay mortgage.
May 15 the figure was 65% needed.
Affordability has dropped.(significantly)
Interest rates may have dropped, but the amount which needs to be borrowed has increased to a greater extent.
The interest bill has actually increased; meaning affordability has decreased.
OCR will drop more than once this year.
Macro-pru measures for Auckland investment properties will be implemented this year, and possibly increased in the 1st quarter next year.
Greeks flee financial crisis, head for Australia
This has been so obvious to most pundits.
No housing crisis in Auckland: John Key | Stuff.co.nz
Auckland property values skyrocket, modest value rises elsewhere
What effect on the economy.
Simply a transfer of wealth from the over indebted to those who do not need to have such high debt levels.
Happens every week.
Plenty of investors who don't need...