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More people coming here to escape the woes of the world.
What I would like to know is whther they are returning kiwis or otherwise.
And where are they buying. I am guessing here, mostly in central Ak as they have lots of cash. For those that don't , are they buying elsewhere or renting
America's great money tap is about to be turned off, and the dollar squeeze is about to begin. Australia should be all right, but I'm not too sure about some other counties, writes Alan Kohler.
Yep, so the US are stopping printing money, Japan are cranking up, Britain I don't know, and who knows what China is really doing - they can't be relied on to tell the world the truth.
So what to make of all this? Like what will be the effect on NZ property values?
Yep, so the US are stopping printing money, Japan are cranking up, Britain I don't know, and who knows what China is really doing - they can't be relied on to tell the world the truth.
So what to make of all this? Like what will be the effect on NZ property values?
Riddle me that anyone?
Riddle out all the things that affect both the supply and demand for property.
Constantly monitor where the market is at.
Or else just read Tony Alexander's report each week.
I note from 2003 to now.
Tony has been close to 100% right.
Westpac generally completely wrong (ie. 2003 they said prices were going to decline and I foolishly believed them).
ASB is generally bad, that Jane whats her name, if she is still with them, is usually wrong.
ANZ resonably good, but old Cameron's reports are very hard to read, and most of it is gibberish :0
By choice I guess.
I knew the NZ housing market wasn't going to crash in 2007+ yet a lot of investors have made much more than I.
Some investor even thought there would be a property crash - and have still made small fortunes in recent times.
It just shows that having knowledge doesn't lead to wealth - it's the taking action bit that counts.
By choice I guess.
I knew the NZ housing market wasn't going to crash in 2007+ yet a lot of investors have made much more than I.
Some investor even thought there would be a property crash - and have still made small fortunes in recent times.
It just shows that having knowledge doesn't lead to wealth - it's the taking action bit that counts.
I saw this comign too Bob, so sold up. Had money in the bank, waiting for the bargains. You know what happened? Commercial property prices went up. And so I lost out, big time.
So being able to predict something isn't enough either. You have to know the effect of this something that you have forecasted as well.
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