Originally posted by Gary Lin
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Originally posted by Gary Lin View PostIf the banks (who spend millions per year on interest rate assurers) are willing to give out lower and lower long term rates.
Be sure long term rates will drop.
Banks don't lose money. (When they do, tax payers bail them out)
Craig
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Sure if the rules are be as irresponsible as you like, ignore all economic rules/principles and when it ll goes to custard renege ones belief in the free market and going crying to the gov't asking for a socialist style bail out when it all goes horribly wrong. The game is broken.
The banks have a lot to answer for but as of yet are yet to be held accountable.
Craig
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Originally posted by Damap View PostUnless you're in Ireland or Japan, then you might end up the biggest loser
But different locations (where jobs are) are presented by the different tables or a different version of the game (poker vs texas holdem).
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Went to a Corelogic seminar today. The facts and figures are pretty emphatic in that Auckland grew 18% odd in last 12 months and next 12 expected to be 12 to 15%. Interestingly the main focus of Investors is central City Apartments. Only for the brave I say!www.ilender.co.nz
Financial Paramedics
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Originally posted by Damap View PostThat would be largely foreigners surely who like apartments having grown up in them?
Vast majority locals.
Apartment sales booming with Chinese buyers out in force
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Originally posted by Damap View PostThat would be largely foreigners surely who like apartments having grown up in them?www.ilender.co.nz
Financial Paramedics
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