Hi All
Read the news about Fonterra's payout, I think the 1970s is back. Everyone agreed that the 1970s property boom was backed up by dairy boom. So here is my forcast for next five years:
2008(1970), prperty price increase 10%(from Sep. to Dec.), It came on the back of dairy export return.
2009(1971), Property is roaring about 15%-18% backed by economy booming through dairy export;
2010(1972), Property price increase another 20% or more based on more export to new economies;
2011(1973), Property market will be cooling after "Captical Gain Tax" or samilar thing introduced by govt.
Check out the data of dairy export(prices) and residential property prices, I am sure you will kind of agree with my forcast.
Read the news about Fonterra's payout, I think the 1970s is back. Everyone agreed that the 1970s property boom was backed up by dairy boom. So here is my forcast for next five years:
2008(1970), prperty price increase 10%(from Sep. to Dec.), It came on the back of dairy export return.
2009(1971), Property is roaring about 15%-18% backed by economy booming through dairy export;
2010(1972), Property price increase another 20% or more based on more export to new economies;
2011(1973), Property market will be cooling after "Captical Gain Tax" or samilar thing introduced by govt.
Check out the data of dairy export(prices) and residential property prices, I am sure you will kind of agree with my forcast.
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