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And if they settle in / for Auckland what
will it do to the great housing debate?
will it do to the great housing debate?
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What I would like to know is whther they are returning kiwis or otherwise.Originally posted by Bluekiwi View Post
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 rentingComment
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the easy guess would be to say that there are lots of returning kiwis
maybe double the number from 1 or 2 years ago
and that a high % of them are returning to auckland + buying
not many people going to return from working hard + saving in dubai - london - sydney - new york
to then spend the rest of their life renting in greytown - kawhia - kaitaiahave you defeated them?
your demonsComment
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The great money tap is about to be turned off
www.abc.net.au/news/2014-07-24/kohler-the-great-money-tap-is-about-to-be-turned-off/5619830?section=businessAmerica'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.Comment
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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?Squadly dinky do!Comment
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as more of the funny money floats around
looking for a home
it will settle on bricks'n'mortar
after all
they're not making it any cheaperhave you defeated them?
your demonsComment
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Riddle out all the things that affect both the supply and demand for property.Originally posted by Davo36 View Post
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 :0Comment
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Lol, yep. He's 100% right until he isn't...Originally posted by elguapo View PostSquadly dinky do!Comment
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Originally posted by elguapo View Post
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.Comment
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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.Originally posted by Bob Kane View Post
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.
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.Squadly dinky do!Comment
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those small green islands
Last edited by Perry; 31-07-2014, 06:59 PM.have you defeated them?
your demonsComment
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south american socialism
blowing the budget since bolivar
worker harder
balance the books
spend lesshave you defeated them?
your demonsComment
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Perhaps they should pay their debts off with printed money like the US, UK, China, Japan et al?Squadly dinky do!Comment
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the other day
asked a zimbabwe guy what their inflation was like
"since we ditched our own worthless paper
and started using the us$
it's been fine" he said
pride is something you can afford
once you have self-control
why do the lazy insist
pride is without cost?have you defeated them?
your demonsComment
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