Originally posted by Gary Lin
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The tide has turned - a little window is opening.
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The property market is just not rational at the moment .I am seeing first hand, attending auctions recently what seems a disconnect to something perceived as value which mostly in reality is just a veneer waiting to pop its inglorious muck on those mad buyers. Then the banks will shortcircuit as will the people stumbling & falling unable to pay the huge leverages they signed up for to buy diddly squat.
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I am noticing a real surge in listings in the two area's that I monitor.
Which is basically North Shore and South Auckland.
Greater choice and less buyers, should churn out a few good deals for me over the next few months.
Good also to get in while only a small number of people have got to grips with the Unitary Plan.
While this may actually bring out a plateau in auckland prices, I do think that will be short lived, and a great chance to get in, if you see a good deal of course.
You still want to be buying property with upside potential that you can realise, in addition to picking the market of course.
Good time to buy now I think.
But certainly would not be buying at peak of boom / bubble territory in 3 to 4 years time.
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Originally posted by speights boy View PostDo you have the same 3 to 4 year prediction irrespective on whom is in Government next year?
If they get in, their capital gains tax will cause the same thing, no one will want to sell as they will incur tax, and supply will be stilted, leading to massive increase in property prices.
A larger boom and bigger bust.
As an aside Property investors already have a capital tax burden that non-investors dont have have, and that is exorbitant rates that pay for NZ's infrustructure.
While I am not keen on NZ being made the laughing stock of the west with Cunliff running the country (the man who has never had a firm grip on reality, never the twain shall meet between what goes through his mind and the real world), it looks quite possible with no mates nat's facing an uphill battle.
Imagine Cunliffe and Norman running NZ.
Thats worse than America's cup defeat.
LOL, Cunliff and Norman and no America's Cup.
Ye Gods !!!!!!!!!!!!!!
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Originally posted by Bluekiwi View PostLast time labour were in we had the biggest bubble in property, for many decades.
If they get in, their capital gains tax will cause the same thing, no one will want to sell as they will incur tax, and supply will be stilted, leading to massive increase in property prices.
A larger boom and bigger bust.
As an aside Property investors already have a capital tax burden that non-investors dont have have, and that is exorbitant rates that pay for NZ's infrustructure.
While I am not keen on NZ being made the laughing stock of the west with Cunliff running the country (the man who has never had a firm grip on reality, never the twain shall meet between what goes through his mind and the real world), it looks quite possible with no mates nat's facing an uphill battle.
Imagine Cunliffe and Norman running NZ.
Thats worse than America's cup defeat.
LOL, Cunliff and Norman and no America's Cup.
Ye Gods !!!!!!!!!!!!!!Last edited by mrsaneperson; 25-09-2013, 06:17 PM.
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Originally posted by Leftette View PostHe's also a homophobe. Did Craig say or not say that he could be gay if he wanted to, because it's, like, you know, totally a choice and everything.
The link you've posted above proves what i said about propaganda .The writer Tony Manhire absolutely loathes Colin Craig you can detect it from almost every sentence in that article. He even starts his article with "When this "Colin Craig" exploded"...Thanks for further illuminating the propaganist media, even though you have fallen victim to it .
He is a genuine guy who very much cares about this country & the imbecilic direction the present powers that be are taking us.Last edited by mrsaneperson; 25-09-2013, 06:48 PM.
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