How international market forces affect NZ property

[Jeffa]

U.S consumer price inflation estimates for tomorrow morning/currently 6.4%

STIFEL 5.8%
UBS 6%
WELLS FARGO 6%
CREDIT SUISSE 6%
HSBC 6%
JP MORGAN 6%
GURGAVIN CAPITAL 6%
MORGAN STANLEY 6%
SCOTIABANK 6%
NOMURA 6%
GOLDMAN SACHS 6.1%
BMO 6.1%
BANK OF AMERICA 6.1%
CIBC 6.1%
TD SECURITIES 6.1%
VISA 6.1%

Medium is 6%

Who cares you say!

If it's lower than expected, you will see 2 &3 year rates in our banks start falling, perhaps quite rapidly if the banking contingen spreads in the U.S
This means NZ house prices have bottomed and will likely start recovering this year, depending on how far interest rates fall.

[Jeffa]

Who cares you say!

If it's lower than expected, you will see 2 &3 year rates in our banks start falling, perhaps quite rapidly if the banking contingen spreads in the U.S
This means NZ house prices have bottomed and will likely start recovering this year, depending on how far interest rates fall.

If and this is a big if this happens, I would not be surprised to see house prices recover over 2023/24 Summer by 5% to %10 in our big cities, Auckland, Wellington, Chch, as wages have increased and interest rates decrease.

[Jeffa]

If and this is a big if this happens, I would not be surprised to see house prices recover over 2023/24 Summer by 5% to %10 in our big cities, Auckland, Wellington, Chch, as wages have increased and interest rates decrease.

This Makes King Jeffa confidentiality and arrogantly the first person in NZ to call when the recovery of the NZ housing market will happen, well ahead of Tony Alexander.

[chook]

My god Jeffa, is that you in the picture, your beautiful!

[Jeffa]

My god Jeffa, is that you in the picture, your beautiful!

Well thank you chooky

[Frezzinghot]

If and this is a big if this happens, I would not be surprised to see house prices recover over 2023/24 Summer by 5% to %10 in our big cities, Auckland, Wellington, Chch, as wages have increased and interest rates decrease.

If the rates drop, does that mean servicing rates also drop, borrowing is restricted atm moment due to 8.5% servicing rates.

[Jeffa]

The contagion spreads closer to home...


https://www.pallascapital.com.au/pal...ng-trust-no-1/

[Jeffa]

Similar to what I have been rambling on about the last week except my posts are more indepth, both me and Tony have big...brains

https://www.oneroof.co.nz/news/tony-...e-prices-43229

[Frezzinghot]

Kiosaki says Sweiss bank is next due to the weak bond market.

[Perry]

Trading in money seems to have its own set of peculiar rewards.

WARNING: sympathy dot cry not found.
Please re-start your device.

[Frezzinghot]

hahahaha. NZ couldn't build its way out of a paper bag! Should have given the contract to a Cheeina company, would have finished it 6 months ago.

now they are blaming the covaids for a 1BILLION DOLLAR BLOW OUT!!

[chook]

hahahaha. NZ couldn't build its way out of a paper bag! Should have given the contract to a Cheeina company, would have finished it 6 months ago.

now they are blaming the covaids for a 1BILLION DOLLAR BLOW OUT!!

The ridiculous hard hat strapped on under a blue sky sums it all up, what a gollywog

[Frezzinghot]

The ridiculous hard hat strapped on under a blue sky sums it all up, what a gollywog

Haha, yeah I didn’t look at that but yeah, what a drongo! It’s all a stage, and most of it all bullshit. A billon bucks! Surely they could use that money to do something half useful?

[Engineer]

Trouble in paradise?

https://www.bloomberg.com/news/artic...ssure-s-p-says

NZ credit rating is now under threat.

[Jeffa]

Trouble in paradise?

https://www.bloomberg.com/news/artic...ssure-s-p-says

NZ credit rating is now under threat.

I'm not surprised at this, I think I posted about this possibly somewhere on this thread last year.

We are paying the price for Labours strict covaids policy which was one of the strictest in the world.

This is why Hipkins is dumping previous policies to move further debt around and start buying votes to try and get sheeple to start spending again in the hopes of saving the economy which ironically is the problem... spending more than we earn or low productivity.

It's also the reason immigration will increase to raise productivity, immigration will recover to pre covaids numbers, rents will increase and so will house prices on the back of this.

All these politicians are trying to do is buy votes to get get them through another election just so they can ruin the country further