REINZ Housing Price Update (May 2022)
Prices month on month (since peak):
- National -1.6% (-8.8%)
- National (ex-Auckland) -1.6% (-5.0%)
- Auckland -1.6% (-11.7%)
- Wellington -2.9% (-13.5%)
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Cost for a Jack and Pack Foundation Relevel - re Ch-Ch Earthquakes ?
Have a Californian Bungalow of around 100 square meters that needs a foundation relevel.
Interested in hearing from those that have been through the process, what your cost was ? And how long ago was it done ?
Separate price for the lifting part would be great too ?
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OCR just put up 0.5%. April 2022
Mr Orr just bumped the OCR up a huge 0.5%.
Honestly, I was expecting him to do as little as possible, for as long as possible.
Who's coming off fixed, and how will this change your disposable income.
...Last edited by McDuck; 14-04-2022, 02:36 AM. -
Feb 2022 Have house prices started falling? How far will they go?
Have house prices started falling?
How far will they fall?
Will auctions become a thing of the past?
What immediate effect will this have on property investors?
What knock on effects will this have on serviceability and expansion?
What... -
Are there any positive cashflow markets left in NZ for rentals?
I’ve recently sold up some properties in Aussie and am looking to reinvest in NZ. I’m simply looking for properties that cover their own costs with a P&I 25-30 year loan including rates insurance etc etc. I’m not focused on capital gain and these would all be long term 20 year + holds.... -
Unit Titles Act
Are unit owners looking forward to the passing of new body corporate laws in NZ? -
Stop demonising property investors - Andrew King
Hi All,
Read this by Andrew King - if only to get the full summary of what LLs have put up with in recent years and have far off the mark the Govt has been in managing the housing crisis blaming property investors.
cheers
Donna... -
Looking at buying house where vendors have RC for subdivision but no CT yet - RISKY?
Hey everyone
We're looking at buying a property in Auckland where the current vendors have received RC to subdivide the section at the back of the property. They are planning to build a 2 storey family home there. But they haven't received the new CT for the new section and they have written on... -
Watch out Labour!
Well hopefully the tide has turned - now National have Luxon and Willis.
cheers,
Donna
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Will The RBNZ act today?
Many people say that the leadership of the Reserve Bank are a bunch of lame ducks.
That the blowout in house inflation is all their fault.
Some even say that the whole housing market has become totally dysfunctional because of their loose monetary policy.
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Evergrande, not off the radar yet.
This ball is still in play.
Yet no one is paying attention.
You're a funny species.... -
Buying a second house to live in
Hi, I want to ask if someone wants gots large family and he wants to buy a second house in the same area for his family. i.e family will live in both houses.
The first house was bought 4 years ago.
Due to uncertainty, my question in case he can't keep both houses and decided to sell both... -
Finance problems
Hi
My wife and sister in law have a rental that they inherited a while ago. The ownership structure has two trusts with my wife as the only trustee of both. We don’t want to change the structure for tax and protection reasons.
We’re trying to refinance and running into problems.... -
To keep or sell our only rental?
We are a sole income family, I earn approx 85k and have a wife and two young daughters to support (2.5 years and 9 months).
We’ve got our own home (700k value, 300k loans) and a rental that makes 1-2k or so net profit, its 550k value with $270k loans. Owner occupied in Papamoa and rental...Last edited by House Hunter; 02-10-2021, 08:27 AM. -