I just need three numbers to see where we stand.
How many houses are consented in a month.
How many people arrive in a month.
How long it takes to build a house.
That's the rough picture.
I can then polish it with details like,...
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Three numbers, I only need three numbers.
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Should I avoid becoming a landlord ?
I have never owned rental a property but logic tells me I should be considering this option. I am trading down and can afford 2 houses.
But I am nervous about becoming a landlord. I realise my success or failure probably all depends on my rental purchase decision.
Provided I do my research,...
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Is it a property market, property machine, or property symphony? Abstract"
Houses and property.
They just are.
But what are they really?
And what would we like them to be?
A market - things to be traded in days of old, like gold coins and spices in some musty trading post along the silk road?
A machine, - bland...Last edited by McDuck; 18-01-2020, 06:36 AM.
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Land sections in Melbourne suburbs
FYI,
https://www.facebook.com/watch/?v=696744557435750
For anyone who isn't on Facebook the link is to a news item on 7 News re. financial stricken land owners panic selling sections and losing tens of thousands of dollars in the process. Plummeting values is the issue where...Last edited by donna; 22-05-2019, 05:02 PM.
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How self-driving cars will change the property market
Interesting bit of soothsaying. Probably wont bother us antipodeans, though. Even mentions self-driving motorhomes in which the occupant can shower and have breakfast on the way to work. Wonder where it would be parked, once there?
Menlo Ventures’ managing director Venky Ganesan believes...
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Brexit - no extension, no deal
It is looking likely the UK will Brexit without a deal as many EU members are saying they're ready for the 'no deal exit'. The absolute chaos that will follow this historic event will be mind-blowing.
What will this mean for NZ - more British wanting out and relocating to NZ?
...
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Home ownership dropping - don't believe the hype
Here's a good news item from NZH - it says home ownership in NZ is marginally better than it was in 1951 but that it's not dramatically dropping. So in 1951 it was around 66% and now it's 63%. There was a spurt of growth pushing it to an all time high of 73% in 1991 but that was uncharacteristic and...
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Which option is best - buy the dream home now or wait a few years?
Hi everyone,
I've got a conundrum and I don't know what to do!!
Currently I own my own home and have a mortgage of $120k - it's valued at $310k.
My partner and I will have paid it off in 4 years time as we are currently paying it off at $400pw....
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Australia housing Market
Remember how Auckland was increasing at a rate of $1000 a day , Sydney is loosing the same amount a day now.
This is purely due to credit or lack of it... no more fuel to the fire , and this is with very low interest rates. Imagine if the interest rates were at the peak?
But instead...Last edited by BlueSky; 09-12-2018, 11:33 PM.
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Did the market just turn? Is it now a buyers market?
Several sources are telling me that it's well and truly a buyers market now.
True? False?
not sure.
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Christchurch property market slow?
Hi there
We are trying to sell a 2 bedroom unit in Christchurch but have had it on the market for 12 months without success, even though we are open to all offers. Is this typical of the Chch market at the moment? It is an over 60's restricted unit in terms of tenants which I guess...
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PC started a topic Jacinda Ardern confident New Zealand property market won’t slump like Sydney, Melbin General (NZ)Jacinda Ardern confident New Zealand property market won’t slump like Sydney, Melb
https://www.tvnz.co.nz/one-news/new-...dney-melbourne
House prices in Sydney and Melbourne are slumping, and some economists have said the same could happen in New Zealand. But Jacinda Ardern says she's...
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Re-entering property market after 10 years
Hi all
We are considering re-entering the residential property market after 10 years without owning any rentals. We wondered if someone could help us with a few pointers on what has changed in terms of risks, compliance, tax, legislation, etc, please?
We are looking at buying a block...
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What's happening in Waiheke Island in Auckland?
Yes, it's a small niche property market.
But interesting to see what is happening. Effective supply of inventory to the market has doubled. The Waiheke property market is no longer a sellers market, and more of a buyers market given the increase in property listings.
If you...Last edited by Chris W; 10-04-2018, 11:21 PM.
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What’s happening out there!
Just curious, is anyone having any success with low offers being accepted at the moment. What is the general expectation in the Auckland market at the moment? I have put in a few offers lately at 10% below CV but nothing signed up yet. I feel it’s only a matter of time, so what are you seeing...Last edited by Frezzinghot; 22-03-2018, 11:17 PM.