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Quality apartments in Auck?
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the proportion of apartment resales made below the original purchase price has risen steadily over the past 2-3 years.
is that what you are seeing as well ?
https://www.corelogic.co.nz/news/auc...s#.XfiaoGQzYdV
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yes
In the quarter, 3.4 per cent of houses sold at a loss, and 9 per cent of apartments.
https://www.stuff.co.nz/business/113...ies-for-a-loss
CoreLogic senior property economist Kelvin Davidson said the losses were particularly evident in the apartment market, in sales by investors, and among people who had bought within the last three years.
Nationwide, 14.7 per cent of all apartment sales were for a loss.
sugartree apartments in auckland a prime example of what happens when too many new apartments are released in a pretty average area during a slowdown
"I said 'things have changed, it's been a very difficult year. The best we could probably do is get your money back.' She was very upset at that and said she wanted a good profit."
He said there could be problems with off-the-plans purchases. "A lot can change in two years."
Last edited by eri; 18-12-2019, 09:41 AM.have you defeated them?
your demons
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That could be an increase from 1 to 3 :-PFree online Property Investment Course from iFindProperty, a residential investment property agency.
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Originally posted by Nick G View PostThat could be an increase from 1 to 3 :-P
Maybe just that one contract. it will all come out the wash, of who is swimming naked.
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