• Login:
Welcome, Register Here
follow PropertyTalk on facebook follow PropertyTalk on twitter Newsletter follow PropertyTalk on LinkedIn follow PropertyTalk on facebook
Page 3 of 3 FirstFirst 1 2 3
Results 21 to 23 of 23
  1. #21
    Join Date
    Sep 2008
    Posts
    7,575

    Default

    also high earners who thought they could handle some pretty strongly cash flow negative purchases

    and wait out a normal 2 or 3 year recession

    The 40HA estate of embattled lawyer Barry Hart has been sold from under his feet.

    The seven properties, stretching from the west Auckland town of Waimauku to Woodhill Forest and to the west coast, were valued at around $26 million. They were sold by Bayleys real estate this week to a mystery buyer.

    Hart owed $30 million to ANZ and the debt was accruing $200,000 monthly interest.

    http://www.nzherald.co.nz/property/n...ectid=10821305
    have you defeated them?
    your demons

  2. #22
    Join Date
    Mar 2012
    Location
    London
    Posts
    70

    Default

    Thanks for useful advice. But it has no guarantee that shares will give better return in next decades. Infect environment is much uncertain along with economy that we can not say any thing with guarantee.

  3. #23
    Join Date
    May 2006
    Location
    Mordor
    Posts
    1,048

    Default

    Quote Originally Posted by Rabia View Post
    Thanks for useful advice. But it has no guarantee that shares will give better return in next decades. Infect environment is much uncertain along with economy that we can not say any thing with guarantee.
    Agreed.

    Logically business must always make more money than purely holding land. If it were otherwise nobody would lease or buy land, build a factory, and sell products. If land alone was goldplated guaranteed to make money everyone would buy it and wait for the money to roll in. However land is nothing unless you can yield an income from it.

    The risk/reward of business is higher which means when you buy shares in a company, the odds of you being rewarded are higher - but the odds of failure are equal. Over the long term if you believe capitalism is the right economic system, owning shares must reward you more than simply owning land. If it were otherwise all business would collapse and the value of land would shrink to pennies. Even in the Great Depression this did not quite happen.


 

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Mary Holm sets us right...
    By MarkButThis in forum Property Investment (NZ)
    Replies: 8
    Last Post: 19-04-2011, 08:21 PM
  2. From Mary Holm's column 12/6/10
    By muppet in forum General (NZ)
    Replies: 1
    Last Post: 14-06-2010, 05:24 PM
  3. Mary Holm in the shower!!
    By [email protected] in forum Property Investment (NZ)
    Replies: 23
    Last Post: 16-04-2010, 12:26 AM
  4. Mary Holm's "Advice"
    By OllyN in forum Property Investment (NZ)
    Replies: 18
    Last Post: 27-11-2007, 10:12 PM
  5. Mary Holm: Rental not always the way to go
    By muppet in forum Property Investment (NZ)
    Replies: 7
    Last Post: 16-01-2006, 06:22 PM
  6. Mary Holm's column 28 May 05
    By muppet in forum General (NZ)
    Replies: 2
    Last Post: 31-05-2005, 12:42 AM
  7. More Mary Holm
    By muppet in forum Property Investment (NZ)
    Replies: 3
    Last Post: 03-04-2004, 06:29 PM
  8. Mary Holm Q & A
    By muppet in forum Property Investment (NZ)
    Replies: 4
    Last Post: 28-03-2004, 10:03 PM
  9. More Q&A from Mary Holm
    By muppet in forum Property Investment (NZ)
    Replies: 4
    Last Post: 01-03-2004, 10:23 AM
  10. Mary Holm on Due Diligence?
    By muppet in forum Property Investment (NZ)
    Replies: 5
    Last Post: 23-02-2004, 09:01 AM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •