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  1. #501
    Join Date
    Sep 2008
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    7,562

    Default

    ^

    only in auckland, and all the other world cities

    ...

    ...just 7% out of a total increase in (London) house prices of 150% between 1996 and 2007 was due to increased lending to landlords.

    The broad consensus among economists is still that rising incomes, lower interest rates, a growing population, and the wider increase in credit availability more readily explains rising prices.


    Ultimately, there is only one solution to Britain’s housing affordability crisis: build more houses


    http://www.economist.com/blogs/freee...nomics-buy-let
    have you defeated them?
    your demons

  2. #502

    Default

    Quote Originally Posted by eri View Post

    a growing population,
    Indeed.

    There are numerous calls in the UK that they MUST increase immigration; and free up all their laws to allow far easier access to anyone arriving in the country.

    Their current rate of new arrivals is far too low for their long term survival.

  3. #503

    Default

    Welcome to your future Auckland.

    Mount Waverley construction pit grows further




    http://www.theage.com.au/victoria/mo...28-gimea8.html

    At first the developer and the site's structural engineer paid for the group, who are mostly foreign students, to stay at the Novotel hotel in Glen Waverley.
    That is no longer the case. Cr Klisaris said the council had been working with homeless service Uniting Care Harrison to help the displaced residents find long-term accommodation, while Salvation Army had given each of the residents $400.
    ..............

    Meanwhile, in a twist in the saga, council also confirmed they would be "reviewing" whether the townhouses were operating as illegal rooming houses
    Last edited by speights boy; 29-07-2015 at 10:53 AM.

  4. #504
    Join Date
    Sep 2008
    Posts
    7,562

    Default

    New research suggests 80,000 new homes will be built in Auckland over the next six years, well up on last year's forecast.

    The National Construction Pipeline report estimated last year that 52,500 would be built in Auckland between 2015 and 2019, but in its latest update, now suggests that figure will be closer to 67,700, hitting 80,000 by 2020.

    Building and Housing Minister Nick Smith said building work was increasing at a rate that had not been seen in 40 years, and the report was "significantly more optimistic about the future rate of homes being built in Auckland".

    "The average home size increased by 38 square metres – up 28 per cent – in the 1990s,

    and by another 26sqm – up 15 per cent – in the 2000s,

    but has been in decline since 2010 and is expected to fall by 28sqm, or 14 per cent, this decade."

    http://www.stuff.co.nz/business/7065...orecast-report
    have you defeated them?
    your demons

  5. #505

    Default

    Report confirms owner-occupiers missing out to investors in Auckland
    Investors are beating owner-occupiers in the battle for Auckland homes, according to a new report on the Auckland residential property market by real estate company Knight Frank.

  6. #506
    Join Date
    Jul 2012
    Location
    Tavua, Fiji
    Posts
    3,347

    Default

    Hands up those who think 39,000 houses will be built in the next 3 years in Auckland?

  7. #507
    Join Date
    May 2008
    Posts
    3,563

    Default

    Damap, you're prettier than I remember you.

  8. #508
    Join Date
    Jul 2012
    Location
    Tavua, Fiji
    Posts
    3,347

    Default

    Now that's funny ^^^^^

  9. #509

    Default

    Editorial: Landlord tax belies PM's housing claim
    Nobody should listen any longer to the suggestion that all would be fine if Auckland's house building matched its population growth.

    Certainly the city needs to increase its rate of new house building but when three houses out of four are being bought by investors in rental properties, it is going to take more than the country's capacity to boost supply if New Zealand is again to give all young people a chance to own a home.

    The Prime Minister's persistent claim to the contrary is belied by his own actions.
    If home affordability in Auckland was simply a problem of supply, none of those devices to reduce house price inflation would be necessary.
    http://www.nzherald.co.nz/opinion/ne...ectid=11488863
    Last edited by speights boy; 30-07-2015 at 07:37 AM.

  10. #510
    Join Date
    Jul 2012
    Location
    Tavua, Fiji
    Posts
    3,347

    Default

    Where do these people come from. Like everything they say is suddenly a fact?
    Suddenly the laws of supply and demand are suspended because the granny says so??


 

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