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  1. #1
    Join Date
    Aug 2003
    Posts
    7,540

    Default Predictions for 2015

    Quote Originally Posted by Davo36 View Post

    I was thinking it might be fun to have a 'predictions' thread again. We've done this in the past and there's always a diversity of views. Watch reckon Donna?
    Here it is Davo36 - and to kick it off.....

    Japan has slipped back into recession and David Cameron is nervous saying "the warning lights are flashing" on the global economy (source)

    Australia has just signed the free trade agreement with China - this is a threat to our dairy industry - how worried should we be?

    cheers,

    Donna
    Last edited by donna; 18-11-2014 at 09:53 PM.
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  2. #2
    Join Date
    Sep 2013
    Location
    Auckland
    Posts
    3,885

    Default

    Ron predicted interest rates will go down more than 6 months ago.

    Olly has just said the same thing on camera (while he was trying to win an argument vs Hickey).

    Fun times ahead!

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

    Default

    I'm just glad I have enough property in NZ now to not care. Get out of debt and relax is my plan

  4. #4
    Join Date
    Nov 2006
    Location
    Cyberspace
    Posts
    5,688

    Default

    Christchurch will be a landlords nightmare by mid 2016. Too many empty houses.

  5. #5
    Join Date
    Sep 2003
    Location
    High up above and deep down under
    Posts
    10,915

    Default

    The price of petrol to drop in Tokoroa.
    "There's one way to find out if a man is honest-ask him. If he says 'yes,' you know he is a crook." Groucho Marx

  6. #6

    Default

    Christchurch will be a landlords nightmare by mid 2016. Too many empty houses.
    Do you have data to back up your statement? thanks
    Last edited by donna; 18-11-2014 at 09:57 PM.

  7. #7
    Join Date
    Sep 2008
    Location
    Tauranga
    Posts
    1,518

    Default

    Christchurch won't be the only place. The number of permanent stay here arrivals is still very small but we are building again like there's no tomorrow.

    http://www.interest.co.nz/property/7...w-figures-show

    Auckland as well and probably Hamilton.

    No one counts the retirement Villages that are going up daily at 500 homes a pop and more.
    Already an excess of these in Tauranga and the rest of the towns and Cities are yet to catchup.

    Auckland is getting too expensive for many including businesses and more will move out.

    Oil to drop further followed closely by gold and silver.
    Interest rates in NZ to go further down. Inflation close to deflation except in housing.

    RBNZ still doesn't like Property Investors. We are greedy "rich pricks" if we own more than 5 houses.

    Korea trade agreement will help exports in a slow manner.

    Europe will see some of its disparate spenders come under pressure and we may well see France collapse taking Italy and others with them
    Bagrie said this 2 years back and its still to happen. The continuing reduction in oil price will exact its toll on the Arab producers and others who have wracked up big debt on the basis of oil revenue. Some will default and take France with them, France being their bankers.
    Germany won't be able to bail them out.

    India will become a bigger export market.

    Putin and Russia will beat back the EU for about the 6 th time in 3 centuries.

    Russia will trade more with China and will soon be supplying China with lots of oil.
    China will buy our milk powder (and other stuff),and supply it to the Russians.

  8. #8
    Join Date
    Sep 2008
    Posts
    7,486

    Default

    how can you have data to back up a future prediction?
    have you defeated them?
    your demons

  9. #9

    Default

    Quote Originally Posted by Viking View Post
    RBNZ still doesn't like Property Investors. We are greedy "rich pricks" if we own more than 5 houses.
    No NZ Bank will fail.
    The OCR will increase.
    The US will surprise on the upside.
    China will surprise on the downside.
    The Russian economy will continue to come under pressure.

  10. #10
    Join Date
    Apr 2004
    Location
    Auckland
    Posts
    1,886

    Default

    Labours new policy will be more tax.
    Bernard Hicky will claim child poverty and global warming caused by P.I.
    Right to issue 90 day notice will be replaced with mediation and iwi consultation.

    Most importantly - great beach weather!
    The three most harmful addictions are heroin, carbohydrates and a monthly salary - Fred Wilson.


 

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