• Login:
Welcome, Register Here
follow PropertyTalk on facebook follow PropertyTalk on twitter Newsletter follow PropertyTalk on LinkedIn follow PropertyTalk on facebook
Page 11 of 12 FirstFirst ... 9 10 11 12 LastLast
Results 101 to 110 of 111
  1. #101
    Join Date
    Feb 2015
    Posts
    395

    Default

    I am looking at buying and that is not what i am seeing Perry.

  2. #102
    Join Date
    Sep 2004
    Location
    Hastings
    Posts
    15,222

    Default

    My comment related to an existing buy-and-hold residential rental.
    Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

  3. #103
    Join Date
    Mar 2007
    Location
    Auckland
    Posts
    3,071

    Default

    Unfortunately, so many were sucked into buying a 'tax efficient investment' where they were losing a pile of actual cash money every month.
    This nightmare only being made palatable by the thought of those juicy untaxed capital gains that we hear so much about.

    Now that those have evaporated . . .

  4. #104
    Join Date
    Jul 2017
    Posts
    302

    Default

    Quote Originally Posted by flyernzl View Post
    Unfortunately, so many were sucked into buying a 'tax efficient investment' where they were losing a pile of actual cash money every month.
    FYI, in the 2016/2017 tax year, there were 116,000 tax filers claiming losses on residential real estate leasing operations.

  5. #105
    Join Date
    Sep 2004
    Location
    Hastings
    Posts
    15,222

    Default

    Quote Originally Posted by JBM View Post
    Well rich ones ... you have to pay $300pw+ to rent a craphole in Invercargill .. NZ living is very unaffordable unless you're on a good income or happy to be in bunk beds with other per room
    Oil prices looking to spike ... NZD showing weakness .... $3lt fuel more inflation to come ..
    Well, here we are, approx. six months later.

    How's it all looking, folks?
    Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

  6. #106
    Join Date
    Sep 2004
    Location
    Hastings
    Posts
    15,222

    Default

    Latest valuation guesstimates from Questionable Value, for Hastings area, just in.

    I can't recall when the last one was done. Every 4 or 5 years, isn't it? (For General Revaluations)

    Any way . . .

    An increase in CV of 77%.

    An increase in land value of 100%.

    An increase in improvements value of 23%.

    Quite a jump.
    Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

  7. #107
    Join Date
    Apr 2004
    Posts
    796

    Default

    Quote Originally Posted by Perry View Post
    Latest valuation guesstimates from Questionable Value, for Hastings area, just in.

    I can't recall when the last one was done. Every 4 or 5 years, isn't it? (For General Revaluations)

    Any way . . .

    An increase in CV of 77%.

    An increase in land value of 100%.

    An increase in improvements value of 23%.

    Quite a jump.
    Yes like many areas have exploded in value Invercargill is one I've followed closely over the years ...much the same if not even higher >> crazy times in NZ Res Property ..when it turns it's going be one hell of a bloodbath ... and yes Perry you could well be putting my post up during 2020 and NZ Property will still be fine >> but it's only a matter of time at best we flatline for a very long time

  8. #108
    Join Date
    Sep 2004
    Location
    Hastings
    Posts
    15,222

    Default

    Quote Originally Posted by JBM View Post
    and yes Perry you could well be putting my post up during 2020 and NZ Property will still be fine but it's only a matter of time at best we flatline for a very long time
    That's like the weather guesscast people saying one day soon, the sun will shine. Eventually, they'll be right.
    Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

  9. #109
    Join Date
    Apr 2004
    Posts
    796

    Default

    Quote Originally Posted by Perry View Post
    That's like the weather guesscast people saying one day soon, the sun will shine. Eventually, they'll be right.
    So you think a major fall in NZ av. property prices could be many years away maybe invercargill will early next decade have 600-700k av homes prices ?? maybe Qtn,Auckland 1.5mill to 2mill well thats if the trend stays the same right ?

    FACT = New Zealand's house prices are among the most unaffordable in the world

  10. #110
    Join Date
    Sep 2004
    Location
    Hastings
    Posts
    15,222

    Default

    Quote Originally Posted by JBM View Post
    So you think a major fall in NZ av. property prices could be many years away maybe invercargill will early next decade have 600-700k av homes prices ?? maybe Qtn,Auckland 1.5mill to 2mill well thats if the trend stays the same right?
    No, I leave it to others to make predictions. I just keep an eye on their dubious prognostications.

    Quote Originally Posted by JBM View Post
    FACT = New Zealand's house prices are among the most unaffordable in the world
    Why would that be?

    Define 'affordable.'

    NZ wages and salaries are pathetic, too.
    Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!


 

Thread Information

Users Browsing this Thread

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

Similar Threads

  1. Auckland at risk if house prices fall
    By muppet in forum Property Investment (NZ)
    Replies: 3
    Last Post: 16-06-2013, 11:27 PM
  2. Auckland at risk if house prices fall
    By muppet in forum Property Investment (NZ)
    Replies: 0
    Last Post: 16-06-2013, 10:16 AM
  3. Auckland house prices fall in September: Barfoot
    By ammar in forum Property Investment (NZ)
    Replies: 13
    Last Post: 04-10-2012, 09:54 PM
  4. Low-end house prices 'to fall 10pc'
    By jenny_pt in forum Property Investment (Oz)
    Replies: 0
    Last Post: 14-07-2009, 12:39 PM
  5. California home sales up 83 percent, prices drop 41 percent
    By Marc in forum Property Investment (USA)
    Replies: 1
    Last Post: 26-03-2009, 08:51 AM
  6. Auckland house prices fall again
    By essence in forum Regions News (NZ)
    Replies: 0
    Last Post: 06-08-2008, 03:27 PM
  7. Who says house prices don't fall?
    By Commercial Dan in forum Property Investment (NZ)
    Replies: 10
    Last Post: 04-02-2008, 07:11 AM
  8. 'UK house prices will fall by up to 50%'
    By muppet in forum General (NZ)
    Replies: 2
    Last Post: 08-10-2005, 09:28 PM
  9. Don't buy, house prices are set to fall
    By muppet in forum Property Investment (NZ)
    Replies: 16
    Last Post: 26-03-2005, 07:30 PM
  10. Replies: 6
    Last Post: 09-01-2004, 03:59 PM

Tags for this Thread

Posting Permissions

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