Originally posted by flyernzl
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How to time your reentry buy at the bottom of the low low? (crash)
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Originally posted by learningInProgress View PostWhat's wrong with our dairy and tourism industry? The way you put this as if dairy/farm and tourism is not "real" economy...
We are good at it and people will pay $$ for our honey, milk and beef. Yes we should diversified to manufacturing, but manufacturing is not our forte. how to compete against asia cheap production cost?
On sustainability... check Singapore, and Hongkong property vs income comparison. is that sustainable? and yet the price hanging there for as long as I can remember...
Tourism im ALL for, provided we actually do something about our impending problems from the aforementioned. 100% Pure New Zealand is just a 100% Pure BS advertising slogan.
Singapore/Hong Kong, we arent seriously comparing them to Auckland? There is a very good reason for their property and if NZ could get 1/5th of that Id say yay, no issue with Aucklands vertical property sustainability.
Anyway, back on topic. The thread is about timing down turns and key indicators for when markets are starting to plateau.Last edited by Mission2; 16-08-2017, 01:33 PM.
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Originally posted by Beano View PostWhat sort of net yields (after all cost except interest and tax) are you expecting on your new purchase ?
But my real reason for my interest in the purchase is that is the other half of a cross-lease that I already own.
If I buy, this will allow me to add a garage to my existing property (thus increasing the rent I can get for that one) and, in the medium term, convert both titles to fee simple, thus upping their value.
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Originally posted by flyernzl View Post4%.
But my real reason for my interest in the purchase is that is the other half of a cross-lease that I already own.
If I buy, this will allow me to add a garage to my existing property (thus increasing the rent I can get for that one) and, in the medium term, convert both titles to fee simple, thus upping their value.
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Originally posted by flyernzl View Post4%.
But my real reason for my interest in the purchase is that is the other half of a cross-lease that I already own.
If I buy, this will allow me to add a garage to my existing property (thus increasing the rent I can get for that one) and, in the medium term, convert both titles to fee simple, thus upping their value.Squadly dinky do!
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