Property Predictions for 2019

[Perry]

Have at them, varlets!

Prediction number 1: Dhil Twitford gets a few more kiwibuild houses organised, eclipsing his 2018 record of note.

[eri]

i predict

a certain old man

will continue harassing

those who try to help

questioners of the foggy future

[donna]

Robert Kiyosaki says buy gold ahead of the biggest crash

...maybe he's just keen on rising it's value so he can make big on it himself?

It's doing well - at a 18 mth high @ $1260 per ounce.

John Key also warns of a downturn coming however I recall reading growth will be at around 2 percent - so not too bad for us in 2019.

cheers,

Donna

[Davo36]

John Key presides over huge house price increases, huge immigration numbers, then goes into banking and decides it's all a bit of a disaster...

[Perry]

Sah Shonkey is shrewd, alright.

[PC]

House prices drop a bit.
Rents continue to skyrocket.
Soon becomes cheaper to buy than rent.
10-20 more kiwi build houses get finished, don't sell - given away to housing charities instead.
Twytford & Taxinda say "it's FAIR" about 500 more times & raise "not new" taxes again.

[Perry]

Most of the economic indicator predictions by non-PT forumites will be proven wrong.

(Especially by Shambles Equivocate & bank econ-o-mists and their arcane, cloudy brain farts)

Some PT Forumites will get it wrong, too, to be fair.

[Perry]

I predict that:

* the rich will get richer
................and
* the poor will get poorer.

The main contributing factors to that state of affairs will be:

* Taxcindarella and the socialist ideologues she nominally heads
...............and
* the habits of the rich and the habits of the poor.

And possibly the wimp called Winston.

[donna]

House prices drop a bit.

10-20 more kiwi build houses get finished, don't sell - given away to housing charities instead.

Grand Designs UK shortlisted a new build development designed for first home buyers - and it was an amazing development. What really impressed me was the entry point was really low - the purchasers just needed to earn £35K per annum - $66K NZD.

cheers,

Donna

[PC]

I'd much rather see people getting a hand-up into their own house rather than been given a state house with subsidised rent.
Much better for them & the community at large.
Unfortunately the socialists are dead against methods that help people get ahead - reduces their voting base it seems.

[Perry]

Unfortunately the socialists are dead against methods that help people get ahead - reduces their voting base it seems.

That sounds like an atypical socialist agenda. Succeeding by the general populace is not in their interests, at all.

Without the allegedly poor and downtrodden, the commie-socialists have no reason for being.

[LifeBroker]

Has the housing market peaked?

No doubt NZ is struggling. And from around the world, dark cloud have started appearing.

All because of borrowed money. ALL the west is living on a massive sugar rush, of borrowed money.

Banks report record-breaking profits. Because debts are a record high.

My concern with NZ is that there hasn't been a significant correction in housing the last 20 years or so. And because of that, there is no recollection in recent memory of such a disastrous event happening, people start concluding it will never happen (again).

Yet NZ household debt has never been higher.

(I'd like to post links as well to support post, but not allowed)

[flyernzl]

Soon becomes cheaper to buy than rent.

Which is exactly the way it should be.
Renting a house for less than the ownership cost is an aberration.

[PC]

When all the evil LL problems have been fixed and everything is "fair" - who will be the new whipping boy?
Dairy Farmers - I recon!

[eri]

^

past experience shows

every group eventually gets whipped

as the whippers grow their power