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  1. #21
    Join Date
    Feb 2013
    Posts
    387

    Default

    Old prediction.
    There are so many these days I have lost count.

  2. #22
    Join Date
    Feb 2013
    Posts
    387

    Default

    I predict there will be more new investors piling in than ever before, some "boomers" cashing it in. The old long term buy and hold doesn't quite work with the new millenniums as in everything they do. Get rich quick schemes will be everywhere.

    Third tier lenders will thrive in this market and we all know what this is a sign of...

    Need deep pockets for developments with ever increasing costs so more developers going under replaced by more joint -"ventures of social (crown) and social/ community housing providers.

    NZ has a love affair of buying and selling properties, fueled by social media and so called "property expert spruikers".
    The game is getting tougher though, brought in by unprecedented changes working against landlords.
    Last edited by BlueSky; 26-12-2019 at 01:50 PM.

  3. #23
    Join Date
    Sep 2004
    Location
    Hastings
    Posts
    15,487

    Default

    Anyone want to speculate / predict that the current clown-clone crop of socio-commies will start 'making noises' about residential rent controls?

    Or just announce it with no warning?
    Last edited by Perry; 26-12-2019 at 02:10 PM.
    Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

  4. #24
    Join Date
    Nov 2006
    Location
    Cyberspace
    Posts
    5,894

    Default

    Quote Originally Posted by Perry View Post
    How will you get around s32(2)?
    Does not apply.

  5. #25
    Join Date
    Jun 2004
    Location
    Kapiti
    Posts
    631

    Default

    Later 2020. The return of junk bonds, being pedaled by former, now washed up celebrities.

    Labour will up the annual subsidy to kiwisaver to $2000, on the condition they are voted back in.
    Last edited by Hound; 27-12-2019 at 12:02 PM.

  6. #26
    Join Date
    Aug 2003
    Posts
    7,868

    Default

    Quote Originally Posted by Bob Kane View Post
    My prediction:
    Some new, fresh-faced, lying scammer will step up and claim to be NZs leading property educator in the style of Richmastery of a few years back.
    In a rising market these types come to the front.
    Be on guard.
    They will use social media to their advantage and break most of the ethical rules surrounding property investing.
    I wonder about this - don't you think they'll be wary of a hefty fine now there's the case law precedent with Fong?

    I agree social media will be their 'friend' for marketing - and may slip through the net of the ASA.

    cheers,

    Donna
    PropertyTalk Blog - property articles - About PropertyTalk

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  7. #27
    Join Date
    Apr 2018
    Posts
    260

    Default

    Quote Originally Posted by Bob Kane View Post
    My prediction:
    Some new, fresh-faced, lying scammer will step up and claim to be NZs leading property educator in the style of Richmastery of a few years back.
    Haha so true.

    What are some DeBunked prophets?

    Easy business model, state the obvious, use google to firm up the age old methodology with your own twist on it, Charge shed loads to be a member.

    Auckland should see a modest increase imo, given its plateud since 2016 while small Cities and towns have had ridiculous gains (Welli doubled median in 3 years).

    On that note, people said Aucklands mini correction will ripple through to the rest of NZ in a couple of years, that hasnt occured yet. Im wondering when it will? And what is the affordability multiple for such cities that dont have the income potential of Auck?

  8. #28
    Join Date
    Oct 2016
    Posts
    228

    Default

    I predict a millennial uprising - blaming boomers for everything that millennials want but can't get for free - passing laws to ban combustion engine vehicles and consumption of meat, fueling importation of lots of batteries and veges. What effect that has on house prices I don't know.

  9. #29
    Join Date
    Sep 2004
    Location
    Hastings
    Posts
    15,487

    Default

    Has anyone predicted the General Election outcome, so far?
    Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

  10. #30
    Join Date
    Jun 2013
    Posts
    2,158

    Default

    Quote Originally Posted by jack2016 View Post
    I predict a millennial uprising - blaming boomers for everything that millennials want but can't get for free - passing laws to ban combustion engine vehicles and consumption of meat, fueling importation of lots of batteries and veges. What effect that has on house prices I don't know.
    A repeat of the cultural revolution? That would be interesting.


 

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