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  1. #1
    Join Date
    Apr 2005
    Posts
    2,815

    Default Is it a property market, property machine, or property symphony? Abstract"

    Houses and property.

    They just are.

    But what are they really?

    And what would we like them to be?

    A market - things to be traded in days of old, like gold coins and spices in some musty trading post along the silk road?

    A machine, - bland cubicles from fascist and communist block cities, rising up in stacks, featureless, small spartan rooms, for an army of mindless battery farmed workers?

    Or a symphony - where life flourishes?
    Where immigration, finance, and construction dance smoothly with each other, like a Vienna waltz in a magnificent ballroom.

    I know my choice.
    Last edited by McDuck; 18-01-2020 at 06:36 AM.

  2. #2
    Join Date
    Feb 2015
    Posts
    139

    Default

    From a Buyer's perspective the NZ property market has become a 'jungle' of false information ! Would a Buyer's Agent located in NZ make the process a more fair and honest transaction ? The Buyer is the one with the CASH !

  3. #3
    Join Date
    Jan 2006
    Location
    Auckland
    Posts
    89

    Default

    Quote Originally Posted by Cpt707 View Post
    From a Buyer's perspective the NZ property market has become a 'jungle' of false information ! Would a Buyer's Agent located in NZ make the process a more fair and honest transaction ? The Buyer is the one with the CASH !
    And the Vendor is the one holding the Asset, the balance of power depends on the market, exactly how it should be IMHO

  4. #4
    Join Date
    Apr 2005
    Posts
    2,815

    Default

    The balance of power is with the muscle.
    The govt makes the rules, the police and army follow those rules.
    The balance of power is with the politicians.

  5. #5
    Join Date
    Aug 2003
    Posts
    7,758

    Default

    Quote Originally Posted by Cpt707 View Post
    From a Buyer's perspective the NZ property market has become a 'jungle' of false information ! Would a Buyer's Agent located in NZ make the process a more fair and honest transaction ? The Buyer is the one with the CASH !
    If you're an offshore buyer - there are rules for buying houses in NZ and a buyer's agent isn't going to get around the rules. A buyers agent can be your eyes on the ground though if you're buying for investment, you can use anyone to do the viewing, and the numbers will do the rest. If you're buying a PPOR then wouldn't you want to do the viewing and control the process personally? Just my 10 cents worth.

    cheers,

    Donna
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  6. #6
    Join Date
    Feb 2015
    Posts
    139

    Default

    Yes, it's a SELLERS MARKET in Naseby and Ranfurly , a couple "Sh#t Towns of NZ" . Located on the edge of Central Otago. Deadline Sale method....present your offer to the estate agent, who has no comparative sales" to provide you with and says " the vendor has already refused an 'Offer' twice yours.. So get lost! " Power to the Vendor..."Rock on" the real estate market in Naseby and Ranfurly.

  7. #7
    Join Date
    Apr 2004
    Posts
    797

    Default

    Quote Originally Posted by Cpt707 View Post
    Yes, it's a SELLERS MARKET in Naseby and Ranfurly , a couple "Sh#t Towns of NZ" . Located on the edge of Central Otago. Deadline Sale method....present your offer to the estate agent, who has no comparative sales" to provide you with and says " the vendor has already refused an 'Offer' twice yours.. So get lost! " Power to the Vendor..."Rock on" the real estate market in Naseby and Ranfurly.
    Yes thatís free market capitalism if your stupid enough to pay top dollar for a back water then thatís your issue vendor are mostly greedy as the media+RE agents+land barons+Govt laws+banks are also pushing the narrative

  8. #8
    Join Date
    Feb 2015
    Posts
    139

    Default

    Thanks JBM for your support. Knowing when to walk away is for sure a good survival technique in today's property market.


 

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