Tony Alexander

[ermat]

Is doing his best to talk the property market up. Not sure who's pulling his strings but I'm not buying it.

[Frezzinghot]

Where is the post ermat?

[Sanya]

Is doing his best to talk the property market up. Not sure who's pulling his strings but I'm not buying it.

I've not read his recent comments as being talking the property market up.

Rather, from what I've read, Alexander thinks there will be price declines but the overall property market will remain relatively stable with price reductions being "short-lived".

Periods of price decline are rare, and they are short-lived. Opportunities to buy in a weak market don’t last long,” Alexander told Landlords.co.nz, adding that significant price declines are on the way. Still, they will “not represent the true picture for the relevant markets overall.

Above quote reference: https://www.nzadviseronline.co.nz/ne...ly-271124.aspx

[ermat]

Where is the post ermat?

But a return to the likes of 5% deposit lending is not conceivable in an environment when house prices nationwide will probably fall 5% - 10% on average.

[Nick G]

It will be interesting. We haven't had 2.99% interest before.

[Jeffa]

But a return to the likes of 5% deposit lending is not conceivable in an environment when house prices nationwide will probably fall 5% - 10% on average.

Just because you want house prices to drop 5,10,30 percent doesn't me they are.

The banks are able to manipulate the housing market and put a floor on any (major)house price declines.

They have more capital in the housing market than anybody else,including the homeowner.

[ermat]

Just because you want house prices to drop 5,10,30 percent doesn't me they are.

The banks are able to manipulate the housing market and put a floor on any (major)house price declines.

They have more capital in the housing market than anybody else,including the homeowner.

What I want is irrelevant. How can he say prices will only drop 5 -10%

[tim360]

I heard Tony speak at a recent webinar organised by Matthew Gilligan. He went over many different negative and insulating factors, summary was:

The immediate property outlook is for weakness. Butover 2021 strength is likely to start returning and thefocus will shift toward long-term supporting factorssuch as insufficient construction set againstpopulation growth, low interest rates, and underlyinggrowth of Auckland’s share of NZ GDP.

[Wayne]

Is doing his best to talk the property market up. Not sure who's pulling his strings but I'm not buying it.

You mis-read what he has written then.

[DaveW]

A lot of speculative comments and that's not how investors should work. It's about time in the market , not about timing the market.