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Thread: Tony Alexander

  1. #1

    Default Tony Alexander

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

  2. #2
    Join Date
    Jan 2014
    Posts
    1,058

    Default

    Where is the post ermat?
    "Remember, people will judge you by your actions,not your intentions.You may have a heart of gold -but so does a hard-boiled egg".

  3. #3

    Default

    Quote Originally Posted by ermat View Post
    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".


    Quote Originally Posted by Tony Alexander
    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
    Last edited by Sanya; 10-05-2020 at 10:34 PM.

  4. #4

    Default

    Quote Originally Posted by Frezzinghot View Post
    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.

  5. #5

    Default

    It will be interesting. We haven't had 2.99% interest before.
    Free online Property Investment Course from iFindProperty, a residential investment property agency.

  6. #6
    Join Date
    Mar 2016
    Posts
    517

    Default

    Quote Originally Posted by ermat View Post
    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.

  7. #7

    Default

    Quote Originally Posted by Jeffa View Post
    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%

  8. #8
    Join Date
    Jan 2005
    Location
    Auckland Central
    Posts
    171

    Default

    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.

  9. #9
    Join Date
    Jun 2004
    Posts
    10,642

    Default

    Quote Originally Posted by ermat View Post
    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.

  10. #10
    Join Date
    Apr 2009
    Posts
    1,009

    Default

    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.


 

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