These 7 reasons, predominately tenant focussed are just the tip of the iceberg for overvalued property across the board with high debt. Everyone in Nz is an investor - rentvestor, investor, flipper, speculator etc wanting a piece of the pie. Much bigger future reasons e.g. tax on investment property will lead to outcomes that are red instead of green for many
I agree with you.This is just the tip of the ice breg. Future generations are not going to want to stay in Nz. Why would you want to save for 30 years to get a deposit just to enrich the older generations
Hi gents, government settings seem to want to drive up housing supply and drive down cost. Have you discussed regulatory settings and how that might make the housing market look in future? Are you convinced there’s always going to be a housing shortage? Thanks.
It’s a great time to buy if you are looking for a good deal. We are in the winter of real estate. House prices may not do much for a few years but gradually as available house stocks decrease and the economy improves the capital gains will come back. Seems similar to economic conditions in 2011
Great time to buy if you have the cashflow. that's the key at the moment. The hurt ,if you own property is for a while yet. Most are fixed on the higher rates. There a lot a business struggling. Love your positivity keep it going. It will come right Know doubt.
No time is the best time and nor the worst time. There are always good buy at any time. Keep in mind, always get the right one instead of the cheap one
I'm a first time investor looking at buying this summer. Really appreciated the reality check and balance to it being a buyers market right now
These 7 reasons, predominately tenant focussed are just the tip of the iceberg for overvalued property across the board with high debt. Everyone in Nz is an investor - rentvestor, investor, flipper, speculator etc wanting a piece of the pie. Much bigger future reasons e.g. tax on investment property will lead to outcomes that are red instead of green for many
I agree with you.This is just the tip of the ice breg. Future generations are not going to want to stay in Nz. Why would you want to save for 30 years to get a deposit just to enrich the older generations
Hi gents, government settings seem to want to drive up housing supply and drive down cost. Have you discussed regulatory settings and how that might make the housing market look in future? Are you convinced there’s always going to be a housing shortage? Thanks.
It’s a great time to buy if you are looking for a good deal. We are in the winter of real estate. House prices may not do much for a few years but gradually as available house stocks decrease and the economy improves the capital gains will come back. Seems similar to economic conditions in 2011
Why would the economy improve? We have more people and less resources.
As inflation comes down people will eventually end up spending more money
Very simple principle. You should do opposite to people when you doing invest. People don’t buy and you should buy
Great time to buy if you have the cashflow. that's the key at the moment. The hurt ,if you own property is for a while yet. Most are fixed on the higher rates. There a lot a business struggling. Love your positivity keep it going. It will come right Know doubt.
No time is the best time and nor the worst time. There are always good buy at any time. Keep in mind, always get the right one instead of the cheap one
Watercare just released red zones around Auckland meaning developers cant start or finish projects until water issues are resolved.
we're recording a podcast about that today
Ed did Andrew dirty on this one lol