Hi Claire and Dave

Just sligtly off topic but I bumped into a group from Alice Springs at the October Sydney Masterclass. Sounds like the go-getters from the red centre are go-getting!

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I think you personally will be welcomed but your advertising nickname will not. The FAQ clearly states that advertising is not allowed here. Maybe you should take a look at the FAQ and play around with the site search engine before you want to post a question under your new non-advertising nickname.

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Ive suggested for a forum I moderate in (with many thousands of users) that there be a Search and FAQ exercise rolled into the registration process. Account only becomes active after a demonstrated ability in both activities has been completed.

“Use the search fucnction to find how many results when the word Masterclass is used” The exercise is coded to count how man results pop up (dynamic) and bob’s your uncle…

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Dangermouse by name, dangermouse by nature it seems. I hope people here can help you with your questions. I’ll be looking on in interest as part of my preperations for my NZ trip. Though I think I’ll be asking the questions before I go [lmao]

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I dont think Monopoly was saying the growth came from LOTR, just the international attention to the country.

Here is what the NZ Reserve Bank governor said about the NZ property market this year.

http://www.rbnz.govt.nz/speeches/0156216.html

Demand for most kinds of properties over recent years seems to have outstripped increases in supply — prices and rentals across most property classes have generally been moving upwards and vacancy rates downwards. We can attribute much of that strength directly to developments in the broader economy. Whilst it hasn’t been all plain sailing, this year the New Zealand economy entered its fifth year of unbroken growth. Just as that expansion has drawn heavily on the economy’s surplus labour and productive capacity, so too has it fuelled the demand for property. When you consider some of the causes and consequences of that growth, it’s not hard to see why the property sector has fared pretty well over this period. Some of the following statistics may help to put some perspective around the demand for property. Since 1998/1999, when the business cycle caused by the Asian crisis and drought bottomed out:

the total output of the economy has expanded by about 20 per cent;
the volume of retail sales has expanded by about 25 per cent;
export volumes have risen by nearly a third, driven heavily by the primary sector;
the annual operating surplus in the agricultural sector has risen, in real terms, by around 35 per cent;
the number of people employed, either full time or part time, has increased by around 220,000;
net immigration has added 67,000 new people to the normally resident population, and when increases in foreign students and those here on work permits are included, the figure is considerably larger still;
the annual number of tourists visiting New Zealand has risen by nearly 1 million; and
there are about 40,000 more business units now operating throughout the country across a variety of industries.
Clearly all of that will have helped to fuel the demand for property in some way

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A race also has a finish line….a journey may not

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Heh now I know what Steve feels like (or maybe not).

Maybe it was just me, but isn’t the whole book about …. let me put it this way, one MAP couple at the Masterclass today said they only look in two council areas closest to them and still have way too many properties to evaluate properly in a week (of course they dont buy every one they look at). This clearly demonstrated to me the underlaying principal of the whole book is that in today’s market, finding the problem property and solving the problem is where the profit/cashflow is, not looking for it on a plate in a particular town.

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*puts hand up as someone who is thinking of buying*

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