so 1.5% on top is a good max to wrk thru for the next 12 months

“Extraordinary Popular Delusions and the Madness of Crowds” ~ Charles Mackay

do you have a web link for this report ? I would think its reasonable especially in Urban areas, look at past property cycles, also a excellent read is More related to financial markets is “Extraordinary Popular Delusions and the Madness of Crowds” ~ Charles Mackay starts with the tulip mania, exact replications of the proeprty booms and the…[Read more]

They have considered this for some time but i think want to protect the level of inward investment (thus why the RBNZ has a 1 percentage point higher int base rate than Aus at the moment) which also has the effect of attracting forex investment. cullen (fin minister) is unpredictable though

hey nah

I agree with Vicki, unfortunately Hawkes Bay has really thrived on the boom and the places where employment is at its greatest, napier, hastings and havelock north have especailly gone thru it check http://www.pmigroup.com.au for there latest report on all areas of NZ, I lived in hawkes bay for 3 years and now live in the UK but have 3 IP’s in lower…[Read more]

to make it clear these are exceptionally good via the 11 second rule

hey nah

where in canada is it i have relatives there who may be able to point you in the right direction for your research

hey nah

dont forget there is a nig oversupply of inner city rentals, which will take some time to shake out, unit then rents will struggle to increase

hey nah

no cpaital gains tax at the moment on property in NZ i am tax resident in the UK so shoudl avoid this,

good call on the fixed interest deals currently they look attractive and limit your unknown risk to vacant tenants

hey nah

I think that in todays climate more than ever you need to find the properties that are going to provide +ve cashflow, otherwise with higher interest rates your cash would provide higher yields in the banks or with a fund manager

hey nah

a word of warning Otago Uni students are a mad bunch with a reputation for destroying rental houses, the houses should be of very solid construction or very cheap to aquire or your investment may start to haemorage cash[comp]