hello lovelies,

OK I read the article (about nZ)
and here is my ‘rebuttal’…hehe

> A house sale in Wanaka was in the news recently. The >owners bought it in 1968
> for $7,500 and sold it for $820,000.

that’s be about right for Paddington, Sydney, too though eh???

> e? It’s not as amazing as it seems.

The media are not as smart as they…[Read more]

one more thing on this point as I recently re-watched the video that had the gurus talking about the market (particularly Sydney, as the speaker was a Sydney developer.)

They first asked the audience ‘what factors drive the market?’ to which people yelled out things like ‘interest rates, the economy, inflation, supply and demand, population,…[Read more]

The Gospel according to seminars and books I have read, is that

banks look at three things – credit history, equity, and income/liabilities.
Banks calculate that you can afford 30 percent of your income on repayments. The LVR goes down (in their favour) in steps as you borrow more (like over 500K and over 1 million.).
If you are borrowing to…[Read more]

I have only recently realised the power of writing down goals with a dead-line against them and the correlation of that simple act with actual success. It’s a well-documented fact!!

Sure, I had plans, I’ve certainly talked them through enough times, but have I written them down? no! Have I put a deadline against them? NO! That was my big mistake…[Read more]

Hi there,

http://www.stats.govt.nz
(statistics NZ website has much more in depth info per area etc)

OK…according to one website the overall makeup is….
European 86%
Maori 9%
Pacific islanders 3%

Sure, you have the Once Were Warriors situations- but that’s about as realistic a picture of the Maori in NZ as a gang movie set in South Central…[Read more]

Hi All
here is my 2 cents worth….

> Wairoa,
Yeah – I was looking there.
Just the other day I saw a property advertised that was showing a staggering 35 percent yield, based on paying the full list price – and if you got it for a bit less, say 10 percent less, the yield would be and even more staggering 39 percent.
Unbelievable. The risks are -…[Read more]

suburbs as in, of cities?
New Brighton in Christchurch, according to the Kiwi Property Investor magazine – can still purchase for around 200K and is poised to go up re: revamping of seaside suburb – I think it will become the ‘saint kilda’ of the South Island – give it a few years.

KPI magazine (kiwi property investor) has all the stats, all the…[Read more]

hi there,

i think it’s great, but also I agree with Neologism. I mean – if you analyse any mortgage over 25 years you’d be paying a horrific amount of interest. But the average lease-option-ee might not know that and get a shock.

cheers-
Mini

http://www.vocalbureau.com

quote:
I have been reading and hearing in the press that the property market will burst?

Hi Marcell, funny that I found this thread directly after writing a huge post on another thread, about this exact same subject. The thing that really caught my eye was your quote above as it is my opinion (after hearing an expert say this at a seminar, which…[Read more]

I feel the same, – the seminars that Steve runs are in my opinion as good as or better than anything Kiyosaki or de Roos would run, (though different in style) and very much better value for money.

If you had unlimited money and you could go to every seminar I think there is benefit in every single one you go to- even if they are sharks selling…[Read more]

hi richmond and aussierogue,

>Mini, as someone who works in a newsroom, you’re spot on >and it’s a continual source of frustration!
hehe, well if we ever meet up I’m sure we will have lots to discuss not only on property but on that subject too!!
Did you read the interview with Dan Rather in Rolling stone not long after Sept 11, the issue with…[Read more]

chandara – same, same!!!

And if i didn’t say hi properly before I meant to, I really enjoy your posts, the one about all your properties was really interesting. Is chandara a man or woman’s name? Trivial question I know. just interested
cheers-
Mini

PS and of course a shout out to the other ‘locals’

http://www.vocalbureau.com

hi there,

>does this translate that it is the rich and powerful that are >influencing the property market prices for their own gain ?

I don’t think so – it makes sense to me that the ‘market’ is driven by owner occupiers as they are the market – not ‘investors’-

>or are they merely trying to create attention to their own >stories about property…[Read more]

I think it’s the media!!!!!!!!!!!!!!!!!!!!!
not an original idea, but one which when I heard, made perfet sense…

Don’t forget, only 6 percent of the market are INVESTORS.

That means that 94 percent of the market is driven by Owner-occupiers.

!!!! Anyone would think it’s the stockmarket around here, the way people talk about booms or busts. I…[Read more]

Hi Muppet, and all,

the internet guy looked through the house, but didn’t take it, he is a cat breeder and … (quoting agent) “but found it was not suitable. The reason being that the shed was a bit small and too far from the house as he needs to keep his male breeding cats housed and heated. I also showed it to another possible but he has…[Read more]

hi jars,

I have seen a couple of the videos of the richmastery seminar, and it looks to be a very good seminar, and in three days you get into quite a lot of detail. Longer days than most seminars too. They seem to mix it up quite a bit, their style is quite energetic.

cheers-
Mini

http://www.vocalbureau.com

hi recovery
well I feel the same as you!
Hey if you wanna change canada to australia, just click where it says ‘profile’, log in, and you should be able to change it

cheers-
Mini

http://www.vocalbureau.com

hi richmond,

haha, will I be scared?
well I was there the other week, if something else comes up at nine I’ll make sure to let you know and maybe you can come downstairs and say hi!
cheers-
Mini

http://www.vocalbureau.com

hi recovery,
yes I did get your email, sorry, I must have read it and not replied, I will reply later on

>i try and get my friends into this PI stuff
>and it is hard going
>I dont think I am a lemming as ypou poited out .54% of the pop >is not herd following

I agree – I mean, I’m the only person in my circle of friends who has a bookshelf full…[Read more]

are you on screen or do you write it for someone else to read???

cheers-
Mini

Are you in the same place where they do Micallef?

http://www.vocalbureau.com