Hi Guys

Sorry I missed you when you were over here Min. Have the car back now.

A couple of points:
1. NZ’s population is increasing. It is now over 4m and increasing. However the increase is mainly coming in the greater Auckland area. Some small areas of the country are also experiencing pop increasing (Tauranga).
However some of the rural areas are going to experience some big drops over the next 10 yrs.

2. The number of people who are renting instead of buying is also increasing. I think that about 32% of the pop now rent instead of own. The reasons why I am not sure of.

3. Comdom it is Invercargill, and the Mayor is Tim Shadbolt nationally renown as the mayor who used to tow a concrete mixer behind the mayoral car. Certainly has done a lot for Invercargill though.

4. The FHG does not exist in NZ. However the Govt has set up a system where low income people may be able to get a loan from Kiwi Bank up to a certain amount. The other banks are not too happy about it.

5. Lots of Aussies have bought residential property in NZ. This is not a problem. However big monied people from the USA in particular have bought seaside property that has views of the sea etc. As one said the sheep don’t care about the view. This land is being devloped into exclusive blocks and onselling to other rich Americans.

6. There are lots of low priced properties listed around the country but most if not all are to be found in small to very small towns. But there are people in all these towns who want to live there regardless.

7. LIM Reports – Land Information Memorandum Reports. Info held by the council that will be supplied for a charge.
Details of land you plan to buy can be obtained from this site. http://www.linz.govt.nz/rcs/linz/pub/web/root/howdoi/howdoi/index.jsp#buying

Regards

Hi Michael

Great article on Auctions in your newsletter.

Would recommend that everyone subsribe to your newsletter.

Regards

Hi Poltergeist

I posted this a few weeks ago. Stop cheating

Regards

Hi Shaun

That house of ill repute you mentioned must be in NZ

Why?

Because the Govt has recently legalised prostitution.

NZ is a third world country which also has alot of cold beer.

Now about Jimmy Barnes and free penicillin shots I am not so sure of.

Regards
Now

Hi Brett

Congratulations on the new addition to the family.

Good to know that all are well.

Regards

Hi Jake

Probably find all you want in this link – 8 pages of it though. https://www.propertyinvesting.com/forum/topic.asp?TOPIC_ID=195

Regards

Hi Jake

1. One good tool is your telephone.
Ring a few property managers and have a chat about the area in which they are based. All sorts of things can be learnt if they think they might be getting your business.

2. Your computer and using the search feature.

3. Again your computer and searching the various postings that have been made. Often web addresses are given.

Regards

Hi Raymond

Welcome to the Forum.

Read the article at
http://www.rba.gov.au/PublicationsAndResearch/SubmissionsToParliamentaryCommittees/productivity_commision_inquiry_on_first_home_ownership.html

and then decide.

Regards

H Bill

Can’t you sleep? I’ve noticed of late a lot more postings coming in after midnight.

Anyway what is NZ BSS please?

A$12500 = NZ$14210 at about A$0.8976c =NZ$1

Regards

Hi George

Welcome to the forum.

Don’t be scared to ask questions. Someone is sure to give an answer or tell you to use the search function at the top of the page.

Also don’t be afraid to print off answers because it can be difficult to find them again on the site.

Now as regards your headache coming on, I’ve found the best answer is to take an aspirin or similar. Then take a lie down and build up your strenght for another go at the site.

Postings come thick and fast at times.

Regards