Just wanted to register my chuckle [laugh4] at Chan$’s undoubtedly deliberate reference to “wethers” in this NZ thread.

Ya killing me!!

Raymondo

Hi Everyone,

What a wordsmith our Kay is!! Your Monopoly analogy said it all about the two sides of this debate.

I find myself in the Yack and Kay camp. More by good luck than good management (as well as the passage of time) I’ve found my 2 IP’s – which were poorly researched and backed up by little logic -have become CF+ve [tongue]. Jan Somers…[Read more]

Westan and Rod,

You both suggest +ve CF props as the solution to the concern I raised about not being able to claim the losses on a NZ IP against my Aust income. But isn’t that exactly what you have to do to make an IP CF +ve??

I understand a +ve CF prop to be one in which the income exceeds the costs. That income is made up of the rent PLUS the…[Read more]

Hello All,

This is probably as good a thread to raise this matter on as any – and there have been a few similar threads! Most such discussions are filled with positive views about Aussies investing in NZ.

My interest in doing this was killed by a NZ accountant who pointed out to me that I would not be able to offset taxation losses on any NZ IP…[Read more]

Yack,

I like the fact that you have a plan[], but I reckon there are some flaws in your logic[]. They relate to the growth assumptions built into your figures.
It seems your proposal is something like:

year 0 Buy PPOR at $300k
year 1 Buy 1st IP at $300k
year 3 Buy 2nd IP at $300k
year 5 Sell all three for $1500k

If that’s right, then I make the…[Read more]

HousesOnly wrote:
“8 years of 15-20% CG’s p.a. which are 10-15% above the long-term trend should mean a very large correction is required. The above translates into 160% increase in prices over this period or 120% higher than the long-term trend. In order to return to a normal CG situation, prices would need to at least halve. I dont expect price…[Read more]