Articles In ‘Boom vs Bust’ Section
Tauranga, Auckland Among World’s Most Pricey »
This particular article caught my eye in the Herald today probably because of the fact that 3 of the places they talk about i.e Tauranga (basically the Mount), Auckland and the Gold Coast are where I am based. The article follows and I have interjected occasionally with my comments in italic and preceded with tpr: Tauranga is in the top 20 [...]
Australians Get Ready For Next Boom »
An interesting article that came across my desk today; I say interesting because this has come out a day after the RBA increased the official cash rate. It reminds a little of a comment someone made in a blog I was reading which made me cringe, the guy said " The share market has gone up today so I think I might get in and buy some".... [...]
Property developer pleads poverty »
Property developer pleads poverty By GARRY SHEERAN - Sunday Star Times | Sunday, 01 February 2009 Property developer Dan McEwan is claiming debts of more than $100 million as he faces sentencing for breaking the Securities Act with two property schemes. The criminal convictions - two against McEwan personally and a further three against [...]
Scarcity »
The number of new property listings declined for the third month in a row, with listings in May dropping a further 5 per cent on April, according to the property website Realestate.co.nz. The website's monthly NZ Property Report showed only 9993 new listings were added to the market in May, 29 per cent down on the same figure for May 2008, said [...]
Excerpt from Trumps Book »
Trump: Think Like a Billionaire: Everything You Need to Know about Success, Real Estate, and Life Trump: Think Like a Billionaire by Donald J. Trump with Meredith McIver - Paperback – Random House - Excerpt Chapter 1 PART I Real Estate When people hear the name Trump, they think of two things: wealth and real estate. So [...]
How did the Global Financial Crisis Happen? »
10 Points to Get You Up to Speed Confused about the "Global Financial Crisis"? Read the 10 points below to get a good overview of what happened. 1. Between 2004 and 2006 interest rates in the US rose from 1 percent to 5.35 percent. Homeowners began defaulting on their mortgages, particularly ‘sub-prime’ loans (high-risk loans to people with [...]
