Articles In ‘Facts and Figures’ 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 [...]
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 [...]
Rental Prices »
This information is provided by Andrew King from Andrew King Property Services http://www.andrewking.co.nz/rental-price-statistics/ Thank you Andrew for making this information available. Summary: Comparing rental prices of 103 areas for the three months to March in 2009 with 2008, there were 67 price increases and 33 price decreases [...]
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 [...]
Remember the PIE Rule »
2009.03.04 03:28:22 P - Strong Population I - Infrastructure Investment E - Employment Opportunities The PIE Formula is an oldie but a goodie and it is being used at the moment to pick the hot spots in Sydney. The same formula can be used here in NZ, Where do you think the PIE formula would point to as a good investment in this [...]
