Articles In ‘In My Opinion’ Section
Building Consents Increase Offers Some Hope »
One of the signs that a recession may be coming to an end is renewed confidence in the construction sector. This sector is hard hit during recessions but construction companies and developers are aware that profits can be made as economic growth resumes again. Seasonally adjusted housing consents for February, excluding apartments, rose to [...]
Should I Pay Cash »
The following is a post I replied on at a popular property forum. The answer from one member illustrates just how dangerous it is to take advice from places such as forums. Aidan1 Very basic question here - I realise leverage is a big component in property investing but just wondering if it makes financial sense at all to buy an investment [...]
7 Positive Things About Property Investment »
There is a lot of things to consider when investing in property. The first of these is what are the objectives of your investment; is it to generate long term growth or is it to provide an additional revenue stream? This is a question that only you can answer however here are some of the reasons why Property Investment is so attractive to so [...]
Record House Prices »
In a news release today Peter Thompson, Managing Director of Barfoot & Thompson, made the comment that the average February house sales price was a record $521,323. "The average house price in February increased by 3.2% on January," he also said. For the past two years, the average February price has been between $10,000 and $20,000 below [...]
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 [...]
Property Partnerships a Smart Way to Home Ownership »
As house prices continue to rise, particularly in Auckland and Wellington, it is becoming increasingly difficult for single people to purchase a dwelling. One hundred percent, no deposit mortgages, or even 95% low deposit home loans have all gone. Another alternative for two people, be they friends or siblings, is to form a property [...]
