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Search: Posts Made By: McLeod
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Forum: New Zealand
May 6th 2015, 6:34 am
Replies: 19
Views: 1,633
Posted By McLeod

Re: affordable homes?

It has happened all around the world, because of these same reasons.

I dont get why people seem to think NZ is any different or somehow exempt from it.
Forum: New Zealand
May 5th 2015, 1:37 pm
Replies: 19
Views: 1,633
Posted By McLeod

Re: affordable homes?

Exactly this! People do not live forever.
Forum: New Zealand
May 4th 2015, 9:54 pm
Replies: 19
Views: 1,633
Posted By McLeod

Re: affordable homes?

There has to be a crash if nobody can buy the houses on sale, then people are stuck in houses they cant sell, while potential buyers cant buy anything and are stuck - or move out of the area.
...
Forum: New Zealand
May 4th 2015, 8:22 pm
Replies: 19
Views: 1,633
Posted By McLeod

Re: affordable homes?

It will crash at some point. Lots of expensive houses that nobody can afford. Nobody can sell because nobody is buying.

Its what happened in the USA and UK. Its a situation deliberately created by...
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