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Forum: New Zealand

Jul 10th 2007, 1:54 am

Replies: 58

Are NZ house prices making NZ a no go country?

Views: 3,255

Posted By Kippers

Re: Are NZ house prices making NZ a no go country?

Good idea.
What about 50%.
That should bring prices down :D

Kip

Forum: New Zealand

Jul 10th 2007, 1:48 am

Replies: 58

Are NZ house prices making NZ a no go country?

Views: 3,255

Posted By Kippers

Re: Are NZ house prices making NZ a no go country?

When was the last time you went to a bank and they said "I'm sorry sir, but we don't have any money to lend today" :confused:
A joke?

Well that's the way it used to be and I'm picking that's the...

Forum: New Zealand

Jul 9th 2007, 11:17 pm

Replies: 58

Are NZ house prices making NZ a no go country?

Views: 3,255

Posted By Kippers

Re: Are NZ house prices making NZ a no go country?

Should the common housing stock be used as way of making money?
There is little state housing and no council housing in NZ, so the average Joe is forced into a property speculator's pocket.

It...

Forum: New Zealand

Jul 9th 2007, 12:16 am

Replies: 58

Are NZ house prices making NZ a no go country?

Views: 3,255

Posted By Kippers

Re: Are NZ house prices making NZ a no go country?

Problem with allowing people to get burned and learn from their mistakes (apart from the social dislocation) is that a boom/bust cycle can be a generation long, so young people will have no memory of...

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