Quote:
Originally posted by Pennywise
PS, the Govt. taxes and duties DO NOT help at all and real estate agent fees need a MAJOR overhaul...now, there is a business for you RMB. Shake up that mortgage market. Mortgage broking and 1% real estate fees;)
They (govt.) could go along way to make it cheaper and easier for home ownership.
-:DRealestate Agent fees are certainly over the top helping inflate house prices as the vendors asking price+agents 3-4.5% fee on 80% of NZ house sales.
-Can,t see the sale fees ever getting That low,would certainly reduce there numbers;) breeding like rabbits here in Queenstown something like 120 agents to some 20,000 people.
Worst of all is the money there making with alot of them earning well over 100,000 [xx(][xx(]alot more that most of people that are involved in building them.
Think he's talking about Japan [:p]