Dirt cheap in Auck is different to dirt cheap in Wairarapa. If you have always lived in Auckland, would you want to move to the Wairarapa, where you may have no family? Economic refugees tend to be younger people.
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Here's hoping that the government may introduce policies to help equalize the relative appeal of real estate investment and reduce the Auckland predicament, no doubt facing many, of pouring everything into a very expensive house leaving little for financial investments.
Here's hoping the govt wait until there's a decent pension scheme / retirement investment available before reducing the appeal of property lol
Share price to surge says First NZ Capital
http://www.sharechat.co.nz/article/1...z-capital.html
Glen Sowry really impressed at Housing N.Z. didn't he. The whole organisation is a fiasco.
No doubt a surging MET share price will also be good for Summerset
Just as much upside ....and less execution risk me thinks
In that article appears as FNZC prefer use NTA multiples to value these companies
Yes NTA and/or price book multiples the only realistic way to assess value, esp for those who make next to nothing out of non-building activities
Too much positive stuff for me...this companies SP...trajectory to steep for me...I'm out...good luck...cheers troy