Sometimes just sometimes your better to be on the shooting star as the tail is hard to get on
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Sometimes just sometimes your better to be on the shooting star as the tail is hard to get on
wall of money coming....?
My mate Jared Dillian said this today ....seems to relate to stocks like OCA
There is something about charts and data that investors find soothing--if it's backed up by numbers, it must be good.
But few investment decisions are driven by quantitative concerns; they're driven by emotion, feelings, and cognitive bias.
Both ANZ and Westpac economists say double digit growth in house prices to continue through 2021
Wonder what CBRE are doing in their models :)
Saw some survey yesterday in the Herald that reckoned 44% of Kiwi expats in the U.K. want to come home. Where will they all live ? If we can't even meet modest Kiwibuild targets we are undoubtedly facing a massive imbalance in housing demand over supply once they can squeeze in through the bottleneck at the border. No wonder economists are so bullish next year.
Maybe there's a market for allowing 60 somethings to live in OCA apartments seeing almost everyone else has a minimum entry age of 70 years ?
First post on the oca thread, and recently brought in so go easy on me.
Will the oca sale prices be adjusted as rapidly as the house prices are changing or is that a slow and steady lagging growth? Just thinking about the housing market growth has an impact on the earnings come January.
I think the results released in January will surpass the markets expectation due to the insane housing market, pent up demand from the shutdown and improving results from the developed sites starting to bear fruit. Oca has been relatively under the radar but I think January could be a real firecracker.
It has an impact downwards, like recently when some muppets devalued OCA estate capital value, so it stands to reason the opposite happens when they realise the muppets were wrong and the cap value needs to reset not just to previous, but to current market. Boom badda boom!!!
Has anyone recently priced an OCA unit of any type and is able to compare it to 6 months ago to say if they have moved with the market?
Last I looked on lockdoem or around abouts they were 440000 in hasting new ones. Then the shot up to 540000 in a short space of time. That was the last I looked
No sign of the “wall of money”. Needing some positive press to drive to next target price. $1.50 - $1.60?