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  1. #13231
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    Quote Originally Posted by Panda-NZ- View Post
    Those who survive (ie the young) will take up assets, designs/IP for cheap and take it to new heights as it always has been in nz. Rent will be cheaper, commercial and residential hopefully. This will enable some positive changes with tech minded people taking over the leadership positions.

    Boomers on the whole are not that educated (some left without HS) but own the property market.. how rediculous is that. If the domestic talent is not there it can be imported.
    And many of them coming to work for Heartland to design new Open 2 Business and REL tools ? Just wondering about the relevance to this thread !

  2. #13232
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    The property market is relevant also HGH's loans are weighted towards the more older population with their reverse mortgages.

  3. #13233
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    Quote Originally Posted by Panda-NZ- View Post
    The property market is relevant also HGH's loans are weighted towards the more older population with their reverse mortgages.
    Fair enough

  4. #13234
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    Quote Originally Posted by kiora View Post
    The landscape is likely to drastically change from riding house price inflation to protecting capital.Farm investments,primary industries, will be at the other end of the oscillation
    https://www.stuff.co.nz/business/114...fe-investments
    True. However if we want to stop future investment from going straight back into inflating land prices instead of rebuilding businesses and companies, policies may need to change.

  5. #13235
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    Quote Originally Posted by Bjauck View Post
    True. However if we want to stop future investment from going straight back into inflating land prices instead of rebuilding businesses and companies, policies may need to change.
    We already have
    https://www.interest.co.nz/rural-new...d-healthy-dose
    I'm not suggesting inflating capital.I was suggesting for preserving capital

  6. #13236
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    CFO bought some end of last month. Not many so not much of a vote of confidence. If he'd waited till today, he would have got them cheaper.

  7. #13237
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    There’s often adversarial relationships between farmers and bankers during recessions ....even more so in the case of (if beagle is right) depressions.
    Last edited by winner69; 07-04-2020 at 09:50 AM.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

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    HGH up 10.75% today to $1.03, it seems with the leveling off of NZ Covid19 curve and a lower new infection count the market has some buoyancy! I think people let media drive their buying decisions and we have not seen the economic impact at its worst yet. Still too early and we should see March low points hit lower by the end of Q2.

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    Quote Originally Posted by Ecks View Post
    HGH up 10.75% today to $1.03, it seems with the leveling off of NZ Covid19 curve and a lower new infection count the market has some buoyancy! I think people let media drive their buying decisions and we have not seen the economic impact at its worst yet. Still too early and we should see March low points hit lower by the end of Q2.
    Wise words. We haven't seen the economic effects of this virus play themselves out yet. I am really happy with the fact that we appear to be on track with controlling this virus but remain very cautious with the market per se and the tourism, retail and financial sectors especially.
    Last edited by Beagle; 07-04-2020 at 03:27 PM.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

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    Quote Originally Posted by Beagle View Post
    Wise words. We haven't seen the economic effects of this virus play themselves out yet. I am really happy with the fact that we appear to be on track with controlling this virus but remain very cautious with the market per se and the tourism, retail and financial sectors especially.
    Recklessness can cost you dear but prudence will never make you rich

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