sharetrader
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  1. #11
    Member
    Join Date
    Apr 2017
    Location
    Palmy, NZ
    Posts
    40

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    Wooh, what happened to Auckland with the whole million dollar price tag stuff we all got told about just a few months ago?
    $865k, now.
    So my initial statement was that Auckland house prices were in bubble territory but it kinda looks like a deflating bust now.... Nah I think Auckland's house prices are going to go down a lot more when you have more motivated sellers trying to get out from under large mortgages.

    After Auckland's leaky building fiasco, (literally I have a family member that wrote the book on that) and the ongoing cheap building materials being everywhere I'd have no faith in off plan apartment purchasing. My $0.02 of course!! I'm not everyone.
    Last edited by Blackrose; 24-06-2017 at 10:12 PM. Reason: word or two disclamer

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