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  1. #211
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    http://www.nzherald.co.nz/business/n...ectid=11447214
    Not before time. Those who are buying a residential property to actually reside in should be given preferential treatment.

  2. #212
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    Quote Originally Posted by Roger View Post
    Well that lying len brown has well and truly shafted Aucklanders with his election promise of rates being kept to a rise of no more than 2.5% per annum. What a ****ing weasel...dressing up a massive rates rise as a transport levy is not keeping your promise your arrogant little man . What did we expect from this low life that can't even keep his marriage vows. This weasel is a true rodent.
    Don t hold back Roger..... But have to say I totally agree with every word !

  3. #213
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    WIll the new rule make any impact on the property market? Will the prices start to decrease when it comes into effect in october? Or even earlier? Or nil?

  4. #214
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    Quote Originally Posted by baller18 View Post
    WIll the new rule make any impact on the property market? Will the prices start to decrease when it comes into effect in october? Or even earlier? Or nil?
    Well, let me put it to you this way... you can side-step a turd but you can't avoid the freeway.
    We've had Net ~50,000+ move to NZ in the last year vs less than 10,000 new homes built in AKL. It is fair to assume that at least 50% of those moving to NZ will settle in Auckland.

    Therefore, both rent & house prices will increase.

  5. #215
    Speedy Az winner69's Avatar
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    http://www.stuff.co.nz/life-style/ho...lls-for-677000

    Suppose a decent piece of land in a desirable part of town

  6. #216
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    Quote Originally Posted by winner69 View Post
    http://www.stuff.co.nz/life-style/ho...lls-for-677000

    Suppose a decent piece of land in a desirable part of town
    It will be interesting to see if there is a scramble for property before the new rules come into play...

    The item mentions the RE agent saying that overseas investors are willing to pay "just about anything " for AKL property. What is still needed...more than the the RB and budget new requirements is a stamp duty on off-shore purchases or a residential requirement...restricted to Auckland if necessary.

  7. #217
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    Quote Originally Posted by dino4abcoach View Post
    Suppose a decent piece of land in a desirable part of town

    Ha Ha as long as the wind is blowing the right way
    real estate agents are selling mangere bridge as the new ponsonby,
    those of us that live there know its just mangere
    but the guy is going to build a huge 8 bedroom (I think) mansion on this desirable site

  8. #218
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    Auckland housing bubble is great threat to the economy and banking system in the country.

  9. #219
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    Quote Originally Posted by dino4abcoach View Post
    Suppose a decent piece of land in a desirable part of town
    Ha Ha as long as the wind is blowing the right way
    real estate agents are selling mangere bridge as the new ponsonby,
    those of us that live there know its just mangere[/QUOTE]


    Lol, don't u forget though, 20 years ago ponsonby was mainly state houses, they were cheap as dirt compared to epsom, mount eden and remuera...
    Not saying that mangere will ever reach the level of ponsonby, but the outer skirts are increasing in price by a lot

  10. #220
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    Quote Originally Posted by MARKETWINNER View Post
    Auckland housing bubble is great threat to the economy and banking system in the country.
    You keep saying it's a bubble? BUt how? You have not stated any good facts to back it up?
    Doing a lot of research on the irish house bubble and comparing it to the akl property market, there are a lot of differences, huge differences...
    The number of immigrants is not even on par...
    Then there is the supply and demand problem for ourselves not even accounting for the foreigners...
    I just don't see a bubble, maybe a correction, but a bubble?
    Last edited by baller18; 18-05-2015 at 02:43 PM.

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