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  1. 02-02-2015, 07:52 AM #11
    vorno
    vorno is offline
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    Quote Originally Posted by MARKETWINNER View Post
    http://www.scoop.co.nz/stories/AK141...isk-for-nz.htm

    Auckland housing market bursting-bubble a risk for NZ
    There is only risk if the demand disappears and/or the interest rates hike up. Auckland cannot keep up with demand.
    Here's an example from those who rent: http://www.nzherald.co.nz/nz/news/ar...ectid=11394453
    Also, don't forget migration http://www.sharechat.co.nz/article/e...t-economy.html

    ...Ever since the 2011 earthquake in CHCH - prices have gone mad.
    In my opinion, Auckland is the next London - luckily we're no where near their levels yet.
    Last edited by vorno; 02-02-2015 at 07:57 AM.
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