A new worry for the market
Friday 3rd April
Hi
Call me contrary. First it is great to see there is life coming back into the property market. Those of you who follow The Landlord will know that I have been suggesting for some time now that the market isn't dead and it isn't going to fall 30%.
There are just too many factors to suggest that there is a level of support which will keep the market and prices from crashing down.
However, I would suggest that people don't get carried away with this little bit of positive news we have seen in the market.
Finish reading my Blog here to find out what worries the market still faces, and don't forget to post your comments and feedback.
Have a great weekend.
Warm regards
The Landlord
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L A T E S T H O T L I S T I N G
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| $34k equity, 9.7% yield |
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Palmerston North $196,000
1910 style villa with 2 x 2 bedroom flats. Potential to do up and increase rents. Currently tenanted, $365 rental per week. Flat 1 has been renovated and rents at $185; Flat 2 rents at $180. [More]
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Diary Events
Ahead in Property are holding their Advanced Property Investing seminar in Hamilton on Monday, visit the Diary page for more details.
Be sure to check out the Dept of Building & Housing landlord seminars, and all the April PIA meeting dates are now live online.
If you want your event to be listed please email info@landlords.co.nz
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