Editorial
Make sure the numbers are right!
As the debate continues between economists and industry players about the state of the property market, there's at least one group that appears to be unconcerned about it. And that's you, the buying public.
Latest figures from the Reserve Bank show that households are continuing to borrow money for housing purchases. In June, borrowing rose more than 15% for the year, with household debt up about $16 billion to $112 billion. If the Reserve Bank is trying to break the back of the housing market boom, there is little evidence of it yet.
The rate of growth in household borrowing has, in fact, been steady for the past nine months around that 15% level.
What the numbers do appear tell us is that while sales levels are slowly dropping from their peaks, demand for properties is still reasonably strong.
And for property investors the message seems to be that as long as they make sure their purchasing and financial strategies are sound there is still room for a dollar to be made.
And that's the crucial call for investors in today's market - make sure the numbers are right.

Regards
Ian Reddington
Editor, New Zealand Property Magazine
www.goodreturnsproperty.co.nz

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Election Special: House of Power - who should be the new tenant? Politicians offer little to property investors.
State Leases - State house tenants, a landlords dream?
Regional Review - Manawatu
Property Strategy - the law according to Lisa
Tenancy Tribunal - Decisions of Interest
Economy - Housing affordability, an alternative view
Accounting - Leaky buildings; legal, accounting and tax pitfalls
Buying Property - Eliminate the risk factors
Investment Strategy - Negative gearing, the good, the bad and the downright ugly
House Grooming - Take advantage of the winter slowdown
Book Shop - the latest property investment titles
The latest Mortgage Rates, Rental Statistics and House Prices
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Housing Statistics
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Mortgage Rates
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Toolbox
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