Comments on: Playing the waiting game http://www.landlords.co.nz/blog/playing-the-waiting-game A blog for New Zealand landlords and property investors Thu, 02 Feb 2012 03:38:09 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: pete http://www.landlords.co.nz/blog/playing-the-waiting-game/comment-page-1#comment-586 pete Sat, 22 Nov 2008 20:59:41 +0000 http://www.landlords.co.nz/blog/?p=93#comment-586 what the pesimistic story tellers out there forget to tell you is that there has to be massive building growth in NZ over the coming years to accomidate people migrating here from wealthy western countries and also the fact that people are living longer (much longer) and being cared for at home . so it's a no brainer as far as owning rental properties as they will be in huge demand in the future what the pesimistic story tellers out there forget to tell you is that there has to be massive building growth in NZ over the coming years to accomidate people migrating here from wealthy western countries and also the fact that people are living longer (much longer) and being cared for at home . so it’s a no brainer as far as owning rental properties as they will be in huge demand in the future

]]> By: John http://www.landlords.co.nz/blog/playing-the-waiting-game/comment-page-1#comment-579 John Thu, 13 Nov 2008 21:09:40 +0000 http://www.landlords.co.nz/blog/?p=93#comment-579 I still think it is a great time to buy. Tax cuts. Wage rises. Cheap money, plenty of renters. I also think many NZers will be opting out of Kiwisaver once their year is up, this injecting more money into the economy. Well lets face it, many of the Kiwisaver investments have been crap. I know where I would rather put my money! I still think it is a great time to buy. Tax cuts. Wage rises. Cheap money, plenty of renters. I also think many NZers will be opting out of Kiwisaver once their year is up, this injecting more money into the economy. Well lets face it, many of the Kiwisaver investments have been crap. I know where I would rather put my money!

]]> By: Nick Symes http://www.landlords.co.nz/blog/playing-the-waiting-game/comment-page-1#comment-578 Nick Symes Wed, 12 Nov 2008 06:48:25 +0000 http://www.landlords.co.nz/blog/?p=93#comment-578 why all the doom and gloom. Outside Auckland the prices are cheap compared to other countries and a family on an average wage can afford a comfortable 3 bed place, no problem. With more people entering NZ than going and less houses being built i think prices will not go down much further. If you ask the Housing Association they are crying out for properties to lease. Wages in NZ have gone up, interest rates have come down. NZers should stop worrying about the US and the UK. Turn your TV's off! why all the doom and gloom. Outside Auckland the prices are cheap compared to other countries and a family on an average wage can afford a comfortable 3 bed place, no problem. With more people entering NZ than going and less houses being built i think prices will not go down much further. If you ask the Housing Association they are crying out for properties to lease. Wages in NZ have gone up, interest rates have come down. NZers should stop worrying about the US and the UK. Turn your TV’s off!

]]> By: Alistair Helm http://www.landlords.co.nz/blog/playing-the-waiting-game/comment-page-1#comment-577 Alistair Helm Thu, 06 Nov 2008 10:18:36 +0000 http://www.landlords.co.nz/blog/?p=93#comment-577 Just for clarification the graph you refer to in this post is the aggregation of 7 real estate websites - both company websites and portals that have been active in the past 2 years. The metric for search activity is number of sessions which unlike Unique Browsers can be added. The data is drawn from Nielsen Online - a respected market research firm. In case anyone asks the question why Trade Me property is not included in the statistics. The reason is that in my judgement whilst Trade Me Property has more visitors to their listings than any other website by a factor of 3 - the trends in that traffic have by analysis less to do with seasonality and consumer sentiment and far more to do with the overall traffic on the Trade Me site overall at a point in time. The fact is that traffic to sub categories of Trade Me - eg. cars, jobs, property tend to follow a very steady fixed % of the total traffic to the overall site. Just for clarification the graph you refer to in this post is the aggregation of 7 real estate websites – both company websites and portals that have been active in the past 2 years. The metric for search activity is number of sessions which unlike Unique Browsers can be added. The data is drawn from Nielsen Online – a respected market research firm.

In case anyone asks the question why Trade Me property is not included in the statistics. The reason is that in my judgement whilst Trade Me Property has more visitors to their listings than any other website by a factor of 3 – the trends in that traffic have by analysis less to do with seasonality and consumer sentiment and far more to do with the overall traffic on the Trade Me site overall at a point in time. The fact is that traffic to sub categories of Trade Me – eg. cars, jobs, property tend to follow a very steady fixed % of the total traffic to the overall site.

]]> By: Phillip http://www.landlords.co.nz/blog/playing-the-waiting-game/comment-page-1#comment-576 Phillip Thu, 06 Nov 2008 09:59:02 +0000 http://www.landlords.co.nz/blog/?p=93#comment-576 New Zealanders have to learn to firstly live within their means and then to save. While some do an awful lot do not and until most of us do we will dependent on the savings of other nations, and that is going to get more expensive. New Zealanders have to learn to firstly live within their means and then to save. While some do an awful lot do not and until most of us do we will dependent on the savings of other nations, and that is going to get more expensive.

]]> By: TDB http://www.landlords.co.nz/blog/playing-the-waiting-game/comment-page-1#comment-575 TDB Thu, 06 Nov 2008 09:51:24 +0000 http://www.landlords.co.nz/blog/?p=93#comment-575 I still struggle with the lack of NZ'ers ability to realise that what is happening overseas does impact here ... property will not get better in the short or medium term...prices will continue to fall (get used to it), the economy wil get worse irrespective of the outcome on Sat', and the strategy that NZ needs to adopt is very defensive...property as an asset calss is still relevant, still offers opportunity BUT there is no quick buck, banks will remain tough on borrowers, stressed sellers will accelerate offering opportunity..... hold on to cash m be patient, 6 months down the track property (in the main)will be cheaper...... I still struggle with the lack of NZ’ers ability to realise that what is happening overseas does impact here … property will not get better in the short or medium term…prices will continue to fall (get used to it), the economy wil get worse irrespective of the outcome on Sat’, and the strategy that NZ needs to adopt is very defensive…property as an asset calss is still relevant, still offers opportunity BUT there is no quick buck, banks will remain tough on borrowers, stressed sellers will accelerate offering opportunity….. hold on to cash m be patient, 6 months down the track property (in the main)will be cheaper……

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