News archive for 2003

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December 2003

23 Dec 2003   New 'leaky homes' standards not mandatory

22 Dec 2003   Squeeze the goods when buying advice - Mary Holm

22 Dec 2003   Vendor bidding at auctions must be made clear, says court

22 Dec 2003   Rates on the rise

22 Dec 2003   Taupo Auction

22 Dec 2003   $150m bulk retail deal brings top spot closer

22 Dec 2003   Investors told to avoid big risks

22 Dec 2003   One stage for SH20 extension

22 Dec 2003   Megacentre a waste of time,say developers

22 Dec 2003   Bypass clears its final obstacle

22 Dec 2003   Central Napier enjoying business boom

22 Dec 2003   Subdivision marketing under review

18 Dec 2003   House prices rise 20% in a year

17 Dec 2003   Property on roll around the country

15 Dec 2003   Why Yields Count in Commercial Property

15 Dec 2003   House price record broken again

15 Dec 2003   Tucker buys Leveraged Investor Finance

13 Dec 2003   Landlords & Tenants Deserve Fair & Just Advocates

13 Dec 2003   Smith: compulsory home maintenance law ludicrous

13 Dec 2003   An auction with a difference

13 Dec 2003   Thieves Prosecuted

13 Dec 2003   Easing Off

13 Dec 2003   Increased house prices

13 Dec 2003   Earth will be moving at second Auckland Airpark

13 Dec 2003   Property problems: Steps to stop landowners becoming motorway road kill

13 Dec 2003   BNZ warns of storm clouds gathering round NZ's growing economy

13 Dec 2003   The Secrets Of Property Investment

13 Dec 2003   Interest Rate Hikes Coming

11 Dec 2003   Pero offers the other side

11 Dec 2003   Brickies hit the wall as demand rises

11 Dec 2003   Banks run scared on Waitara leases

11 Dec 2003   Panel probes Money Managers unit

11 Dec 2003   Raising Retirement Age Positive

11 Dec 2003   Bach fetches nearly $1 million at auction

11 Dec 2003   High rise apartments limited to North Shore's CBD

11 Dec 2003   Manukau house prices going up and up

11 Dec 2003   Business leader warns against rising house debt

10 Dec 2003   Banks start to move interest rates

10 Dec 2003   Busy year for AMP trust in vibrant Auckland market

10 Dec 2003   Apartment demand still building

10 Dec 2003   1000-apartment plan for central city site

10 Dec 2003   NZ Home Loans Cheaper Than Oz

10 Dec 2003   Groups fighting intensive housing

9 Dec 2003   Auckland property market easing

9 Dec 2003   BNZ raises floating mortgage rate

9 Dec 2003   Houses Crowd Out Retirement Savings

9 Dec 2003   Land cheaper on Moon than in Whangarei

9 Dec 2003   Hot auction for Hot Water Beach

9 Dec 2003   Council to tighten cladding rules

9 Dec 2003   Port Hills homes rank sixth in the country

9 Dec 2003   Anxiety levels to be tested

9 Dec 2003   Property in, saving out- survey

6 Dec 2003   The Mysteries of Bodies Corporate: A guide to the rights and responsibilities of

6 Dec 2003   Hanover Group at centre of property seminar collapse

6 Dec 2003   Property problems: Unit trusts similar to company investment

6 Dec 2003   Looking down, it's looking up

6 Dec 2003   Finding a good property management company

4 Dec 2003   Council tipped not to certify potential leaky homes

4 Dec 2003   Q & A: Managing monolithic cladding

4 Dec 2003   Builders forgo contracts for lack of staff

4 Dec 2003   Slowdown for listed property

4 Dec 2003   Home owners drive apartment boom

4 Dec 2003   Auckland waterfront land sells for $30m

4 Dec 2003   Population boom fuels Waitakere house prices

4 Dec 2003   South Taranaki revaluations cause concern for councillors

4 Dec 2003   'Happy' with progress towards zero increase

4 Dec 2003   Rates rises slowed in November

4 Dec 2003   Bollard leaves cash rate unchanged

1 Dec 2003   Unit Title Act overhaul

1 Dec 2003   Sections fetch record prices

1 Dec 2003   Boom rockets house rents

1 Dec 2003   High rents pushing more families on to State house list

1 Dec 2003   Housing growth likely to continue

1 Dec 2003   Crowded house

1 Dec 2003   Economists split on whether Reserve Bank will hike cash rate

November 2003

30 Nov 2003   Investment scheme 'too good to be true'

30 Nov 2003   Selling rental properties best solution - Mary Holm

30 Nov 2003   Alexander Speech: Nelson Property Investors Assn

27 Nov 2003   Manukau council buys large chunk of Papatoetoe

27 Nov 2003   Residents warned to be cautious

26 Nov 2003   'Scam' costs couple's home

26 Nov 2003   Waitaki property prices soaring

26 Nov 2003   Rotten luck hits tenant

26 Nov 2003   Property Vs Shares - Mary Holm

26 Nov 2003   Fund investors join forces against ING

26 Nov 2003   Rug businessman takes step into property

26 Nov 2003   Property developer foils IRD GST charges

26 Nov 2003   More Wizards coming

24 Nov 2003   Putting something back

24 Nov 2003   Property prices send moon values skyward

24 Nov 2003   Tokoroa faces reality of timber mill closure

24 Nov 2003   Slums cry greets city housing idea

24 Nov 2003   Whose land is it anyway?

23 Nov 2003   Property problems: Quick partnership fixes when friends fall out

23 Nov 2003   Kiwi Income Property 1st Half Profit Up

23 Nov 2003   Apartment tower plan in Takapuna

23 Nov 2003   Warning on 'bullying' estate agents

19 Nov 2003   South Island leads boom in housing

19 Nov 2003   House prices jump whopping 5.6 per cent in October

19 Nov 2003   Auckland market catching its breath: Trass

19 Nov 2003   Broker defends house sale deal

19 Nov 2003   Dunedin rental market boom forces up prices

19 Nov 2003   Property price boom puts squeeze on house rents

19 Nov 2003   House of the rising sum no more

19 Nov 2003   Landowners turn lawbreakers

17 Nov 2003   New Zealand Rental Property Investing

17 Nov 2003   DIY limit 'not set in concrete'

17 Nov 2003   Broker pinged for misleading claims

17 Nov 2003   Huge penalty in tax case

17 Nov 2003   Albany mall to dwarf them all

17 Nov 2003   Real Estate Agent Changes In Wind

17 Nov 2003   Air to Newmarket's retail throne

17 Nov 2003   Property problems: Builder's threats probably hold no ground

17 Nov 2003   Interest rate rise sooner or later, say economists

17 Nov 2003   Abundance of good economic news gives Bollard a headache

13 Nov 2003   Sellers enjoy good times

13 Nov 2003   Smashing attack on property agent

12 Nov 2003   Interest to pay on low jobless figures

12 Nov 2003   Big site gets $8m for Kiwi

12 Nov 2003   Economists bring rate hike forward

12 Nov 2003   Fixed mortgages heading up

11 Nov 2003   Servicing high-cost loans an increasing burden

10 Nov 2003   Coping with those bumps in the night

10 Nov 2003   'Nightmare' tenants putting landlords off

10 Nov 2003   Auckland Property Market Continues Strong Run

10 Nov 2003   Govt announces overseas investment review

10 Nov 2003   Turnaround in the market

10 Nov 2003   Fire stings absent flatmates with huge damages bill

6 Nov 2003   Greens Seek Prime Land Sale Ban

6 Nov 2003   Property deal turns sour

6 Nov 2003   Cullen Believed To Be Bluffing Over $

6 Nov 2003   RBNZ expected to bide time

6 Nov 2003   Heartland victims doubt boom claim

6 Nov 2003   Your first time?

6 Nov 2003   Million ready to brave the housing bubble (Australia)

6 Nov 2003   Warning for buyers over campus noise

6 Nov 2003   There goes the neighbourhood

6 Nov 2003   Cullen in bid to curb dollar

5 Nov 2003   Care urged over property seminars

5 Nov 2003   Buy house, don't rent, young told

5 Nov 2003   Auckland council cuts loom after leaky house claims

5 Nov 2003   Grand progress at SkyCity site

5 Nov 2003   Shore studies effect of infill housing

5 Nov 2003   North builders too busy for school projects

5 Nov 2003   NZ economy a cut above

5 Nov 2003   Property Boom Boosts Confidence

5 Nov 2003   Property boom hits Whakatane

5 Nov 2003   Developer claims IRD persecution

5 Nov 2003   Property problems: Ratchet clause likely to govern motel's lease

5 Nov 2003   Rates go up and ... away

5 Nov 2003   Think outside the square

5 Nov 2003   Boomer market gets hotter

October 2003

29 Oct 2003   Auckland building company Heartland Homes in liquidation

29 Oct 2003   Newcomer in the money

29 Oct 2003   Roading woes drawback to foreign investor

28 Oct 2003   Row over sale of waterfront land deepens

28 Oct 2003   Backroom deals tie council to airport

28 Oct 2003   Quay residents fear rates hike

28 Oct 2003   Investor confidence leaps

26 Oct 2003   DIY under threat in bill proposal

26 Oct 2003   Auckland Property Association Members letter

26 Oct 2003   Reserve Bank leaves rates unchanged

26 Oct 2003   Who Actually Sells Your House?

26 Oct 2003   Wanaka's boom has downside

26 Oct 2003   Arrest follows rent stand-off

26 Oct 2003   Conviction relieves real estate agents

26 Oct 2003   Rival banks set to woo customers from National

26 Oct 2003   Property problems: Sellers have duties when tenants go wrong

25 Oct 2003   Property Market Lessons

23 Oct 2003   Dolf de Roos widens his NZ portfolio

23 Oct 2003   Granny flats face North Shore axe

23 Oct 2003   Council to review rating policies

23 Oct 2003   Housing market goes off the boil

23 Oct 2003   $1.6 million boost for tenancy services

21 Oct 2003   Real estate investors warned about borrowing

21 Oct 2003   Landlords win court dispute to charge tenants for water services

21 Oct 2003   Property prices take dip

21 Oct 2003   House prices stable for Sept

21 Oct 2003   Property problems: Vacating tenant's obligations blast from past

21 Oct 2003   Doubt Cast On Bollard's Warning

21 Oct 2003   Cheap loans, speculation prop up a rural land prices

21 Oct 2003   Huge demand for building consents and inspections

21 Oct 2003   Property market still hot

18 Oct 2003   Basic Principles Make You a Smarter Negotiator

18 Oct 2003   NZ Housing Market Could Trigger Central Bank Action

18 Oct 2003   NZMBA opposed to Kiwibank scheme

18 Oct 2003   Still dirt cheap

18 Oct 2003   100% Mortgages Reappearing In NZ

18 Oct 2003   Listings shortage

18 Oct 2003   Property Trusts: Has the Magic Gone?

18 Oct 2003   Landlords Fight For Debtor Tenant Info

15 Oct 2003   Property author comments on Bollard's warning

15 Oct 2003   Building law changes will send costs spiralling, says expert

15 Oct 2003   Watchdog wants consumer input in complaint process

15 Oct 2003   NZ markets have peaked, says AMP

15 Oct 2003   Kiwi households taking investment risks - Reserve Bank

14 Oct 2003   Another warning about housing boom

14 Oct 2003   Rent Arrears - information for landlords

14 Oct 2003   Interest rate change unlikely

14 Oct 2003   Govt To Tighten Investment Tax Rules

14 Oct 2003   Tax Change To Encourage Talent To NZ

14 Oct 2003   Boom takes a toll on confidence

11 Oct 2003   Cost of housing hits job market

11 Oct 2003   Warning of big rise in council user charges next year

11 Oct 2003   Rent Tendering Legality Questioned

11 Oct 2003   Don't Blame Property!

11 Oct 2003   Who's Smiling Now?

11 Oct 2003   Housing boom to boom on despite dip in confidence

11 Oct 2003   Study reveals causes of Auckland housing boom

11 Oct 2003   House valuation costs tipped to rise

9 Oct 2003   Deposit guarantee companies test NZ market

9 Oct 2003   New credit laws offer protection for borrowers

9 Oct 2003   Tenants forced to bid for rent

8 Oct 2003   Lack of houses hikes Auckland prices

8 Oct 2003   Crocker backs apartment law change

8 Oct 2003   Mortgages easier in the upper North Island

8 Oct 2003   World's eyes turn to NZ real estate

8 Oct 2003   Fall in floating mortgage rates brings affordable homes

8 Oct 2003   Home affordability plummets in Nelson

6 Oct 2003   Housing scheme 'anti-competitive'

6 Oct 2003   Investors squeeze out first home buyers

6 Oct 2003   How to Manage the Most Important Risks of Investing

4 Oct 2003   Pair liable after flatmate's alleged drug-fuelled rages

4 Oct 2003   House for rent

4 Oct 2003   Building boom puts strain on workforce

4 Oct 2003   Mackenzie values rocket up

4 Oct 2003   Growing taste for city living

1 Oct 2003   Shutting door to brothels

1 Oct 2003   Mt Wellington quarry centre of next housing boom

1 Oct 2003   Investors Warned Over CDOs

1 Oct 2003   Housing consents hit a high

September 2003

30 Sep 2003   New rules add to DIY cost

30 Sep 2003   Boom time for New Brighton

30 Sep 2003   Boom in house-building strongest since 1970s

28 Sep 2003   Cheap houses becoming scarce

28 Sep 2003   Home buyers form queue for best school zones

28 Sep 2003   Reserve Bank must stop muscular kiwi going for broke

28 Sep 2003   Aggressive banks drive housing boom

28 Sep 2003   Splitting the profits

28 Sep 2003   Interest rate trends

28 Sep 2003   Holes In The Sales (Australia)

28 Sep 2003   The Wrapping Debate (Australia)

28 Sep 2003   Muriwai property prices out-soaring the gannets

28 Sep 2003   Case study 2: $380,000 buys a foot on the property ladder

28 Sep 2003   Table: Changes in house prices

28 Sep 2003   Case study 1: Unloved home fetches $1 million

28 Sep 2003   Jumping on the runaway real estate bandwagon

28 Sep 2003   Home building, household spending strong

28 Sep 2003   Housing bonanza biggest in 20 years

28 Sep 2003   Property problems: How to tackle spiralling body corporate costs

24 Sep 2003   Tax change could snare homes in family trusts

24 Sep 2003   Houses still selling quickly

24 Sep 2003   Law change will help landlords

24 Sep 2003   Mortgage scheme draws hundreds of hopeful buyers

24 Sep 2003   Call for interest rate cut

24 Sep 2003   Local housing price rises ease

22 Sep 2003   Gloomier view of growth rates

22 Sep 2003   NZ's Urbus Sells 3 Wellington Office Blocks for NZ$23.4M

22 Sep 2003   Mortgage Interest correction - Mary Holm

22 Sep 2003   Rumblings over Eastern Corridor

22 Sep 2003   Aussie sceptic speaks about scams

22 Sep 2003   Holiday homes big earners for Taupo

21 Sep 2003   Landslip threatens Raglan properties

21 Sep 2003   Syndication allows investment in 'trophy' properties

21 Sep 2003   Property problems: Tenant may have to keep shop open longer

21 Sep 2003   Shortage of affordable housing takes toll

17 Sep 2003   Rogue tenants spur landlord to call for stricter rent laws

17 Sep 2003   Demand booms at seaside

16 Sep 2003   Feeling Wealthy? Be Wary

15 Sep 2003   Housing boom: blame the new neighbours

14 Sep 2003   Expect a pitch, and watch the promises

14 Sep 2003   New heights

14 Sep 2003   For best results, take a combination approach when selling

14 Sep 2003   Hot property - handle with care

14 Sep 2003   Building boom thunders on

14 Sep 2003   Family wins landlord's apology

9 Sep 2003   Language school closure 'warning' to landlords

9 Sep 2003   Large apartment blocks at risk

9 Sep 2003   House buyers warned of price fall

9 Sep 2003   Property Vendors In Box Seat

9 Sep 2003   Land boom puts heat on buyers

9 Sep 2003   Shortage driving house prices up

9 Sep 2003   Building stats show no ease in construction boom

6 Sep 2003   All about mortgage brokers

5 Sep 2003   Talk to your lawyer

5 Sep 2003   Banker warns on home boom

3 Sep 2003   When Emotions Steer Investment

1 Sep 2003   Rent for fun, buy for the future family - Mary Holm

1 Sep 2003   Funny housing consents number

1 Sep 2003   Steady as she goes on interest rates

1 Sep 2003   $1 billion record for 'quiet' housing month

August 2003

26 Aug 2003   NZ property market keeps rising

26 Aug 2003   The Property (Relationships) Act

25 Aug 2003   How to Benefit from the Cullen Fund

25 Aug 2003   Village zones get Queenstown okay

25 Aug 2003   Signing on the dotted line

24 Aug 2003   Landlords get more power

21 Aug 2003   Aussies look into NZ for investment

21 Aug 2003   Buoyant Auckland market leads house prices up

17 Aug 2003   Serene, remote - and yours for $14.75m

17 Aug 2003   Add insurance rider to that house deal - Mary Holm

14 Aug 2003   Floating rates sink

14 Aug 2003   Super fund shock for market

14 Aug 2003   NZ market makes Australia jealous

11 Aug 2003   Follow the 'smart money set'

10 Aug 2003   The big squeeze

10 Aug 2003   Govt moves to put real estate house in order

4 Aug 2003   Home boom rolling on

3 Aug 2003   Seekers of Property Gains Beware - Mary Holm

3 Aug 2003   Urbus Properties must earn investors' trust - Brian Gaynor

3 Aug 2003   Diversify the golden rule

3 Aug 2003   Govt home loan scheme OK'd

July 2003

28 Jul 2003   Investment property buying tips

28 Jul 2003   House price rises to settle down to single figures, say experts

28 Jul 2003   Landlord 'let down' by the law

28 Jul 2003   Kiwi Income Property Trust - Past & Present

28 Jul 2003   Bollard gives a bit but signals warning on house prices

22 Jul 2003   Rate cut picked for Thursday

22 Jul 2003   Fewer migrants coming to NZ

22 Jul 2003   All about cross-leasing and subdividing

19 Jul 2003   It's Time to Resist the Gadgets

19 Jul 2003   NZ median house price steady, sale volume falls in June

19 Jul 2003   Residential rental property offers best returns - survey

17 Jul 2003   Property Bubble Or Boom?

16 Jul 2003   Scam warning over property seminars

15 Jul 2003   Conveyancing fees no laughing matter - Mary Holm

15 Jul 2003   Housing market is abnormal: expert

15 Jul 2003   Firms demand leases that exclude students

9 Jul 2003   More heat left in the market: Trass

9 Jul 2003   Cutting observations on Reserve Bank policy

7 Jul 2003   Property not a bubble about to burst - Mary Holm

7 Jul 2003   Housing market in great shape

7 Jul 2003   Housing in "risky" stage of cycle

7 Jul 2003   Out of reach for so many

7 Jul 2003   Cuts in interest rates lift housing market

2 Jul 2003   Property Investment: A Hardy Perennial

1 Jul 2003   What does it cost to sell a house?

1 Jul 2003   Breathless house market no bubble say economists

1 Jul 2003   Property: Lawyers lose conveyancing monopoly

1 Jul 2003   Radical home finance plan to slash costs

June 2003

25 Jun 2003   Aussie investment property tax concerns not mirrored in NZ - IRD

25 Jun 2003   Govt to clamp down on buyback schemes

19 Jun 2003   Increase Your ROI

19 Jun 2003   Investment Dogs!

19 Jun 2003   Retail & Industrial Hot Property

19 Jun 2003   Don’t they know it’s winter?

9 Jun 2003   A property price bubble

5 Jun 2003   Reserve Bank delivers rate cut as expected

2 Jun 2003   Gov't Protects Deadbeats' Privacy

2 Jun 2003   Investing in property

2 Jun 2003   One pub, one shop and a housing boom

2 Jun 2003   Doubts and housing point to interest cut

2 Jun 2003   Craze for house auctions sets clean-up code on way

2 Jun 2003   Home truths

May 2003

27 May 2003   When did Aucklands Property Boom really begin?

27 May 2003   Govt announces building law changes

27 May 2003   Even more evidence of the boom

25 May 2003   Buying and investment property

23 May 2003   Slowdown - what slowdown?

23 May 2003   Council to sell about 70pc of its leasehold land

23 May 2003   The Property (Relationships) Act

23 May 2003   New records for residential real estate market

20 May 2003   Rent-to-buy couple compensated

19 May 2003   AMP encourages Kiwis' appetite for property

17 May 2003   Interest rates likely to fall

13 May 2003   Wellington Residential Report

13 May 2003   Safe as houses

13 May 2003   Did the RBNZ get it wrong?

13 May 2003   March housing consents hit a 26-year high

4 May 2003   North Shore rental properties cost top dollar

2 May 2003   Rates to head in opposite directions

April 2003

28 Apr 2003   What the future holds

28 Apr 2003   RBNZ cuts rate

28 Apr 2003   'King Con' property dealer operating in NZ

23 Apr 2003   Record breaking March for house sales

23 Apr 2003   Home affordability stablises

22 Apr 2003   Tough call on OCR this week

20 Apr 2003   Housing affordability - Nelson 2nd behind auckland

19 Apr 2003   Homeowners warned of $20m bill for leaking village

19 Apr 2003   Trusts not bullet-proof for asset protection

18 Apr 2003   Tenants under pressure

18 Apr 2003   Cost of house building set to rocket in the Far North

16 Apr 2003   Lenders tweak interest rates

13 Apr 2003   FREE Tenancy Services Seminars

13 Apr 2003   Apartment boom transforming CBD

13 Apr 2003   Poor bearing brunt of housing shortage

13 Apr 2003   Trass takes a contrary view on the property market

13 Apr 2003   Lianne Dalziel: Address to Master Builders

9 Apr 2003   Property: The New Zealand love affair

7 Apr 2003   Construction ministry to solve building woes

6 Apr 2003   Property-buying frenzy may come to an end

3 Apr 2003   Real estate body clamps down on rental services

1 Apr 2003   Australian property firms a haven in wary markets

March 2003

31 Mar 2003   Property as safe as houses

31 Mar 2003   pre-cast concrete high-rise buildings could be death traps

31 Mar 2003   Housing market prediction

31 Mar 2003   Auckland: Up to 21 per cent rates rise

31 Mar 2003   Buying leasehold Apartments or Properties

26 Mar 2003   War ends fixed loan rate falls

24 Mar 2003   2002 commercial property returns still strong

24 Mar 2003   Capital property market continues rising

24 Mar 2003   Dream of an urban paradise

24 Mar 2003   House prices keep rising

19 Mar 2003   Auckland: Embracing Inner City Living

17 Mar 2003   Move to bring boarding house operators under net opposed

17 Mar 2003   Building reforms overkill: owner

17 Mar 2003   Property Management: Rare payout protects landlords

14 Mar 2003   Auckland city enjoys rapid office growth

13 Mar 2003   Interest rate cut may be further out

13 Mar 2003   Home ownership plan slammed

13 Mar 2003   Nelson House prices still climbing

13 Mar 2003   New government proposal aims to protect home owners

7 Mar 2003   Wanganui: Good time, place for house buying

7 Mar 2003   Auckland: Apartment demand holds

7 Mar 2003   Timaru real estate market in great shape

6 Mar 2003   Official Cash Rate - unchanged

3 Mar 2003   Housing boom in the south

February 2003

24 Feb 2003   Nelsons rental shortage at crisis point

24 Feb 2003   Govt Heeds Landlords' Call to Direct Credit Rents

24 Feb 2003   NZMBA unhappy with Consumer story

20 Feb 2003   Houses prices up $125 a day

18 Feb 2003   WANTED! Interesting / bad / horror tenant stories

18 Feb 2003   Take a tip from market yield

15 Feb 2003   Government fund may replace leaky building insurance

12 Feb 2003   Housing indicators point upwards

11 Feb 2003   Property prices jump 4% at Mount Maunganui, Papamoa

11 Feb 2003   Central Otago's property boom spreads

10 Feb 2003   Property market will survive test: REINZ

5 Feb 2003   Ca'Bella in receivership - $30m work on 5 projects stopped

5 Feb 2003   House prices ease but it's not a slump

5 Feb 2003   Christchurch house market takes off

5 Feb 2003   Owner wins in leak dispute

January 2003

29 Jan 2003   Metropolis Bondholders likely to lose half their capital

29 Jan 2003   Thinking big can be good - but diversify : Mary Holm

29 Jan 2003   Investors switch focus - Where's the return? And where's the risk?

24 Jan 2003   No one can tell when bubble will burst : Mary Holm

24 Jan 2003   Failures hit holiday resorts

23 Jan 2003   Mortgage rates unlikely to rise this year

22 Jan 2003   Housing market cools in December

16 Jan 2003   Auckland - an overview of its suburbs

16 Jan 2003   Leaks drive developer to central-city tower

16 Jan 2003   Developer chases rental returns guarantee

3 Jan 2003   Calmer year predicted for property

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