Residents lax about security
Thursday 11 November 2004
Hastings and Havelock North residents are asking for trouble, leaving their doors and windows open as burglars get busy in Hawke's Bay.
By The LandlordTwelve homes in Hastings, Havelock North and Flaxmere were broken into during the weekend. The burglaries followed nine others in Havelock North since mid-October.
Senior Sergeant Greg Bradshaw said that, in several cases, windows and doors were left open. People going out for the night also left homes dark – an open invitation to burglars, he said. "These clowns just drive around and see there is a house with no lights on."
Read More - Opens in a new window
Commenting is closed
Periods of house price decline are rare and "short-lived", says economist Tony Alexander, amid forecasts of a drop of 10%-15% this year.
The Reserve Bank says the commercial property sector is vulnerable to the Covid-19 crisis. But PMG Funds' chief executive believes that while there’ll be short-term pain, the biggest long-term impact will be structural change.
Banks have not relaxed loan-to-value ratio limits for investors, despite the Reserve Bank's move to scrap LVR rules.