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Auckland - my business partner is far closer to the market there than I am. I could only speak in "macro" concepts that you could probably get from any news site. He's back in the office from tomorrow so I'll sort out a decent reply. New developments - they're still profitable if you can get...

This is normally not an issue. No stamp duty or CGT either ;-)

I'm part of the Property Ventures site that MTR linked to, in fact I authored that email to our investors :-) Full disclosure I found this site today because it showed up as a source of traffic to our site - I can could that MTR is not affiliated with us in any way, but thank you for saying...