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  1. willfong

    We will have a property crash, but this isn’t it! (M. Yardney)

    If NZ population was also 20million to start with and the absolute growth numbers is as above, I'll say 8x times their rate, which is 700% faster. Considering NZ started off at one fifth the base, 800%/5, which is 160%, or 60% faster. :) The key word is we are comparing difference in...
  2. willfong

    We will have a property crash, but this isn’t it! (M. Yardney)

    Of course it's twice as fast. Put it this way, a bank charging you 10% interest is charging you twice as much as a bank charging you 5% interest, the difference you pay is double, not 5%! An investment returning 20% per year is performing twice as well as one returning 10%, the difference in the...
  3. willfong

    We will have a property crash, but this isn’t it! (M. Yardney)

    Same here, just because there might be increase in desperate sellers in some areas doesn't mean it's across the board for the whole of Australia.
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