boom

  1. J

    Auckland higher deposits required

    The New Zealand Reserve Bank announced yesterday that investors buying properties in Auckland city will require a 30% deposit if a mortgage is wanted from a commercial bank (eg ANZ, Westpac etc). A 20% deposit was introduced last year nationwide. This is scheduled to apply from October this...
  2. Richard Feynman

    How much steam does Sydney have left?

    I'm curious to see what folks reckon. How much growth do Sydney dwellings have left in this cycle before things taper off? Having experienced a pretty flat decade preceding this run, investor loans at all time highs, more and more SMSFs being set up and with a second rate cut (March/April)...
  3. 4

    Would you consider, Reverse Mortgage today!!

    I just went through this article... http://www.bloomberg.com/news/2014-09-29/why-financial-advisers-still-hate-reverse-mortgages.html And, if you are willing to deliberately ignore, all the following factors, i. Rates going to increase or decrease ii. Markets going to boom or bust...
  4. Results

    'Crack the Property Code' Workshops

    Hi all, We though we let you know about the exciting workshops that we are doing around the country this February and March. You will be able to hear from two of Australia's foremost Property Mentors - Simon Buckingham and Brendan Kelly - along with Australia's Leading Independent Property...
  5. W

    Boom and Builders Insurance......

    Hi Guys My partner and I are about to sign a contract for a house and land package with Boom properties (anyone know anything about them, good or bad?) and AHB (likewise?). A couple of things that we're now wondering as we get deeper into the contract... Should we get insurance over and...
  6. H

    Victoria's homes bonanza

    http://www.heraldsun.com.au/news/victorias-homes-bonanza/story-e6frf7jo-1225777055655 Is it really booming again? And how about the house in Ringwood - "And a three-bedroom brick veneer in Ringwood sold for $701,000. It was on the market at $500,000." I think this spells great things...
  7. K

    The Right Type of Boom

    Following on from The Wrong Type of Boom Today, in 2009, we have good fundamentals - low IRs, tight rental market, little growth for several years, little extra supply because of low number of new homes built lots of extra demand through population growth high affordability (v. high...
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