Interest Rates, Property Price, Rent (3/3)

RENT Average rent prices raised 5% from 2015 while inflation (CPI Index) was well control by RBNZ around 2%, bank interest on savings was around 2% and mortgage interest rates around 3%!   This week we look at how much the rent will increase in near future. This is the third part of the Interest Rates, Property Price & […]

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Property Market Update (Week 40-2021)

Property Market Update There were two new announcements recently which I want to explain further in this week post. Both of them will play a key role in how the market work in the short term and long term. The 3rd part INTEREST RATES, PROPERTY PRICE, RENT will be published next week.  As you read in the interest rates post, we […]

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Interest Rates, Property Price, Rent (2/3)

Property Price Average property prices raised 650% over the past 30 years, 150% in the past decade, and 31% in the past year in New Zealand (I encourage you to read it again and think for while).  A lot of people ask me questions about if interest rates go up, if property prices drop or if rent increase in future and how much. […]

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Option A

Option A From 1 Nov. 2021 I highlighted in a previous communication [Be Quick, Banks Changing Regulation] & [Option A or B] RBNZ (Reserve Bank of New Zealand) is looking for a way to reduce the number of first home buyers to control house price which is increasing day to day. RNBZ announce today option A selected but implemented […]

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Interest Rates, Property Price, Rent (1/3)

Interest Rates A lot of people ask me questions about if interest rates go up, if property prices drop or if rent increase in future and how much. Today I will talk about interest rates and in the next 2 weeks, I will share with you more info about property price and rent. Let’s share this blog If you […]

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Option A or B?

Option A or B? I highlighted in a previous email 8 August [Be Quick, Banks Changing Regulation] RBNZ (Reserve Bank of New Zealand) is looking for a way to reduce the number of first home buyers to control house price which increasing day to day. Now RBNZ consulting with a wider community to implement option A or B. Option […]

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Level 4, Property Market & Opportunities

Level 4, Property Market & Opportunities In a crisis, there’s always opportunity. Given that you’re reading this right now, you’re already ahead of others. New Zealand moved to level 4 lockdown last night. Based on previous lockdown experience expected: Less property comes to market in the next couple of weeks because each property needs some preparation before […]

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Be Quick, Banks Changing Regulation

Be Quick, Banks Changing Regulation RBNZ (Reserve Bank of New Zealand) recently announced a new guideline to banks which may impact first home buyers. If you are in process of buying your first home and your initial deposit is limited maybe it is a good idea to fast track your purchasing process and use the current […]

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