Thursday 30 October 2014

The Week That Was In Property - Thursday 30 October, 2014

The week or weekend that was in Property. The latest NOISE when it comes to all things property.

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The Week that was in Property 

 

Thursday 30 October, 2014

Good Morning!

The key property NOISE of the week:
 

Get real: chief's message to young home buyers



Young, aspiring Auckland first-home buyers are not saving enough, says a real estate agency boss, encouraging them to lower their expectations and spend less.Peter Thompson, the head of Barfoot & Thompson who appears in a Herald …read more


 


 


Other Property Noise for the week...

 
 

Farmer sells in disgust at $50k rates

'Horrific" Auckland Council rates of nearly $50,000 a year on land still being grazed  …read more

Andrew Dickens: Intensify inner suburbs, watch city thrive

Sorry, New Windsor. Looks like your secret is out. New Windsor is an Auckland suburb  …read more

Do-up house on small plot goes on market for $629,000

A do-up North Shore property with basic facilities, exposed plywood floor panels  …read more

OCR predictions change

Don't expect to see the Reserve Bank increase the official cash rate this week. However, economists are making significant changes to when they expect the RBNZ will make its next increase …read more

Confidence in agents slipping

Consumers' perceptions of real estate agents have dropped over the last year, a new survey released by the Real Estate Agents Authority reveals. …read more


Plus...

Auckland property – a price too far!



By Alistair Helm

I read with interest the weekend opinion article by Duncan Garner in the Dominion Post titled "I'm an instant millionaire – but can't afford my house".

I have been following Duncan's commentary recently on his radio show and online – his focus is the un-affordability of Auckland property. He comes with a great perspective having lived in Auckland for only a couple of years, moving up from Wellington and thereby being able to make relevant comparisons. I respect and admire his personal crusade as he is right when he says "If you want to buy cheap (and "cheap" in …read more


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Property Noise (NZ)

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