The property market is finely balanced. There is an element of “the emperor has no clothes” as we all wake up to the reality of the credit crisis and the reality that it isn’t over yet
2010
Renting Versus Buying First Home
Filed under: First Home Buyers, Housing Market, Mortgages
Buying your first home will almost always make better sense than renting. That is unless you live with five other flatties, eat baked beans, and have a communal shower. Those are hard economics to beat under any scenario!
Don’t be disheartened by alarming news stories… In fact, this is still a buyers’ market and with some hard work and a bit of luck you can find a great deal
2009
When is a Good Time to Buy My First Home?
Filed under: First Home Buyers, Housing Market, Interest Rates, NZ Economy
“Action may not always bring happiness, but there is no happiness without action.” Benjamin Disraeli, former British Prime Minister.
And so it is that most people will choose inertia and unhappiness over making a decision for fear of failure. I’ve been reading a number of blogs recently on property and whether buying now makes sense. There has been vociferous argument from both sides
As I get older (by the day!) I’m learning that financial commentators are no better at predicting the future than my pet snail Bob. (Bob will likely have a fairly short life because my wife is a gardener and he won’t be able to resist the strawberries.) Has anyone else spotted how often financial commentators
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