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Viewing entries tagged with 'house'

'Auckland house prices can't keep falling'

16 January 2017

Interest.co.nz: Mortgage rates hikes and investor LVR restrictions won't be enough to stop Auckland house prices from growing in 2017, says the Property Institute.  More>

Disclose Register "impossible to use"

5 December 2016

"(The Disclose Register) is almost impossible to use. Even as a professional I struggle top use it to compare funds," said John Berry, a fund manager from Pathfinder Asset Management. Stuff.co.nz.  More>

Treasury has put New Zealand's rising household indebtedness under the microscope

5 October 2016

Treasury is expressing relative comfort with sharp rises in debt that have seen New Zealand's household indebtedness reach record levels - but says there are risks around the more recent decline in savings. And it has an Auckland-specific warning about rising debt levels of new housing entrants. Interest.co.nz. More> 

Insurer Youi fined maximum $100,000 by Insurance Council for dodgy sales tactics

5 October 2016

South African-owned insurer Youi has been fined the maximum financial penalty of $100,000 by the Insurance Council following a disciplinary process over misleading sales practices and has been warned any future misconduct will risk it being ousted as a member. NZ Herald. More> 

How many Big Macs could you buy for the equivalent cost of a median priced Auckland house compared to Melbourne, Sydney and New York?

14 September 2016

Borrowing a leaf from the pages of the famous Big Mac Index developed by The Economist magazine to measure whether currencies in different countries are over or under-valued depending on their Big Mac purchasing power, Homes.co.nz developed its own Big Mac Property Index. Interest.co.nz. More> 

Kiwis' debt pile now exceeds annual disposable income by nearly $100 billion

13 September 2016

David Hargreaves: Kiwis continue to get into hock on their houses at record levels, new quarterly household financial statistics from the Reserve Bank show. Interest.co.nz. More> 

How Minister Smith Could Deal with Land Banking

4 September 2016

The Housing Minister appears to have abandoned his previous housing affordability goals. He wants to see housing prices return to single digit inflation and not fall. This means that the only way to return housing to affordable levels is for incomes to grow faster than house prices. Realistically this will take decades to happen; few of us will see affordable housing in our lifetime. Morgan Foundation. More>

Brian Easton examines the tax incentive mess we have got into with our housing policy

29 August 2016

While housing obviously fills a need – people need somewhere to live – it also has an investment aspect. How this investment is treated by the tax system influences the housing market, and the investment available for other purposes, such as business ventures. More>

Tax and the land bankers

29 August 2016

Bernard Hickey argues a land tax and/or targeted rates would change the expectations of unending tax-free capital gains with low holding costs that is driving a frenzy of land-banking in Auckland. More>