Brian Dalley is a qualified NZMBA Mortgage Broker, Property Investor and former Real Estate Agent.
You can read more of his views and opinions on his website propertyprofit.co.nz
“Over the next decade, New Zealand will have a housing shortage of some 95,000 homes. Now we are facing a shortage of 70,000 homes.”
I question this statement, as where are all these people supposedly residing now. Is there really that much overcrowding in New Zealand?
Not being shy at coming forward I am starting to wonder if there is anyone in the beehive that knows what they are doing.
Sure, 2011 is going to largely mirror 2010 and that was evident last year.
If I told you I could build you an upmarket 1brm unit for $65,000 in any area of the country would that interest you? I guess for many the answer would be yes!
This would be achievable if the government made one simple change to the rules.
Well another year draws near to end with an unblemished record. For over a decade, my predictions have been right on the nail.
Justification for being a little smug? Not really.
For years economists and government have been banging on about the amount of debt per head in this country without really offering a solution and consequently the economy came tumbling down.
Little wonder when you have some Real Estate agents charging 1% commission whilst others are changing 4%.
No more 'state house for life' under new plan.
State house tenants could be evicted if the Govt deemed they no longer needed cheap accommodation, under a new plan proposed by Housing Minister Phil Heatley.
It has been reported there are over 10,000 people on Housing New Zealand’s waiting list. In fact, the Government taskforce’s housing report reported a shortfall of 70,000 houses.
Gateway Housing Assistance, KiwiSaver home ownership assistance, Welcome Home First Steps, the Housing Innovation Fund and the Tenant Home Ownership Programme.
Not one workable solution!
The weather is changing, the flowers are flourishing, the birds are singing, the sun is putting the spring back into our step. Will this help revitalise the wilting real estate market?