A meaningless small rise in the interest rate (if one appears) coupled with little increase in the jobless figures means the chances of a HPC are even more remote.
We will look to live in near Aukland where prices seem to be holding firm (and are quite a bit higher than the south island obviously).
I find "trade me" quite a useful way to look at property.
old blubbypants used to swear by the builders shares prices being a lead indicator for future house prices.
I never thought this to be true, but how are these shares doing?
Where is old Blubbypants when you need him? He recently sold his 8 or 10 Hong Kong properties.
Property in Hong Kong has recently (in the last 6 months) returned to its highest peak.
Theres a mother of crashes waiting to happen right here.
Now is not the time to invest in Hong Kong property.
£260,000 in Tunnel Avenue, London SE10
http://www.rightmove.co.uk/property-for-sale/property-31116620.html
Its on the approach road to the Blackwall Tunnel.