Monday, 7 March 2016

Bonus Quote of the Day: On house prices


“High house prices relative to incomes don't in themselves
pose a threat as long as interest rates remain low.  The
consensus view is that interest rates will head lower this year
and remain quite low.  Unfortunately, the consensus view is
more often wrong than right.”
    ~ Rodney Dickens, from his latest report


1 comment:

  1. Wife and I have just bought a couple of extra houses so I will wager that everything to do with housing will turn to crap. Aucklanders are active in Wellington now so the market is quite brisk where we live - not sure about other areas.


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