Lies, lies and damned statistics, I love that phrase, especially as I look forward to the aforementioned statistics coming out every month. So why bring this up after 2 years of foisting my musings on you and utilising the same statistics to show you what the market is really doing?
I’m pretty sure everyone is fairly fed up with the negativity surrounding the property market right now so thought I would discuss something from the media from recent weeks regarding real estate agents rather than the market itself.
Hands up if you are fed up hearing doom and gloom about the property market, hmmm, please bear with me I see that I could be counting hands for quite some time.
After my last column where I was extolling the many virtues of Upper Hutt I have to confess to being very happy with all things real estate and the property market in general especially with Spring arriving and the imminent extended daylight savings just around the corner. I rather hoped anyone reading it would be feeling as confident as I am. Since then a number of finance companies have been put into receivership. It appears that the effect of the first couple of finance companies going into receivership has affected further finance companies rate of reinvestments and trying to get new investors joining them.
People Not Property
Hello and may I be the first to wish you a very happy Christmas!