by Vicki Holder
The point when the market starts to change is critical for property investors. Right now it’s time to take stock and listen to advice to check you’re on track for the future. Is it time to sell or to start seeking a bargain? Property experts say it’s a good time for both.
Kieran Trass, of Hybrid Property Consulting (www.hybridgroup.co.nz
"These investors typically fail to realise the slump has historically only revealed a reduction in values two to four years after the ultimate peak of a property boom," he says. "And the current boom may not have even seen its ultimate peak in values yet. So these investors may be waiting until 2005 at the earliest, or maybe even as long as 2008, to see any fall in property values."
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