by The Landlord
It’s hard to avoid the hype, hyperbole and anxiety of the property boom.
Whether you’re a frustrated first-home buyer, a renter or a property investor everybody is watching the Great Housing Spectacle.
It’s like a magnificent multi-dimensional, coloured rocket soaring to dizzyingly, uncharted heights.
Yet the fuel propelling all of this is potent and potentially explosive: surging migration, restricted supply, low interest rates, aggressive bank lending and access to cheap money.
The Reserve Bank’s macro-prudential measure – 40% LVRs for investor lending nationwide – brings yet more uncertainty to an already unsettled market.
Most economists don’t believe this equals an impending crash, yet are agreed a downturn in prices to varying degrees is coming between 2017 and 2020.
In the August issue of NZ Property Investor magazine, our journalist asks industry leaders where we are in the property cycle and how to strategise for changes in the market.
To find out what they have to say, click here to get the digital issue of NZ Property Investor magazine.
Subscribe to NZ Property Investor magazine here to get great stories like this delivered to your mailbox every month.
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