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Category Archives: Property
Gareth Morgan on NZ Property
Interesting article today in the NZ Herald by Gareth Morgan, particularly in light of my observations yesterday about NZ property prices… He expresses the view that the recent collapse of South Canterbury Finance is a reflection in part of the … Continue reading
Posted in Economics, New Zealand, Property
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Interesting Property Statistics
Some interesting statistics on US residential mortgages in the Wall St Journal… 23% of all mortgages in the US are underwater – the owners owe more than the homes are worth. The worst state is Nevada where 68.1% are underwater … Continue reading
Posted in Economics, Property
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