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

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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 | Leave a comment