Wednesday, March 11, 2009

At A Glance

Meeting



There is potential everywhere you look

The NZ Herald's weekend property magazine, Home truths column of 7 March 09 stated that economists are unanimous that the central bank will again cut its cash rate. Now of course we have the potential to believe that economists agree. The column did go on to advise that the economists did not agree on the amount of the point cut. So who do we believe as to the extent of the recession? And now is probably a good time to throw in an old joke, economists have forecasted 9 out of the last 5 recessions.

New Zealand proudly boasts one of the highest home ownership rates in the world advises the NZ Immigration Service in their Immigration Packs, regarding the cost of living. Of course for new New Zealanders there is the potential to believe that the cost of living in Aotearoa is of such a standard that is too good to miss. And we would concur regarding lifestyle, but if we are to be realistic, our home ownership rating's when compared globally may see a fall over the next few years, based on the cost of living.

On a light hearted note we know that the cost of living, has never affected it's popularity!

So when I say that we in the East Coast of the Bay of Plenty, only have to deal indirectly with economists, and the cost of living here makes home ownership a real possibility, surely you can see the potential at a glance.

2 comments:

  1. whens is your new website going to be up and running u said it was going to be launched in the new year but website says its still updating and thats has been like that since the 18th of feb????????? love the blogs by the way

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  2. You are quite right, we were supposed to have our website up and running much earlier. Unfortunately, I am inept with website structure and we are awaiting for administrative staff to complete the site. I have referred your comment on to our business manager and hopefully things will be completed very soon. I appreciate your comments regarding the blog and enjoy feedback in any form.

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