http://www.marclehmann.net/2008/03/nz-house-prices-wont-see-2007-highs-for-10-to-20-years/ Marc Lehmann's Blog Wed, 10 Mar 2010 06:38:20 +0000 hourly 1 http://www.marclehmann.net/2008/03/nz-house-prices-wont-see-2007-highs-for-10-to-20-years/comment-page-1/#comment-92 Marc Wed, 26 Mar 2008 09:02:49 +0000 http://www.marclehmann.net/2008/03/nz-house-prices-wont-see-2007-highs-for-10-to-20-years/#comment-92 Only a correction in spread difference I was referring to. The outright is large I agree. We haven't even hit tough times yet, it will be interesting to see what worsening employment does. Only a correction in spread difference I was referring to. The outright is large I agree. We haven’t even hit tough times yet, it will be interesting to see what worsening employment does.

]]> http://www.marclehmann.net/2008/03/nz-house-prices-wont-see-2007-highs-for-10-to-20-years/comment-page-1/#comment-90 Ben Kepes Wed, 26 Mar 2008 07:02:01 +0000 http://www.marclehmann.net/2008/03/nz-house-prices-wont-see-2007-highs-for-10-to-20-years/#comment-90 hmmm - you're right when you say that the playing field has globalised and therefore NZ is somewhat insulated, and also it's a fact that security concerns elsewhere buoy our property values significantly however the rally we've experienced here was of the magnitude that I'm not sure if it can be called a correction - I agree that 2018/2028 is a pretty long term call, but I'd be surprised to see any meaningful capital gains this decade at least hmmm - you’re right when you say that the playing field has globalised and therefore NZ is somewhat insulated, and also it’s a fact that security concerns elsewhere buoy our property values significantly however the rally we’ve experienced here was of the magnitude that I’m not sure if it can be called a correction - I agree that 2018/2028 is a pretty long term call, but I’d be surprised to see any meaningful capital gains this decade at least

]]>