A loss of 14,000 rentals in 6-8 months.

https://jonette.co.nz/listings/posts/property-investors-resp
ond.html?utm_source=Jonette+Property+Stats&utm_campaign=
60bd797752-EMAIL_CAMPAIGN_1_7_2019_15_54_COPY_01&utm_med
ium=email&utm_term=0_403648e8a2-60bd797752-587747757

That'll make a lot of buyers happy!
Tenants can just go else where...

pcle - 2021-06-09 14:09:00

I've just pulled the same data and either he's doing something wrong, of the data series has been updated. Active Bonds as at April 2021 is the highest its ever been at 386,181 not the 361,443 in that chart.

Sorry if that doesn't fit the narrative.

sparkychap - 2021-06-09 16:41:00

sparkychap wrote:

I've just pulled the same data and either he's doing something wrong, of the data series has been updated. Active Bonds as at April 2021 is the highest its ever been at 386,181 not the 361,443 in that chart.

Sorry if that doesn't fit the narrative.

Someone asked the author the same question. His response:
"Same numbers, they play fast and loose with the detail. I was using the total and the curve was too different to the Auckland numbers. Then I added all regions together, getting the same curve.
I think the ALL column includes unknown stuff, so I have excluded it. I plan an OIA to find out why."

Not too convincing.

apollo11 - 2021-06-09 16:53:00

apollo11 wrote:

Someone asked the author the same question. His response:
"Same numbers, they play fast and loose with the detail. I was using the total and the curve was too different to the Auckland numbers. Then I added all regions together, getting the same curve.
I think the ALL column includes unknown stuff, so I have excluded it. I plan an OIA to find out why."

Not too convincing.

I didn't see the question, just loaded up the data.

The ALL total contains all regions plus the -1 NA Region, which is addresses they couldn't allocate to a real region.

sparkychap - 2021-06-09 17:07:00

Labour Government have hoovered a lot up for Social Housing....so much for First Home Buyers....

Edited by horsygirl at 4:47 pm, Thu 10 Jun

horsygirl - 2021-06-10 16:47:00

horsygirl wrote:

Labour Government have hoovered a lot up for Social Housing....so much for First Home Buyers....

lol did you read beyond the headline?

sparkychap - 2021-06-10 17:04:00

22,000 families waiting on the HNZ waiting list already, 14,000 more will give it a boost to 36,000. Gotta love this government

catwoman1974 - 2021-06-14 02:42:00

Obviously not....lol

Edited by sparkychap at 6:28 am, Mon 14 Jun

sparkychap - 2021-06-14 06:28:00

Future not looking very bright for property investing - debt to income will be a game changer as well as rising interest rates which look more likely sooner than later with rising GDP and inflation running higher than expected. Good luck to those still in the game.

markv1 - 2021-06-17 13:37:00

This message was deleted.

kiwilandchch - 2021-06-17 13:48:00

catwoman1974 wrote:

22,000 families waiting on the HNZ waiting list already, 14,000 more will give it a boost to 36,000. Gotta love this government

23,687 at 31 March.

artemis - 2021-06-17 15:23:00

kiwilandchch wrote:

Its looking great for them having been in the game over 20 years

Yes, and as market rents continue to rise those in the game for years will do very well.

artemis - 2021-06-17 15:25:00

Rent yield might be the only payback as future capital gains look grim.

markv1 - 2021-06-17 17:14:00

markv1 wrote:

Future not looking very bright for property investing - debt to income will be a game changer as well as rising interest rates which look more likely sooner than later with rising GDP and inflation running higher than expected. Good luck to those still in the game.

Why would it look dim for investors?
Their income will include rent added to their other income.
It's all income, then multiplied by the x?

smallwoods - 2021-06-17 21:22:00

markv1 wrote:

Future not looking very bright for property investing - debt to income will be a game changer as well as rising interest rates which look more likely sooner than later with rising GDP and inflation running higher than expected. Good luck to those still in the game.

What's bad for investors is bad for tenants. Customers can't shop if there are no shops. Socialism - 100% failure rate - again.

pcle - 2021-06-18 19:59:00

We have sold several in the last few months. Offered to the tenants first at a discount, none could raise the deposit. The new buyers were returnees to NZ and FHBs living with parents so rentals have been lost but no reduction to the housing queue.
If this is typical for NZ then many people are in trouble. But we keep hearing that 'there is no net loss because every rental sold makes a tenant into an owner'... Nonsense.

Edited by masturbidder at 8:40 pm, Fri 18 Jun

masturbidder - 2021-06-18 20:39:00

masturbidder wrote:

We have sold several in the last few months. Offered to the tenants first at a discount, none could raise the deposit. The new buyers were returnees to NZ and FHBs living with parents so rentals have been lost but no reduction to the housing queue.
If this is typical for NZ then many people are in trouble. But we keep hearing that 'there is no net loss because every rental sold makes a tenant into an owner'... Nonsense.

Maybe they'll take in some flatmates to help pay the exorbitant mortgage. Loads of FHB do.

mazalinas - 2021-06-18 21:04:00

catwoman1974 wrote:

22,000 families waiting on the HNZ waiting list already, 14,000 more will give it a boost to 36,000. Gotta love this government

Rents (and the cost of owning your own) are just too high nowadays hence the ever increasing HNZ waiting list.

mazalinas - 2021-06-18 21:06:00

I just keep buying. I bought some new builds and a few more rentals when the rents are all going up to cover tax and healthy home standards now im buying before the debt to income rules come in. I can't see house prices slowing yet.

ash4561 - 2021-06-18 22:44:00

The member deleted this message.

steviedee - 2021-06-26 18:16:00

The member deleted this message.

steviedee - 2021-06-26 18:17:00

Hello , nice to be here, my name is Mr. Huang Zhaoqun from Uighur Autonomous Region ,please I need an urgent INVESTMENT advice in New Zealand, anyone interested to corperate with me should quickily reply to (huangzhaoqun@abeenterpriseshk-
.com) for more information okay? Hugs!

Mr. Huang Zhaoqun
Email : huangzhaoqun@abeenterpriseshk.-
com

steviedee - 2021-06-26 18:18:00

steviedee wrote:

Hello , nice to be here, my name is Mr. Huang Zhaoqun from Uighur Autonomous Region ,please I need an urgent INVESTMENT advice in New Zealand, anyone interested to corperate with me should quickily reply to (huangzhaoqun@abeenterpriseshk-
.com) for more information okay? Hugs!

Mr. Huang Zhaoqun
Email : huangzhaoqun@abeenterpriseshk.-
com

Sounds pukka.

sparkychap - 2021-06-26 18:25:00

sparkychap wrote:

Sounds pukka.

Some Asian bloke sold me a sob story in the Pak'n'save car park about being stranded with no money for petrol home. Being the sucker I am, I gave him 20 bucks. Apparently, I was one of many. I've used up all of my 'help Asians' points.

apollo11 - 2021-06-26 19:28:00

steviedee wrote:

Hello , nice to be here,

Welcome! My advice is start reading all the threads in this message board, and after that, ask us any questions ???????? Hugs back at ya????

thumbs647 - 2021-06-27 05:47:00

apollo11 wrote:

Some Asian bloke sold me a sob story in the Pak'n'save car park about being stranded with no money for petrol home. Being the sucker I am, I gave him 20 bucks. Apparently, I was one of many. I've used up all of my 'help Asians' points.

Interesting - how do you accumulate the Help Asians Points in the first place? Is there a loyalty card or an App you have to swipe?

sparkychap - 2021-06-27 10:59:00

mazalinas wrote:

Rents (and the cost of owning your own) are just too high nowadays hence the ever increasing HNZ waiting list.

No the rents are far too cheap. The new tax is still to be passed on.

pcle - 2021-06-27 11:04:00

apollo11 wrote:

Some Asian bloke ... .

Was that Wi Rip Yu?

funkydunky - 2021-06-27 16:39:00

sparkychap wrote:

Interesting - how do you accumulate the Help Asians Points in the first place? Is there a loyalty card or an App you have to swipe?

You can convert your 'Easy Mark' points into them. Your name doesn't even have to be Mark.

apollo11 - 2021-06-27 17:36:00