TM Forums
Back to search

A hot market is a good time to buy a leaker

#Post
1

Time to sell any old dunger.

https://www.stuff.co.nz/life-style/homed/real-estate/1243414
12/is-a-hot-market-a-good-time-to-buy-a-leaky-home

sparkychap - 2021-02-24 19:17:00
2

Now is when you off load your mistakes.
The bigger fools are about.

pcle - 2021-02-25 07:33:00
3

With expected house inflation of 22.4% - perhaps it's better not to sell the dogs?
https://www.interest.co.nz/property/109218/its-latest-moneta
ry-policy-statement-reserve-bank-forecasting-house-price-inf
lation

Edited by pcle at 8:17 am, Thu 25 Feb

pcle - 2021-02-25 08:06:00
4

Buy a new home, it's guaranteed to leak

catwoman1974 - 2021-02-25 08:12:00
5

Sure, if you can pay cash for one, as you aren't going to get insurance in order to secure a mortgage......

phoenix22 - 2021-02-25 08:35:00
6

Don't think so.

lythande1 - 2021-02-25 11:12:00
7

Wait another ten or so years.
The next round of leakers will be
Coming online.

Edited by rodeorunch at 9:12 pm, Thu 25 Feb

rodeorunch - 2021-02-25 21:11:00
8

Ray White are pretty leaky

funkydunky - 2021-02-27 11:00:00
9
sparkychap wrote:

Time to sell any old dunger.

https://www.stuff.co.nz/life-style/homed/real-estate/1243414
12/is-a-hot-market-a-good-time-to-buy-a-leaky-home


Read the article, it makes sense.
A guy with construction experience has bought a leaker to demolish. Buying an old or damaged building can be cheaper than buying a bare section because it has services (a new water connection costs $14k now and its going up soon) and no council development levies.

masturbidder - 2021-02-27 23:04:00
Free Web Hosting