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INSANE TRUTH About NZ Property Market / Ep 338

NZ Everyday Investor

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The Importance of Staying the Course

Property prices could fall another 10%. I don't know. That's not what any of the banks are predicting. Most of them are somewhere between depending on which data you look at for and up to around 8% in terms of price falls. Some will say more, some will say less. But it depends what your time horizon is. Do I think over the next 35 years that property prices are going to go up in New Zealand? Absolutely. It'll probably happen three or four times before I get to 65. And even if I get 3% capital growth of my townhouse that I just bought in Auckland, that's still better than my money in the bank. So I stick to

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