Struggle to Tackle ‘Property Addiction’

The question remains – have we moved on from our Kiwi love affair of owning our own slice of NZ? Gone are the days of a quarter-acre section, but our DNA makeup remains and appears to be still driving us to secure that patch of real estate we can call our own. While I refuse to get sucked in to the political debate and the regulations inferred, I do think this article in the New Zealand Herald is thought provoking for us hardened property capitalists! Read the article here if you wish. A few snippets:

Figures out this month show national housing values sit only 4.4 per cent below the peak of the boom in 2007.

Major political parties’ lack of policies to redress our love affair with housing has bred frustration in economic circles.

The Reserve Bank says only $24 billion, or 3 per cent, of our household assets are in the form of domestic equities or shares, compared with 73.8 per cent in housing.

While I regard myself as a simpleton when it comes to investment, I can’t help but think that the old adage of “the bricks and mortar that you can drive past, see and touch” frankly takes a lot of beating. Reading through the above article doesn’t persuade me to pull my money out of real estate and invest elsewhere; besides the alternatives are far from convincing and the thought of a “middle man” fleecing your profits or squandering your hard earned cash is far from appealing. Is there really anything “as safe as houses”?

I could go on, but let us know your comments…

All the best as we fast head for December the beginning of the festive season.

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About Peter Griffioen

Peter Griffioen - or simply Griff to those who know him - has an established reputation as a high-producing Harcourts Canterbury salesperson. With a focused approach to customer service you can rest assured that you are in good hands, whether it be a relaxed chat about the state of the market or an in-depth discussion regarding your next property transaction. The key advantage of engaging Team Griff’s services is their local knowledge and experience. Currently in this post-seismic era, it is vital to have true professionals working on your behalf, ensuring that you are guided through the process professionally and with a caring approach. The advent of the ‘as is, where is’ market means specialised expertise are required and Team Griff has taken it on themselves to both understand and explain the pros and cons of this now accepted sale/purchase option. For over 26 years the Griff brand has become synonymous with achieving results. Griff now prides himself with his five member team and takes much satisfaction from empowering them to both achieve and reach their own goals. A team with a proven track record placed with the highest ranking Harcourts Million Dollar Club members, exceeding the $275m level. Such accomplishments highlight the team’s exceptional marketing and negotiating skills. Team Griff are recognised as industry leaders for their online presence and regular blog posts of current and relevant real estate information. E-marketing and readily available property specific detailed info means Team Griff’s clients have the edge when it comes to selling their homes, not forgetting purchasers who benefit first hand. A simple Google search says it all – the Griff brand ranking with the most frequent. Griff’s life focus extends beyond business, with quality time and fun being high priorities, while mountain biking, boating and fishing provide that vital time out. His Christian faith is his anchor for daily living, and his community is important to him. For a team approach to optimize the result for your next property transaction, be sure to talk to this award winning team - synonymous with hard work and results! Griff and his trusted team welcome your enquiry today.

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