2014
Jul
14

International Diversification

For some, investing in overseas property seems like risky business. And without proper due diligence, that would probably be the case. However, when you've done your research you'll find it can be incredibly rewarding; and not just financially. If you're looking to diversify your portfolio, American property investment might just be the way to go. Consider, for example, the following four advantages of purchasing internationally:  1.  You retain control: When you buy, rent, develop or sell, is up to you. You can work according to your personal schedule and requirements. 2. You generate cash flow in another currency: It's a excellent diversification tool, particularly when that foreign do…
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2014
Jul
07

State of the Market

Mid last year American Business and Financial news magazine Reuters examined the current state of the U.S. housing market. Although they found that home re-sales had shown a bit of a slowdown in March, they attributed this more to supply constraints than reduced demand.  The housing market recovery that has been aiding to boost the economy remains intact, they said. New York economist Millan Mulraine supported this, noting, "the overall thrust of the sector remains positive, with the demand and supply dynamics continuing to favour further price gains".     Recent figures showed that sales were still up 10.3 percent from a year previous and that the median home price had increased by 11.8 …
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2014
Jun
30

Housing control

Prices of New Zealand homes have escalated to a point where they are now tipping the scale just over the last peak in 2007. Concerns have been raised as to how this will impact the country in the long term, and as a result, the government has been thinking through possible management strategies.  
In a speech last year to the Wellington Employers' Chamber of Commerce, Finance Minister Bill English announced that attempts will be made to curb rising house prices. He said that they pose a risk to economy recovery and stability, because of the marked increase they added to debt levels. Prices are "already high by any international standard," he said, and any further rise could create a degre…
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