Investing report: Why property investments are overvalued without capital gains

[saltydog45]

Unless of course you already have a ton of collateral to BS a bank,or make some interesting paperwork...bauil out finance companies? FK NO! People were willing to put their money into them...logic denotes to do your homework....

[saltydog45]

The banks and finance companies who lend this money out are the ones to thank for the global recession.NZ has come off light...go to the UK and discover the carnage.But the funniest part is...GOLD has nearly doubled in price in the last five years..and no one is watching.Buy it as coinage,and it is tax free,easy to store and easy to hide.Just because you lose on one hand and gain on another...you may find the accounting cost outweigh the benifits for the average joe when it comes to a house..

[saltydog45]

The one thing I cannot fahom is how the mad rush to invest in property.....residential to boot.Commercial has fewer pitfalls.But I cannot understand how you can get returns on items that suffer wear and tear through the rental,but you cant claim it in your own home....its is more of a tax dodge in any other way.

[keithholden]

Get the Chinese to build our houses for 5 bucks each.

Then we wont need to rent or pay mortgages

[ukulelectric]

property has been a good investment since feudal times.

inflation is likely over the next 5-10 years so property will continue to be a good investment.

it is also less risky - hanover is just a taste of what could conceivably happen to to investments in financial assets in the future, particularly if we see a double-dip.

[bookbinder66]

where are the capital gains in housing, when they are bulit to last only 50 years , where i ask ,

[nedbeaty72]

"This suggests residential property investment only makes sense if capital gains are made."

Alert, Allert, PONZI scheme.