Thursday, April 15, 2010

I agree with the bank man

Tony Alexander of the bnz ( no its not the BNZ, they have marketing people so its the bnz,) has always done well in commenting & predicting, in my opinion. I say that allowing that the economist Galbraith once said at a party " astrology was invented to make economics look good"

Tony said today, & I agree "In the housing market there is some evidence – based on Auckland data – that worries about tax changes have stalled turnover but prices are holding up and listings are not escalating madly.'

Rocky times for rental property, I predict

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