Home lending interest rates have dropped, and I am left wondering whether we should breathe a sigh of relief that this is the end of interest rate hikes or be cynical and assume that this is a simple marketing ploy by banking marketers who have had the heat put on them to lift borrowing enquiry.…
Read MoreIt was not so long ago that I frequently heard people saying “we are in new era where interest rates will never return to pre-GFC levels”. I listened to a bank economist link interest rate spikes to population explosions, like the post World War 2 baby-boom phenomenon. The argument was that if you went back…
Read MoreErskine Owen director Alan Henderson sat down with economist Dr David Skilling to discuss how changes in the global economy might affect New Zealand. David advises governments, companies, and financial institutions in the Asia Pacific, the Middle East and Europe on dynamics in global macro, economic policy, globalisation, and geopolitics. A global decoupling…
Read MoreIn 2009, Mr and Mrs Brown approached Erskine Owen with a clear goal: retire in 2029, with $135,000 per year income after tax. Erskine Owen directors Alan Henderson and Lisa Phillips got to work. Working backwards from their 2029 financial goal, they put together a 20-year plan to achieve it through intelligent property investment. The…
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Is the NZ Property Party Over?
In the year to September inflation hit 4.9%, the highest in a decade, and mortgage rates have risen rapidly. As a property investor it is natural to be concerned about the impact on property prices and yields…and ask is the property party over? Inflation While the inflation rate has startled some investors, the real question…
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