sharetrader
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  1. #38
    Senior Member
    Join Date
    May 2002
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    Mary Holm (RNZ) 1515 hrs...again stated that NZ house prices ..relative to income were the highest in the world.

    It aint going to be pretty.

    People may remember a few years back ..in the UK...I believe about 40 % of house owners experienced negative equity i.e. their mortgages were higher than the value of their home.

    History repeats.
    Last edited by troyvdh; 30-05-2024 at 07:53 PM.

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