Right now, I smell the start of another potential revolution. Millennials are looking for new, innovative ways to solve their housing crisis.
The global property market is worth watching — if only to show you what could happen here in New Zealand.
Whether it’s China, the US, or the United Kingdom, the global real estate market sends waves which have a significant effect on our New Zealand shores. These waves either bring us a tide of investors, or tempt us to follow the tide back across international waters.
Property chain reactions
Our golden soil has slipped down the global cost of living ladder, which means we’re looking quite appealing to international investors. So, having Kiwi land that can be subdivided, leased or outright purchased by these hungry international buyers, can mean big dollars for us in return.
It’s all about satisfying the biggest appetites. And right now, with lowering wages in New Zealand, we don’t have the big appetites. That’s why it’s good to know who’s waiting for a table…and who’s willing to pay the most for a seat.
On the other hand, our lower cost of living ranking also means other cities around the world are seeing a rise in their property prices. So it’s always worth staying in-the-know with global real estate, to make sure perfect investment opportunities don’t pass us by.
A looming boom
Recent findings from the global agency CityYield can see potential for big returns in cities across Asia and Europe as well.
If we make smart decisions at the right times, us Kiwis have the potential to seriously capitalise on ideal property-buying conditions across the globe.
Also, the economic calls made by leaders like Donald Trump and Xi Jinping can have a major impact for New Zealand real estate investors. So, it’s important to keep your finger on the pulse when it comes to the global currents.
Most importantly, with cross-country development agreements and a rising demand for young families to find a place to live, all signs are pointing to a global real estate boom. It looks like it’s time to jump in.
But it’s easy to lose your footing in the property minefield, with areas that may not ever make a return on their investment.
These articles cover global real estate from markets around the world — including everything from struggling housing markets…to property-moving market moves…to off-the-radar residential and commercial investment opportunities you won’t have heard about.
This page is your one-stop shop for all the news on global real estate. Updated daily, you’ll always be kept in the loop.
Have a browse of the articles below.
New technology, better ways of doing things, all feed into a rising land price. And then people start to speculate in it. And there’s your cycle.
There are three important decisions in life: What you do…with whom you do it…and where you do it. What. Who. Where. Keep it simple.
Claptrap comes in many guises and disguises. Sometimes, it is based on inconsequential error. Sometimes, it is just bad judgment.
This is not science fiction anymore. Companies are making and delivering 3D printed houses to the market place, now. There is more affordable housing now.
What does investment in real estate have to do with tax on cigars? Legislation creating a real estate investment vehicle was signed in the extension of excise tax on cigars.
A sad day in Paris. In this, the holy week of Christendom…one of its most sacred and beautiful monuments caught fire.
Glancing in the window of the local Immobilier, I noticed several good-sized homes for sale on large plots from around €100,000. I started to think about our former life in Auckland and why it was…
Here in NZ, we lock people out of housing. We have the lowest rates of home ownership since just after the Second World War. And it’s starting to show.
Once upon a time, in a beautiful country…there was a shortage of homes. In stepped a benevolent authority figure. He reckoned he could sort this mess out. Here’s that country today…
The ASX 200 shed another 60-odd points on Tuesday, or 1% of its value. Is this another sign of global growth peaking? Probably.
There are plenty of countries like Spain that offer residency when you invest a certain amount of money. And there are even 10 countries where you can buy the nationality directly.
Guess where the greatest US real estate gains have been since the Great Recession and the massive QE surge? Florida and California…surprise, surprise! California real-estate prices have exploded because there’s … Read More