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How to Profit from the Coming Property Slump

The Day the Bubble Bursts

How to Profit from the Coming Property Slump

By Olly Newland

New book tells nervous Kiwi investors and homeowners how to protect themselves and profit from coming real estate slump.

AUCKLAND June 1st 2004. A new book from property developer and author Olly Newland launches this week into an increasingly nervous property market. Newland, a survivor of several past crashes, pulls no punches as he argues that the good times are ending.

And he dispels the comforting myth of the soft landing.

“Every property boom I have ever experienced has ended in a messy crash. There have been no exceptions,” he writes in The Day the Bubble Bursts.

Newland marshals his 40 years of experience at profiting from the boom and bust cycles of the local real estate market. Only the 1987 share market crash affected him badly, he says. “All the others provided me with heaven-sent opportunities of which, I can assure you, I took great advantage.”

He shows readers how to recognize the early warning signs to avoid being victims. And most importantly, Newland applies his experience as a hands-on property investor to lay out a clear plan to profit from the opportunities the bursting of this bubble will bring.

His tips and advice are gritty, practical, and not for the faint hearted investor. Spiced with humour and anecdote, they are rooted in long experience and practical good sense.

The Day the Bubble Bursts ($29.95) is on sale from June 2 nationwide and is distributed by Addenda Publishing Limited.

Newland’s other titles include his recent best selling Rascal’s Guide to Real Estate and his classic, Lost Property, which recounts his fall from grace as a developer and sharemarket high flyer during the late ‘80s.

Title: The Day the Bubble Bursts

Author: Olly Newland

ISBN: 0958230730

Price: $29.95

Publisher: Empower Leaders Publishing

Distributor: Addenda Publishing Ltd

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