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Who is buying Auckland houses?

Who is buying Auckland houses?

But First - A quick survey of employers.

If you are an employer what is the key piece of advice you'd give to an expat looking to get a job in NZ? Click here to let them know.

Survey - International Experience of NZ Employers

Thankfully with plenty of work involved in preparing and distributing Brain Gain NZ this Monday and getting ready for next Monday’s first Growing With China for the year, data releases in NZ have been thin on the ground.

This week’s lead article is here, discussing how in just over three weeks I’ll be able to tell you what proportion of house sales in NZ by region are to people offshore, delineated by main country – China, UK, Australia etc.

This week’s comments on interest rates are here. We describe how the RB is going to have a big problem raising interest rates when the NZ dollar is already so high – and history shows it rises when NZ monetary policy is being tightened.

With regard to the housing market, here are some reasons why the Reserve Bank is very unlikely to impose minimum deposit ratios on banks. Basically they would favour cashed up offshore buyers and shut first home buyers out of the market even more than they currently are.

Next Monday I shall also release a paper entitled ‘Sources of Western Apprehension About China” listing 55 reasons why people in the West are wary of the planet’s new economic powerhouse and recovering civilisation.

Back issues of Growing With China are here and this is where the paper noted above will also be posted.

You can find Brain Gain NZ here.

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