'Buying NZ Property – Download the free sample readings!

NZ presents some of the most alluring property in the Western World; particularly given the greater easy of residency, the low cost of property, and the liveability of the country. In addition, there is no capital gains tax, transfer taxes, VAT/GST or wealth taxes in NZ, so rest assured that NZ property is tax-effective! Learn more now!

New Zealand Property Report 2010 - Download the table of contents or buy this 180-page report at our online store for just $US19.95.


Monday, September 20, 2010

NZ savings disappoint but there are opportunities

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We have long identified lack of savings as a problem for the NZ economy. Rabo Direct has performed a survey of 1000 NZ'ers and found that they are dismal savers. The more important question is why don't they save. I have a number of suggestions for this problem:
1. Lack of investment opportunities: There are few investment vehicles in NZ, i.e. The equity market is pretty thinly traded and is dominated by just a few stocks.
2. Lack of business opportunities: NZ is at the arse-end of the world with a small market. You would have to go to Easter Island to find a country with worse investment demographics.
3. Population demographics: NZ is home to welfare dependents, unaspiring lifestylers and retirees waiting to die. If you are looking for career opportunities, business opportunities in NZ, you are not likely to maximise your possibilities here.
4. Access to the Australian market: NZ really needs improved access to the Australian market. Of course it is coming, but Australia is not going to rush because its better for NZ given that Australian incomes are 30% higher. Mind you, it probably balances out because Australian savings are probably 30% higher. i.e. There disposable income to spend on NZ products is probably similar.
5. NZ financial literacy is pretty low: Most NZ'ers do not participate in financial markets from an early age, so they are less inclined to have stocks, and will take longer before they have a house. If they do invest in any property they would probably buy a 'batch' pad and they would not even consider it an investment, even if it is a poor store of wealth.
6. Slim job prospects: It is hard for NZ's to find jobs. There are few job creation opportunities, few people in this population demographic are going to be consummate spenders, so there is little economic activity. Depopulated rural towns struggle to even support their proprietors.

All of these factors are better in the cities where there is population is growing, its more international, better educated, more aspirational and wealthier in terms of their appreciating assets and disposable savings. But the culture does not match Australia because its not as pervasive. A big factor is rising incomes and property prices. NZ needs to move into higher value job creation which will generate more export earnings. It desperately needs to seamlessly integrate with Australia if it can swing that. It needs better communications (data-VoIP) capacities.


'Buying NZ Property – Download the free sample readings!

NZ presents some of the most alluring property in the Western World; particularly given the greater easy of residency, the low cost of property, and the liveability of the country. In addition, there is no capital gains tax, transfer taxes, VAT/GST or wealth taxes in NZ, so rest assured that NZ property is tax-effective! Learn more now!

New Zealand Property Report 2010 - Download the table of contents or buy this 180-page report at our online store for just $US19.95.


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Over the years, this ebook has been enhanced with additional research to offer a comprehensive appraisal of the Japanese foreclosed property market, as well as offering economic and industry analysis. The author travels to Japan regularly to keep abreast of the local market conditions, and has purchased several foreclosed properties, as well as bidding on others. Japan is one of the few markets offering high-yielding property investment opportunities. Contrary to the 'rural depopulation' scepticism, the urban centres are growing, and they have always been a magnet for expatriates in Asia. Japan is a place where expats, investors (big or small) can make highly profitable real estate investments. Japan is a large market, with a plethora of cheap properties up for tender by the courts. Few other Western nations offer such cheap property so close to major infrastructure. Japan is unique in this respect, and it offers such a different life experience, which also makes it special. There is a plethora of property is depopulating rural areas, however there are fortnightly tenders offering plenty of property in Japan's cities as well. I bought a dormitory 1hr from Tokyo for just $US30,000.
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Download Table of Contents here.