Today on stuff.co.nz it was announced that the NZ house prices were rising at an astonishing rate. I don’t know what the cause is but only in December 2011 it was announced that according to the Economist New Zealand’s real estate was amongst the most overrated in the world together with countries such as Australia, […]
Tag Archives: Housing Bubble
The failure of the $450 million Kensington Park at Orewa will drag many other businesses down with it, and other similar developments will likely follow. Subcontractors on the 750-house development are owed hundreds of thousands of dollars for work already completed at the site, one of them said yesterday. And a property expert told the […]
NEW YORK (CNNMoney.com) — The number of Americans losing their homes to foreclosure continued to soar in June, according to a report released Thursday. RealtyTrac, an online marketer of foreclosed properties, reported that lenders repossessed 71,563 homes in June. A year ago, just 26,369 homes were taken back. During the first six months of 2008, […]
The number of British private landlords unable to keep up with their mortgage payments has jumped by 50 per cent, according to Bradford & Bingley. The first signs of a collapse in Britain’s buy-to-let property market emerged yesterday as Bradford & Bingley, the UK’s largest lender to private landlords, revealed a 50 per cent jump […]
Daniel Estulin has researched the Bilderberg club for 20 years. One of the originators of this group was Prince Bernard of the Netherlands. His daughter Queen Beatrice is still the one of the ones in control of this group. She is my Queen since I am Dutch. It was common knowledge in the Netherlands that […]
NEW YORK (Reuters) – Home prices have plunged by 10 percent or more in some parts of the United States and interest rates on mortgages are at enticing levels, but many potential buyers are waiting for prices to fall further.This psychology is helping prevent the hard-hit home market — suffering one of its worst downturns […]
