HERE WE GO AGAIN (This is New Zealand right?)
Just when we were beginning to enjoy ourselves our Finance Minister, Cullen and Reserve Bank Governor, Bollard heard the party and turned the lights out.
Or did they?
The new regime of 10% interest rates has definitely subdued the market although our apartments are still going up in value.
Is it time to exit if you're thinking about it?
The Banks that visit us boast dramatic increases in volume of lending, we predict a massive spend up of our money by the Government to buy another term and it's all starting to look like one of those old Bendix agitator washing machines starting to thump.
If you're losing your nerve call us.
Sales are at record levels.
Hell, we're positive.
( Mexico was great).
MARTIN
