Spring is typically the key season for real estate but untimely headwinds this year will make for a weak property market. Property prices are expected to track sideways at best this spring, with an expected influx of new listings on the market, allowing buyers plenty of time to smell the roses, according to analysts. The…
Day: September 1, 2010
South Canterbury Finance Bail Out – It could be a good thing in the end!
Watching John Key & co deal with South Canterbury Finance yesterday was exciting. The Prime Minister and the Minister of Finance forked out $1.6 billion under the Crown Retail Deposit Guarantee Scheme. Good move. The NZ government are admitting liability and paying out depositors who trusted government regulators would protect them. Regulatory responsibility has been a series…