"We think it's down to the fact the Coast has been on people's bucket lists - maybe not at the top, when they might have had the Amalfi Coast in Italy or Japan on their bucket list, but they're unachievable now." … [Read more...] about The lure of being mortgage free: West Coast property creating a modern-day gold rush
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Fallout from the Hackett cash There is no doubt that the $10.2m Hackett decision greatly inflamed criticisms of the programme because the company’s wealthy owners include richlister Sir John Davies, and Henry van Asch, whose property portfolio includes one in Darfield with a valuation of almost $7m. … [Read more...] about Lifeline or lottery? Questions of fairness over $400m tourism rescue scheme
7. During seven weeks of lockdown young people grew their house purchase deposits, with a further boost from not travelling overseas. Like many other people, they have decided to focus on their living arrangements, and while for most that means home renovations, for them it means buying a property with plans to travel overseas pushed down the track a few years. Removal of loan-to-value ratio rules has also encouraged young people to attempt a purchase, though as yet deposit requirements from banks have not changed much. … [Read more...] about Where’s that housing downturn we talked about?
Tourism Industry Aotearoa chief executive Chris Roberts said the July holidays proved how keen New Zealanders were to explore the country and visit family and friends, however, family travel might be thwarted by physical distancing requirements for the next school holidays. … [Read more...] about Airlines need chance for full flights during school holidays – tourism boss