Post by Deleted on Aug 28, 2022 12:00:37 GMT 12
5, 10, 15, 20%...
Yup that's the recent predictions forecast for you houses price losses for 22/23.
The experts are now talking 20%+.
If you look at the drivers
Debt
COL
NZD v Everyone else's Dollar
Inflation
Govt/ Green policies that will cost billions
RB interest rate increases
Food prices
Mortgagee sales up
Fuel up
World economies are bracing for high inflation.
Asset depreciation
Dot dot dot .
The recession you are currently in ( in denial)will be a depression in 2 more quarters!
My advice, for you to ignore...
Downsize
Sell off non essential assets
Have enough cash reserves to survive 5 years (without a job?).
Blah blah blah.. .
I'll check this in 1 years time and lets see 🧐😉
Yup that's the recent predictions forecast for you houses price losses for 22/23.
The experts are now talking 20%+.
If you look at the drivers
Debt
COL
NZD v Everyone else's Dollar
Inflation
Govt/ Green policies that will cost billions
RB interest rate increases
Food prices
Mortgagee sales up
Fuel up
World economies are bracing for high inflation.
Asset depreciation
Dot dot dot .
The recession you are currently in ( in denial)will be a depression in 2 more quarters!
My advice, for you to ignore...
Downsize
Sell off non essential assets
Have enough cash reserves to survive 5 years (without a job?).
Blah blah blah.. .
I'll check this in 1 years time and lets see 🧐😉