Thoughts on the Real Estate market and beyond.
For some time Expedio has been on a mission to improve the quality of our buildings. Not just better bui8ldings. But refurbishing basic warehouses and tin sheds with better quality fit-outs. We have used tiles rather than vinyl. We have retro fitted with LED light fittings. We have used quality bathroom…
Once again we have seen a month with a substantial number of transactions. Currently we are seeing more sales/purchases than leases, but that is perhaps indicative of the fact that we have very few properties available for lease.
What is apparent is that the deals are being done by agents…
Our market comments will always be unfortunately based on very small samples. We do talk to as many prospective purchasers and tenants as we are able, but we are also reliant on agent feedback to contribute to our overall understanding of the market. Accordingly we welcome agent feedback to assist…
The short answer is - not much. Except for the flight to currency safe havens, and the impact that has on the New Zealand dollar , the direct impact on New Zealand is minimal.
However, the whole tragedy of the theatrics involved does raise an interesting question. Do we elect politicians…
One of the qualities that is needed in business is the ability to make decisions. Not every decision we make will be correct – but not making decisions is the surest way to get it wrong. If you are not currently capable of making decisions – if you habitually prevaricate or procrastinate – then either…
In the decade after the end of the Second World War many material possessions, from clothing to building materials, were in short supply. Through the 60’s and 70’s availability gradually freed up. The necessity for overseas funds in order to purchase a new car was eventually eliminated and over time…
Very little has changed in the marketplace over the last few months. The cost of new builds hasn’t changed. If anything it is increasing. The cost of refurbishment is also increasing. The cost of land, if available, has not reduced. The only changes that have become noticeable are that tenants are…
We were recently ruminating on the advances in communication technology which we have seen over the last quarter century, and the extent to which they have impacted – or not – on efficiency.
We thought back to the days (not too long ago) when the majority of our trading communications were…
The universe is too massive for most of us to be able to comprehend it’s size. It is no wonder then that it should have many mysterious and hidden complexities. Many of which, despite much pondering and analysis, would seem never to be solved. Certainly not in my lifetime.
One such mystery…
I can remember well the time I purchased my first house. I remember the shuttle the eager real estate agent did between the vendor and myself until the early hours of the morning in order to get the deal done. The backwards and forwards trying to bridge the price gap between two seemingly implacable…
