New Zealand - Safe Haven Or Value Trap? [View article]
High payout ratio? NZ stock market has traditionally been a high dividend market. Also the listed property sector likely plays a part in skewing/keeping the rate up.
New Zealand - Safe Haven Or Value Trap? [View article]
Thanks for the comment. In terms of migration, check the "international travel and migration" stats. There is indeed a persistent outflow to Aus (no visa requirements for NZ citizens, warmer weather, better opportunities etc), but at the same time we have positive net migration as poms/europeans and Asians more than make up for the loss of those chasing the greener (browner) grass in Australia.
Re earthquakes: probably similar risk level to Japan and various other countries on/close to fault lines. There is some work being done in chch, not to the extent expected yet, it may end up that various satelite cities are built instead of one big city, but there is the cash from insurance and govt budget to get something underway, but yes the ground still moves, check: http://www.geonet.org.nz
Thanks for the insight Michael, I had suspected as much, I would have preferred to show a higher frequency inflation chart to show the spike, though the interest rates do in some sense give an appreciation for it...
China Property Update: Small Positives Today to Become Small Negatives Tomorrow? [View article]
The more I look into it the more I think that in -aggregate- there is no major bubble, but there are a few cities where prices have gone a bit crazy e.g. Beijing, Shanghai, Shenzhen ... but yeah, analysis is still work in progress, I plan to look at income levels vs property prices soon...
I'm not sure, but one could argue that keeping the Yuan artificially low may be encouraging hot money to flood in - anticipating that eventually the Yuan will rise. I'm not sure how high the Yuan would need to go to help with inflation, but I do know that a stronger currency is kind of the opposite of inflation (i.e. a weak currency requires more units of that currency to buy something than a stronger one)...
China Update - Housing Market And Manufacturing [View instapost]
New Zealand - Safe Haven Or Value Trap? [View article]
New Zealand - Safe Haven Or Value Trap? [View article]
New Zealand - Safe Haven Or Value Trap? [View article]
New Zealand - Safe Haven Or Value Trap? [View article]
In terms of migration, check the "international travel and migration" stats. There is indeed a persistent outflow to Aus (no visa requirements for NZ citizens, warmer weather, better opportunities etc), but at the same time we have positive net migration as poms/europeans and Asians more than make up for the loss of those chasing the greener (browner) grass in Australia.
Re earthquakes: probably similar risk level to Japan and various other countries on/close to fault lines. There is some work being done in chch, not to the extent expected yet, it may end up that various satelite cities are built instead of one big city, but there is the cash from insurance and govt budget to get something underway, but yes the ground still moves, check: http://www.geonet.org.nz
Top 10 Financial Crisis Documentaries [View instapost]
What's Happening To Property Prices In China [View article]
China Property Update - Prices Still Chugging Along in May [View article]
Time to Go Long Vietnam With VNM? [View article]
Should You Invest in Chile? [View article]
Should You Invest in Chile? [View article]
Is This China's Last Trade Surplus? [View article]
Is This China's Last Trade Surplus? [View article]
China Property Update: Small Positives Today to Become Small Negatives Tomorrow? [View article]
Is China's Inflation Peaking? [View article]