12 ordspråk av Tony Alexander

Tony Alexander

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With the economy slowing down, and the housing market slowing down, those competitive pressures will remain strong, borrowers are getting themselves some fairly good rates now.

You'd have to say there's probably still scope for some further declines in the very near future.

And the bad thing about that is, (due to the flooding) that was the only way in and out of the city.

Since I have been here, I've had eight or nine friends call and say they've seen friends of ours dead and floating in the water. That is the news I have been getting while my mind is on my daughter.

The numbers don't stack up (on rental property), end of story.

When times get tough, we leave (for Australia). Migration will get worse in the next 18 months, undermining the housing market.

If people were aggressively concerned about falling house prices, rising interest rates, you would not expect to see a leap in consents being issued for houses.

But a person's a fool if they think you can take a serious punt on when that exactly will happen.

As a result profitability is being slashed tremendously amongst New Zealand businesses and especially of course those in the exporting and importing competing sectors.

There is no way of forecasting when exchange rates are going to move.

The kiwi dollar tends to go up an escalator and down the lift shaft.

The time for the quick buy and flick has disappeared.

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