18.08.2010 - NZ: Property investment takes huge hit
From 3news.co.nz: The number of Kiwis investing in residential property has declined significantly for the first time in years, a Nielsen survey has found. In 2009, one in four of those surveyed said they intended to buy residential property as a future investment; 12 months later it is in stark contrast just one in seven have the same intentions. Specialist property lawyer Greg Towers says the real estate market report confirms what those in the industry have been observing..............................................Full Article: Source
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