First home buyers

Cam's Blog

First Home Buyers: Get your ducks in a row

Like most of you, I get a few emails dropping in my inbox daily. Generally it's generic questions about buying a property or Nigerian scams requesting my bank account number. But this one was different. Why? Well, I could hear the desperation in … Read more

First Home Buyers: Why all the backlash over buying brand new?!

It’s so easy to sit there in judgement of banks and first home buyers and Kiwibuild and investment property and gauging the impact of debt levels on society… and getting all wound up in that stuff.  And it’s a fact that the comment section … Read more

The issue of consent: Always a deal breaker

Eighteen months ago, I wrote a post which talked about the problem of houses with unconsented works. You can re-read it here if you like. To be blunt: The problem hasn’t gone away. If anything, it’s worse now than what it was then, so I feel the … Read more

Will it get easier to buy your first house?

The question of whether it’ll get easier to buy your first house is one that I’m asking myself after a recent email from a client. In it, they said that they wanted to wait another 12 months before they bought a house. They reckon it’ll get … Read more

Bank statements: the mortgage broker’s crystal ball

Mortgage brokers are often asked if we have crystal balls that we use to see the future. This question usually pops up when interest rates (or how best to set-up your loan) come up for discussion. Which is quite often in this line of work. The … Read more

Capital Gains Tax: Will it really make much difference?

There’s been ongoing debate about the merits of introducing a Capital Gains Tax (CGT) for many many years, and with the current government in power this tax has the best chance in years of becoming a reality. Not that I’m particularly worried if … Read more

You don’t want to live in Wanganui

We all know that buying a first home is a challenge. Especially in Auckland where prices are what they are. So it makes sense for people buying a first home (or second) to turn their attention to other locations where house prices are lower. Like … Read more

Avocado: A new macro prudential tool

You can wait a lifetime to have a Eureka moment. Mine happened this morning actually, as I munched my breakfast salad, lovingly prepared by my beautiful wife. Breakfast salad is a wonderful mix of bacon, egg, cherry tomatoes, mushrooms, lettuce … Read more

Is property investment for you? Stacking up the big numbers

I’m a regular reader and subscriber to Tony Alexander’s ‘Weekly Overview'. I find it’s an interesting read mostly, and I like his writing style because it’s very much like his speaking style – I feel like he’s shooting from the hip but you’re still … Read more

Shared Equity: A can of worms?

The current Government is squarely looking to address issues of inequity in the housing market, particularly for those who want to get into it for the first time. People say the system is broken and the dream of owning a home is something that an … Read more