With the BNZ reportedly saying the housing market is diving their August prediction of a 5% rise in house prices is worth reviewing (pp. 7-8 ). While duff predictions aren’t notable, as they said picking the end of a boom is a mug’s game, what’s interesting is the bare mention of the then emerging credit crunch.
What’s today’s financial story of the decade was little more than a footnote only six months ago, that says a lot about forecasting.
One prediction I would make is don’t buy property ‘no money down‘ anytime soon, you might end up like these guys.
Categories: New Zealand · chatter
While I’m not hurrying to get a Freeview decoder I think I’ll be making good use of the TVNZ 7 website.
Two of my favorite shows were Russell Brown’s Hard News on bFM and TV3’s The Ralston Group. Media7 and Back Benches should fill a longstanding infotainment gap for me, though Russell could relax a little I think. If the Kingmaker Debate is a standard fare rather than a treat TVNZ’s election coverage should be much better than 2005.
Best of all, TVNZ ondemand means not having to hang around your television at prime time to see it all!
Categories: chatter · media
