Tag: New Zealand

New Zealand Real Estate Market
Financial Markets
Chris MacIntosh

Another Real Estate Market Ripe For A Bust

Do you remember the movie American Psycho where nobody was afraid of Patrick Bateman? At least not until they were all relaxed and then… Whoah! He reared up with that shiny axe and chopped them into bits. As a viewer you knew the guy clearly had issues. And after the first murder

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Faith in Chaos

I’ve been absent for a few weeks and for that I make no apology. The recently concluded New Zealand meet up over the last few weeks left me with little time for luxuries such as sitting down to jot out some thoughts to you. Hopefully, when I do get something

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This is the Land of Milk and Honey

A couple of weeks ago I said Jim Rogers has been wrong. I promised a follow up to that article and here it is. Truthfully, I was being a bit hard on him. Jim is an intelligent investor who has long railed against the revolving door between our political and

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12 Reasons Why Here and not There

New Zealanders are like the residue of Weet-Bix left in a cereal bowl for a couple of weeks: tough! Let me give you an example. When James Grant was attacked by a shark while spearfishing his response was pretty typical of the Kiwis I know here: “Bugger, now I have to

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Capital Intensive Investments, Scavenging Amongst Corpses, And Hating

“You parasitic money-grubbing bastard; I hate people like you!” I was not making myself popular. I was spending some time getting my arms around the state of the kiwi fruit industry, which is centered on New Zealand’s North Island. I had been talking to growers, real estate agents and bankers

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Popular Currencies: What Benchmark are You Using?

Roughly 7 years ago I moved to NZ. The local currency was one of the cheapest on the planet and possibly the cheapest currency of any first world country in terms of purchasing power parity. It traded around 40 cents to the greenback. Real estate had not gone anywhere in

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An Urgent Appeal

In the spirit of a little light-hearted capitalist banter, and hoping we don’t offend too many of you, I offer the following dispatch.  As I am a capitalist with a bit of a “dark humor” streak, I will offer up the following business opportunity to anyone interested… For those of you

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