Forum Archive Index - May 2001

["Michael Gore" <michgore@paradise.net.nz>]

Thanks to those who contributed responses to my question about valuation of residential property a couple of weeks ago.  I am very interested in the idea that house valuations may suffer as baby boomers head into retirement and downsize their homes in the not so distant future and that the "pyramid" is changing shape with not so many young people queing up to mortgage themselves up to the eyeballs to buy a house that Kiwis have traditionally seen as a "can't go wrong" investment.  I have been searching the net for some professional commentary on this but I managed to find nothing at all.  Does anyone know of anything?  Can you post a link?  Anything at all would be appreciated.  Regards Michael

 

P.S.  A bit of commentary on Frucor lately.  I buy coffee at a bar in Courtenay Place where I noticed they had a promotion for a new energy drink called "Brute Force".  I said to the girl behind the counter "Do you sell much?"  She said yes quite a lot.  I asked about "V" since they also had V on the shelf.  Her reply was "Nah, V is for kids".   Also I noticed at Woolworths in Kilbirnie a small mountain of boxes stacked just about to the ceiling of a product called "Dirty Dog" which they were selling out at 50c a can.  Competitive market I think for these energy drinks.