SIMON SAYS

15th May '10

By this time next week the National government will have outlined their ‘Budget’ and we will finally know their plans for the country going forward. From our perspective it can’t come soon enough, as it has been well portrayed through the media how frightened residential investors have become.  However, from the information that has been drip fed to us over the last few months, I believe the outcome will not be as bad as was initially predicted. One thing you can be sure of however is that new homes will never be cheaper!!  Core costs continue to rise, i.e. building consents, timber, etc... are rising significantly.  In addition, the potential lift in GST to 15% will add a further $10,000 to the cost of a $400,000 home. So, if you are considering a new home, there simply will not be a cheaper time to buy or build than today. I believe ‘opportunity’ is all about timing and this is the right time in my view. I have a fantastic range of new homes available now! You can view all of our open homes, developments and the ‘Horncastle Turnkey Collection of Homes’ on our website: www.horncastle.co.nz Enjoy your weekend.