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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Gib Bogle who wrote (62660)	4/24/2005 5:50:04 PM
From: Moominoid	Read Replies (1) \| Respond to of 74559

What are planning/zoning regulations like in NZ? In Australia most of the population lives in areas with house prices that have bubbled up (and the same in Britain too), whereas in the US the bubble is in only certain metro areas. The average house here in Albany NY costs $US 170k and the price falls as you go west from here.... As you go east or south it is another story :) Here is some data (doesn't look as bad as Britain in terms of price increases): rbnz.govt.nz Median is $NZ 269k: au.biz.yahoo.com That's $US 196k That is above the average house price in the US: money.cnn.com which is $US 187k