Buying real estate today?

blueflame · 01-10-09, 03:04 AM

I'm thinking about buying a 2500sqft little warehouse to have a full workshop to make prototype gadgets and stuff.

Here in NZ prices are low maybe getting lower and interest rates are low too, down from 9.2% 1 year ago to 6% now, will go to 5% soon.

This one I'm looking at is 30% cheaper than identical next door 1 year ago, so its well priced.

I need a change and the workshop/warehouse living is something I've wanted for a long time.

01-10-09, 03:04 AM	#1
blueflame Lurking Renovator Join Date: Dec 2008 Posts: 13 Thanks: 0 Thanked 0 Times in 0 Posts	Buying real estate today? I'm thinking about buying a 2500sqft little warehouse to have a full workshop to make prototype gadgets and stuff. Here in NZ prices are low maybe getting lower and interest rates are low too, down from 9.2% 1 year ago to 6% now, will go to 5% soon. This one I'm looking at is 30% cheaper than identical next door 1 year ago, so its well priced. I need a change and the workshop/warehouse living is something I've wanted for a long time.