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Auckland apartments set to continue sliding in value
"The CBD apartment market has been fried to a crisp by over zealous property developers and the Auckland City Council's hunger for more rates," Mr Trass said.

"To top it off, many apartment buyers were lured into buying overvalued apartments by slick and high-pressure marketing under the guise of buying a bargain and false promises of making easy money."

False promises of making easy money? How hard is to make money? You simply feed the paper into the Prosperity Generating Currency Debasement Machines™. Why can't New Zealand's government simply do what Zimbabwe's government does?

It sure makes it hard to decide what to do when governments can't decide what to do. I mean really, one minute we're fending off hyperdeflation and the next we're going to go after hyperinflation? Here's a thought. Why not just have a stable currency so we don't have to decide? Nah, that's just crazy talk.

So which is it this week? Does the casino favor inflation or deflation? In America, I believe we're shooting for hyperdestaginflation not so much for the win, but just to mix it up a bit and keep the game interesting. I don't know about you, but I find myself hoarding canned goods. It is about the only investment left that can't burn me if I guess the government's intentions incorrectly. And no, I'm not looking for a way to overleverage my canned goods play using derivatives, lol.

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