And you think that's a good sign?? how well will these new investments play out with 7%+ interest rates
Back in 2011 NZ rating got downgraded
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10755483
Under the looney Far left NZ Govt we will get downgraded again,,,, as your post shows the Bubble in Commercial property is as bad as Auck Res...
Some serious pain coming for many nations with overpriced property ....
silver investment: The Lowest Risk, Highest Return Potential, page-282
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