Let Them Have Caravans

It had to happen. Now that loan (LVR) restrictions are hitting home, people are turning to Recreational Vehicles (RV’s) otherwise known as motor homes ).

This is just as I predicted last year

see: http://www.ollynewland.co.nz/caravans-anyone/3646/

It’s blindingly obvious what these restrictions will produce, and the hardships that will follow as sure as day follows night.

Threats of Capital Gains Taxes, higher interest rates, denigration of “speculators”, shortage of affordable houses, higher immigration, and harsh tenancy laws, will result in one thing and one thing only:

Higher rents.

Home-hungry buyers boosting RV inquiries
By Alanah Eriksen
Sep 14, 2013

Noeleen Faulkner’s RV has a double bed, a two-seater fold-out couch, a 40-inch TV, and a full kitchen and separate bathroom.
Inquiries about luxury American RVs are starting to rise as Kiwis look for alternatives to high-priced houses.

While many Aucklanders will head to the Auckland Home Show at the ASB Showgrounds today to look at renovation ideas, others will be checking out more mobile options.

Two mobile home providers spoken to by the Weekend Herald are reporting more inquiries from people looking for self-sufficient vehicles at a fraction of the price of a house.

The city can expect to see permanent trailer park dwellers because of rising property prices and bills, believes Milton Kilgour of Silverdale RV Centre.

Read the rest here:

http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11124554

 

Noeleen Faulkner’s RV has a double bed, a two-seater fold-out couch, a 40-inch TV, and a full kitchen and separate bathroom.

                                    Photo Greg Bowker

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