colinrealestate

So, 100 more people left the country last month than arrived. Most went to Australia.  Records indicate many were youngsters and others, young families seeking higher paid semi-skilled and unskilled work. Not good, but not new.
Records also show that the Australian job market is drying up as their economy slows…usually this sees a quick shift in outflow numbers. It is also a view that most of those departing are not property owners…and First National is currently researching that very point. Watch for our media comment.
What we do need to remind ourselves that if almost as many arrived as left, our internal economy grew. Simple. To be allowed to immigrate to NZ you must have skills and money.  Of course, our economy will grow faster if we can keep our citizens home and that is a major issue for the new Govt.

Filed under: REAL ESTATE | Tagged: Real Estate