Manawatu Property Investors' Association

027 471 9192

manawatu@nzpif.org.nz

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03-05-2017

MPIA May Meeting Shane Storey: Could Palmerston North house prices lift by 60% in two years?

Monthly Meeting
3rd May 2017

 

 


Guest Speaker

SHANE STOREY

This is an in depth presentation expanding on a brief presentation given in February. By numerous member requests for Shane to return, Shane has kindly accepted our invitation to provide members with an in depth full presentation as below.

Shane is an Accountant with a Massey University degree in Business Studies. The last 19 years as Managing Director of Storey and Associates Ltd,Accountants and Business Development Advisors situated at 234 Broadway Avenue, Palmerston North.

Shane is currently working on Business Development programs which grow and improve clients businesses.This includes property investors which Shane has a personal passion owning many rental properties himself. His extensive research has lead to some very interesting findings, which members will definitely find extremely interesting and may impact on future
investing.These include:

Demographics Can property market movements accurately be predicted? Can you get ahead of the trend? If property demand drives supply, what drives demand? Birth rates? Can birth rate trends over the last 70 years be a property investment predictor for now and 50 years into the future? Can we use birth rate trends to predict…student rental numbers, rental demand, first home buyers, mortgage demand, interest rates, beach bach prices, granny flat demand? And his formula the 1:1.74 Ratio. What is this, how does this ratio affect house prices? Why is it that for every core job created, demand is created for 1.74 houses? Why could Palmerston North house prices lift by 60% in two years?


AT 8.40PM A SPECIAL MEMBERS MEETING

will be held following Shane's presentation to discuss the venue for our future meetings


At the New venue

Wednesday 3rd May 7.30pm Start

Property Brokers Auction Rooms
240 Broadway Avenue, Palmerston North

Doors open from 7pm, Fabulous raffle prizes to be won, supper provided.
All MPIA and PIA Members Free, Visitors $20.00 at the door

For more information contact the President Pauline Beissel (0274719192)

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