Guest Speaker
SHANE STOREY
Shane is an accountant with a Massey University degree in Business Studies. For the last 19 years he has been 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 investments, in which Shane has a personal passion, owning many rental properties himself.
His extensive research has lead to some 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 50% in five years?
Come along to find out the answers!
Agenda:
NZ is operating in RED Covid-19 Protection framework. Attendance with vaccine pass only. Masks are mandatory
The Bridge Clubs rules are entry to vaccine pass holders only
Gatherings are limited to 100 people based on 1 metre distancing, this gives an approximate capacity of 60 people at the Bridge Club.
Palmerston North Bridge Club
Corner Cook and Cuba Streets, Palmerston North
Doors open from 7pm, supper provided.
Visitors and non-member Landlords welcome - $20 each at the door.
For more information contact the President: Pauline Beissel (0274719192)
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