Group G and H

Click the tables below to see how each country performs:

Group G

Group H

2010 Property World Cup - Group F

Today I'm pesenting Group F with our neighbours New Zealand. As you can see property is still cheaper in NZ. The conditions for foreigns to invest in Aukland or Christchurch are ideal with a relativly stable economy and excellent protection of property rights.

Have a look how other countries perform, just click the pic:

For those who visit my blog for the first time, and need some instructions how to read the table - please see the previous post!

Only two groups to go!!!

Have FUN!

2010 Property World Cup - Group E

With Group E today, we have seen 5 out of 8 groups so far.

Enjoy Group E, just click the image.

How do I read the table?

Short version:

- the more houses a country has got, the cheaper the average property price
- the more balls, points and mascots, the more attractive is it for foreigners


Extended version

The header of each column tells you what it is about.

- Team vs. Australia – the first team in the table is South Africa. The average price for a property in Australia is $450,000 (at the time of the research). The same amount can buy you on average 1.5 properties in South Africa. Which means, on average, properties in South Africa are cheaper by 33%. Please understand, this is just a guide and very general!!!

- Attractiveness for foreign Investors – 1 ball = don’t touch it!
5 balls = very attractive

- Long Term Investment rating – 1 Zakumi (mascot) = run away!
5 Zakumis = great

• Economic Freedom Rating - Scores are from 0 to 100, higher scores are more desirable i.e. more conducive to economic growth. The lower the score, the greater the level of government interference in the economy and the less economic freedom a country enjoys.
Free 80 - 100; Mostly Free 70 - 79.9; Moderately Free 60 - 69.9;
Mostly Unfree 50 to 59.9; and Repressed 0 - 49.9

• Property Rights Index - A subcomponent of the Index of Economic Freedom, the property rights index measures the degree to which a country’s laws protect private property rights, and the degree to which its government enforces those laws. Higher scores are more desirable, i.e. property rights are better protected. Scores are from 0 to 100. The index also assesses the likelihood that private property will be expropriated and analyzes the independence of the judiciary, the existence of corruption within the judiciary, and the ability of individuals and businesses to enforce contracts. I consider protection of property rights as a significant factor affecting the desirability of a residential real estate investment

Group D - the Eyeopener

Group D is proofing once again how fortunate we are to live life in Australia. Who would have thought that Germany, the country where I grew up, is less attractive for property investors than Australia.

I'd like to add a little story to that which emphazises my point even more. Two months ago I was in Germany for a visit. By the way the trip took longer than I anticipated due the volcano 'Eeeaafffiyeseusejkdhakjdha' in Iceland. While I was waiting for my return flight back to Brisbane I used the time and visited my sister in Munich. It was a great time alltogether, being able to drink German beer every day (and night).

However my point is, I wanted to buy a weekly or monthly property magazine or newspaper. I went to a number of Newsagencies in Munich. I couldn't find ONE!!! Just for your information - Munich is as big as Brisbane. That story pretty much highlights how mainstream property in Germany is! Propably as popular as German beer in Australia.

Now, you enjoy Group D - and I have a beer