{"id":41012,"date":"2017-01-18T10:03:31","date_gmt":"2017-01-18T03:03:31","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/flipping-hell-new-zealand-property-frenzy-as-two-houses-sold-five-times-in-four-days\/"},"modified":"2017-01-18T10:10:26","modified_gmt":"2017-01-18T03:10:26","slug":"flipping-hell-new-zealand-property-frenzy-as-two-houses-sold-five-times-in-four-days","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/flipping-hell-new-zealand-property-frenzy-as-two-houses-sold-five-times-in-four-days\/","title":{"rendered":"Flipping hell! New Zealand property frenzy as two houses sold five times in four days"},"content":{"rendered":"


\nReal estate watchdog to investigate the dealings as Auckland red-hot market continues to soarAn investigation has been launched into how two Auckland homes were sold five times in four days as the practice of \u201cflipping\u201d continues to boom in New Zealand\u2019s largest city and hottest property market.The two houses are located side by side in the suburb of Mangere Bridge in south Auckland, where flipping is most common, according to an analyst from CoreLogic. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Flipping hell! New Zealand property frenzy as two houses sold five times in four days<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Real estate watchdog to investigate the dealings as Auckland red-hot market continues to soarAn investigation...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-41012","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-aFu","jetpack-related-posts":[{"id":41070,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/flipping-crazy-two-auckland-houses-get-sold-five-times-in-four-days\/","url_meta":{"origin":41012,"position":0},"title":"Flipping crazy! Two Auckland houses get sold five times in four days","date":"January 18, 2017","format":false,"excerpt":"\r One of the properties was sold twice in a day Auckland\u2019s financial centre skyline at dusk. ChameleonsEye\/Shutterstock In case you were in any doubt of the red-hotness of Auckland property, have a chew on this. Two houses in the city were turned over five times in a mere four\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25625,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/auckland-speculators-flipping-homes-on-same-day-of-purchase\/","url_meta":{"origin":41012,"position":1},"title":"Auckland speculators flipping homes on same day of purchase","date":"September 10, 2016","format":false,"excerpt":"\r Auckland property speculators are on-selling homes on the same day of purchase for huge profits, sometimes without even setting foot inside.Incredibly, one Auckland house was sold three times in a single day with its value surging...\r \r Source : nzherald.co.nz\/Property\r Read more...Auckland speculators flipping homes on same day of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21356,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/flipping-insanity-the-mad-world-of-auckland-house-prices\/","url_meta":{"origin":41012,"position":2},"title":"Flipping insanity: the mad world of Auckland house prices","date":"July 30, 2016","format":false,"excerpt":"\r Speculators, investors and homeowners cashing in on Auckland's rampant property market made close to a $200 million capital gain in under 18 months.Dramatic new figures released exclusively to the Weekend Herald by homes.co.nz reveal...\r \r Source : nzherald.co.nz\/Property\r Read more...Flipping insanity: the mad world of Auckland house prices","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":50528,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-auckland-homes-flipped-three-days-later-for-600k-instant-profit-4\/","url_meta":{"origin":41012,"position":3},"title":"Two Auckland homes flipped three days later for $600k instant profit","date":"April 1, 2017","format":false,"excerpt":"\r A real estate agent who sold two adjacent homes is adamant he got \"top dollar\" for his clients, despite a speculator flipping both properties three days later for an extra $300,000 each.One of the families had no idea their old...\r \r Source : nzherald.co.nz\/Property\r Read more...Two Auckland homes flipped\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":50408,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-auckland-homes-flipped-three-days-later-for-600k-instant-profit\/","url_meta":{"origin":41012,"position":4},"title":"Two Auckland homes flipped three days later for $600k instant profit","date":"April 1, 2017","format":false,"excerpt":"\r A real estate agent who sold two adjacent homes is adamant he got \"top dollar\" for his clients, despite a speculator flipping both properties three days later for an extra $300,000 each.One of the families had no idea their old...\r \r Source : nzherald.co.nz\/Property\r Read more...Two Auckland homes flipped\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":50448,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-auckland-homes-flipped-three-days-later-for-600k-instant-profit-2\/","url_meta":{"origin":41012,"position":5},"title":"Two Auckland homes flipped three days later for $600k instant profit","date":"April 1, 2017","format":false,"excerpt":"\r A real estate agent who sold two adjacent homes is adamant he got \"top dollar\" for his clients, despite a speculator flipping both properties three days later for an extra $300,000 each.One of the families had no idea their old...\r \r Source : nzherald.co.nz\/Property\r Read more...Two Auckland homes flipped\u2026","rel":"","context":"In "Property 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