Good time to be buying if you can, but maybe even better in the near future.Like Dean mentioned Auckland is the place to be if you can afford it, that's where most of the population growth is and the supply and demand is out of kilter.Christchurch is a dead duck unless you know how to deal with Earthquake damaged, uninsured houses.Wellington is doing ok right now but is a "late starter".And the list goes on, feel free to PM me if you wish to discuss things more Indepth.If you don't live in NZ can I ask why NZ?

The second inspector even insisted the house be retrofitted for earthquakes - but its a brick foundation.

Earthquake coverage is also not offered in my market.

Does anyone take in consideration weather/natural disasters when investing out of state (ie tornados, hurricanes, earthquakes etc)  or is it "I have insurance who cares" mentality? 

Looking at 2 fam's in one of the following areas, West Palm Beach, Delray Beach, Little Haiti Miami or Ft Lauderdale.  

The rent we receive for the home is $80 shy of our mortgage, so as it is we are losing money every month. in the last couple years we have had to scrape together over $6,000 for a new front porch, $1,500 for a new water heater, hundreds for a new window that allegedly broke during an earthquake, a new washer. a new sink and so much more.

Miami Beach, Brickell and Wynwood may already be too pricey but the up and coming Little Havana, The Roads, LIttle River/LIttle Haiti are in the vicinity but might not have the price tag.

If any of you have opinions, or suggestions on specific neighborhoods, or experience with these locations that would be helpful.Orlando, flDallas, txDenver, coAtlanta, gaMemphis, tnNashville, tnLas Vegas, nvCharlotte, ncRaleigh, ncMiami, FL (Little Haiti)Columbus, OHBoise, idPhiladelphia, PA. ...Phoenix, azMinneapolis, mnDetroit, MI (I personally like the motor city)Seattle and Portland are enticing, but the Rent to Purchase Ratio is too high.

It isn't going anywhere, especially since it is not on a slab.The earthquakes could have definitely cracked the plaster.

Of course you will need the right hazard insurance added to your calculations ( hopefully no flood or earthquake; etc.).