The Muster- Robin Greer: Rural Real Estate Is In A Positive Space

Robin Greer of PGG Wrightson Real Estate looks the mood of the rural real estate scene.

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Episode Transcript

Speaker 1 (00:10):
Robin Greer of PGG Rights in real Estate joins us
next on the muster. Robin, good afternoon. How have you
been very.

Speaker 2 (00:18):
Good things Andy here? Yeah, enjoying this great spell of
weather and great grass growth and all positive things that
are happening in the province at the moment.

Speaker 1 (00:28):
Yeah, we just needn't need to knock these frosts on
the head at least for a couple of weeks though.

Speaker 2 (00:33):
Yes, that was a bit of a shock yesterday you're
going out to shift the heather as that was to
put an extra jacket on. That was a bit much. Yeah,
we're got a heap of bowers spell today like the
last while, and it's it's been really great. Yeah, we've
caught up on any growth that we missed out on
earlier on this season.

Speaker 1 (00:53):
That's the thing about the South at the moment, there's
a lot of positive stuff going on. We hear about
the gold mine that it's going to happen at way
Kaka and the Southern field. Days have been and gone,
but there were a great success and just a lot
of good news stories to celebrate at the moment.

Speaker 2 (01:09):
Ah, like Southland's in a great spot. I think in
my thirty through thirty four years here, I don't think
I've ever seen everything as positive as what it is now.
It's really great to see, you know, there should be
so many people benefiting from what's going on at the moment.

Speaker 1 (01:24):
Well, it's just a really good place to be in.
And I suppose this just flows on to the real
estate side of things as well.

Speaker 2 (01:31):
Yeah, like that, that's very positive. I guess the biggest
challenge we have at the moment is needing more dairy farms.
To listen, you know, there's certainly people out there wanting
to buy dairy farms. It's been very positive.

Speaker 1 (01:43):
Is that the biggest difference you've noticed to say, twelve
months ago.

Speaker 2 (01:47):
Yes, Like there's genuine buyers out there now, genuine buyers
with the resources to do things at the moment. Yeah,
it's very positive, that's for sure. And like you know,
when you look at the auction last night and all
what's going on, you've got no reason not to be optimistic,

(02:08):
have we.

Speaker 1 (02:08):
Well, the rise of five point seven last night, it's
certainly put dairying up and lights once again. Regarding the
Kiwi economy, Yeah, ah, look.

Speaker 2 (02:18):
What it does for the country. Heck, I guess there's
a lot of people just don't appreciate just well where
the country would be if it wasn't for a dairy at.

Speaker 1 (02:26):
The moment now, I think especially in a tiger in
South and the numbers regarding GDP too, we can never
understate these.

Speaker 2 (02:33):
Oh it's south and it's always hold more than it's weight,
well far more than it's weight. But at the moment
it must be coloss or compared to the rest of
the country. So if you put it on a per
head of population, there's no use in the country would
match us. Come anywhere near us?

Speaker 1 (02:51):
Okay, she beef units? What are we seeing there?

Speaker 2 (02:54):
Well, it's certainly positive, but it's not as vigorous is
the dairy thing. Like, if there's someone in the area
that wants to expand, definitely, you know, very positive. But
if there's not someone that wants to expand, you know,
it is a bit of a challenge still.

Speaker 1 (03:15):
So like to somebody who wants to lease maybe four
hundred acres looking at a fattening block or whatever, what
would your words of advice be.

Speaker 2 (03:22):
It's challenging to find lease blocks and with the returns
the way they are, I'm working on one that might
come up. But yeah, they are challenging to find because,
like you know, if your gray head like me and
don't want a farm forever, there's probably I don't believe
there's been a better time to get out, you know,

(03:43):
if you look at land prices and stock prices, like gee,
in my farming career forty five years, I don't think
I've ever seen it like this before, well not for
a long long time anyway.

Speaker 1 (03:56):
PGG writes in Real Estate of somebody wants to get
in touch if you're regarding real life state, what do
they do?

Speaker 2 (04:01):
Yeah, they can give me a bell on O two
seven four three three two five eight, or certainly look
up PGD Wrights this website, get in touch with.

Speaker 1 (04:10):
Us, get on your robin noise. Good to catch up.

Speaker 2 (04:13):
Hey, thanks very much, Andy,