Property costs in NZ - the heart of evil

[BoristheBiter]

I always love this statistic.
Has anyone here paid $500K+ for a house? I didn't. I live 10min from work and 20min from CBD.

No I paid more, much more, but then I paid more to be in the country.

No fucking way would i live that close to the cbd or work.

[Brian d marge]

No idea, I don't live anywhere near a city.

I'd struggle with the workshop size. 'Er indoors reckons I need to get rid of some stuff, but there's not a single item in those garages that isn't absolutely vital to civilisation as we know it.

oh I understand ,,,,,,,I really do

we built the house on the site of me larger workshop....... , Now I have a computer terminal and a bike ramp,,and bench space ( storagein another place ) ,,,

it forced me to do everything on the computer and basically to get it right first time ( as it cost me moneyto do it again!)

there is a work I use a lot and it starts with an F and ends with a K ........ and I used that a lot when we built the house ...


Stephen


PS NONE of the enfield bits went ...they ARE essential to western civilisation

[scissorhands]

Overseas buyers are seeing value in the NZ market. While Kiwis dither and moan, more aggressive virulent species of human are making money while we doze in godszone's temperate climate of lassitude....
As a property holder myself for many years, I can only suggest we look at our own lifestyles, if the foreign hordes invade our lands, maybe we need to sharpen our own pencils rather than dull the pencils of these invaders
They bask in sunshine and a driven climate, and bring/fly over its harvest upon our meagre climate and attitudes...
Aggressive invasive species of plant and animal are nothing new to these lands, yet now they take the form of a property investor
Something is rotten in Denmark....

The land has spoken. regards Scissors



Australians are contributing to New Zealand's skyrocketing house prices, with new research showing they bought more property than any other overseas group.

The figures have prompted calls to ban purchases by foreigners or impose a tax on top of the sale price.

BNZ chief economist Tony Alexander has found Australians are the biggest single group of overseas buyers with 22 per cent of all property purchases by foreigners. Chinese are second at 20 per cent and British at 13 per cent.

The BNZ-REINZ survey asked real estate agents to identify the proportions of their sales to various groups. It found 8 per cent to 9 per cent of sales were to foreigners.

While there are no exact figures showing the number of house purchases by foreigners, Real Estate Institute figures last month showed 7714 residential properties were sold. If that trend continued and around 90,000 houses were sold annually, about 8000 New Zealand houses could be going to foreigners...........
cont http://www.nzherald.co.nz/nz/news/ar...ectid=10891504

[unstuck]

Funny, seems to be Hamiltonians that are buying up the houses around here.

[scissorhands]

Funny, seems to be Hamiltonians that are buying up the houses around here.

Southland has incredible value, many properties have buildings that to replace, would be 5times the sale price
I nearly purchased a pub near you for $150k.... 2 bars 10 bedrooms 1 acre on a main road. The building alone to replace would be $1million

Dont wait!

[unstuck]

Interesting, I have been keeping an eye on this, http://www.trademe.co.nz/property/ru...-601360659.htm And came across this, http://www.trademe.co.nz/property/ru...-521635106.htm Which is where I do most of my trail bike riding, and is actually DOC estate. I wonder if DOC know it is for sale.

[Indiana_Jones]

http://www.stuff.co.nz/national/8921...st-home-buyers

Worried about this shit going ahead. Glad I'm not going to be buying in Auckland now.

-Indy

[avgas]

I live in Tokyo

I have a 3 bedroom town house

a little bit of a garden and a Car port and a 10m square office/workshop

15million yen total over 40 yrs

hows that compare!

stephen

Dirt cheap - $200K?

[Brian d marge]

Overseas buyers are seeing value in the NZ market. While Kiwis dither and moan, more aggressive virulent species of human are making money while we doze in godszone's temperate climate of lassitude....
As a property holder myself for many years, I can only suggest we look at our own lifestyles, if the foreign hordes invade our lands, maybe we need to sharpen our own pencils rather than dull the pencils of these invaders
They bask in sunshine and a driven climate, and bring/fly over its harvest upon our meagre climate and attitudes...
Aggressive invasive species of plant and animal are nothing new to these lands, yet now they take the form of a property investor
Something is rotten in Denmark....

The land has spoken. regards Scissors



Australians are contributing to New Zealand's skyrocketing house prices, with new research showing they bought more property than any other overseas group.

The figures have prompted calls to ban purchases by foreigners or impose a tax on top of the sale price.

BNZ chief economist Tony Alexander has found Australians are the biggest single group of overseas buyers with 22 per cent of all property purchases by foreigners. Chinese are second at 20 per cent and British at 13 per cent.

The BNZ-REINZ survey asked real estate agents to identify the proportions of their sales to various groups. It found 8 per cent to 9 per cent of sales were to foreigners.

While there are no exact figures showing the number of house purchases by foreigners, Real Estate Institute figures last month showed 7714 residential properties were sold. If that trend continued and around 90,000 houses were sold annually, about 8000 New Zealand houses could be going to foreigners...........
cont http://www.nzherald.co.nz/nz/news/ar...ectid=10891504

yup thats called the "free market " , suposed to make everyone who can , rich

oh and dont worry the "wealth created by those who can , will "trickle down"


BBAAAAAHAHAHAHAHAHAHAHAHAHA

Stephen

ps can I say i told you so ,,,,,or should I wait !

[Indiana_Jones]

"The higher cost of living in terms of home purchase and rental prices, rates, public transport and petrol consumption are easily offset by the higher salaries and better job opportunities in Auckland, compared to the rest of New Zealand. So this must be held in perspective when Auckland is criticised by the rest of New Zealand for its high cost of living."

http://www.nzherald.co.nz/nz/news/ar...ectid=10910135



-Indy

[mashman]

"The higher cost of living in terms of home purchase and rental prices, rates, public transport and petrol consumption are easily offset by the higher salaries and better job opportunities in Auckland, compared to the rest of New Zealand. So this must be held in perspective when Auckland is criticised by the rest of New Zealand for its high cost of living."

http://www.nzherald.co.nz/nz/news/ar...ectid=10910135



-Indy

Everything is cheaper because of competition and yet, it's more expensive. Cunt should make his mind up. I didn't realise that the 50k earned in Wellington less far as the 50k earned in Auckland... I must ask for a payrise.

How's the hunting going?

[Indiana_Jones]

Been to a few open homes, just taking it slow, no rush. Would help if the mrs got a job, but that won't happen until the baby pops out at the earliest.

-Indy

[mashman]

Been to a few open homes, just taking it slow, no rush. Would help if the mrs got a job, but that won't happen until the baby pops out at the earliest.

-Indy

lazy bitch... (was thinking the Meaning of Life with Mother in the kitchen and the stork arriving, but couldn't find the clip)

[Ocean1]

About fucking time.

http://www.stuff.co.nz/national/poli...t-from-fee-cut

Although the cynic in me suggests rates will simply go up to compensate...

[BMWST?]

About fucking time.

http://www.stuff.co.nz/national/poli...t-from-fee-cut

Although the cynic in me suggests rates will simply go up to compensate...

Make the infrastructure the developers problem then including the required upgrades ,keep the councils out of it


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