F-U Auckland house prices

[Ocean1]

I meant that the consent (and associated) fees should be more affordable given the cheaper building costs of the printed hoose.

I'm sure there's a lot of truth in that, however I'd be pretty pissed if my house fell down because there was noone signing it off as habitable.

Why? In theory the more common a building design and material is the cheaper it is to comply. It's for the weird shit that council need engineering calc's and often several other pro design declarations, which cost shitloads.

What makes you think complying with building standards makes a house any less likely to fall down? If you were serious about making sure it was safe you'd hire your own engineer / inspector to advise you, asking the council is simply pointless.

[AllanB]

What makes you think complying with building standards makes a house any less likely to fall down? If you were serious about making sure it was safe you'd hire your own engineer / inspector to advise you, asking the council is simply pointless.

Living in Christchurch there is proof of the above.

Unreinforced concrete slabs - Council approved.

Untreated timbers - Council approved.

Extensions ripping away from the original house - all Council approved.

[gsxr]

Yup agreedthe only way it works is with capital appreciation and historic low interest rates. Its sorta kinda affordable with rates at 5.5 and under. do the sums at 8, 10 and 12% (let alone the historic highs that I remember from the 80's: try first mortgages at 21 and 22% and see how that goes....).

in fact the people who should be blamed are real estate agents. No wonder you see their gurning mugs on the back of buses... do the sums on a $500k purchase. then if you want to flick it on you need to flick it at $545 or so to break even. Fucking leeches.

I remember the 80s . My ex wife managed to get the house until the children were 16 so i had to start again
Lending criteria was harsher back then. I had changed banks and the minimum savings history with them was 2 years .
Deposit on my next house was 40 % deposit with an interest rate of 23.5 % .Granted prices were lower but so were wages
23.5% is a massive rate to pay but was achievable as one does what one needs to do .

[sidecar bob]

I remember the 80s . My ex wife managed to get the house until the children were 16 so i had to start again
Lending criteria was harsher back then. I had changed banks and the minimum savings history with them was 2 years .
Deposit on my next house was 40 % deposit with an interest rate of 23.5 % .Granted prices were lower but so were wages
23.5% is a massive rate to pay but was achievable as one does what one needs to do .

And how's the ex doing now? Seriously, I've seen them given heaps & be worth nothing a few years later.

[mashman]

Why? In theory the more common a building design and material is the cheaper it is to comply. It's for the weird shit that council need engineering calc's and often several other pro design declarations, which cost shitloads.

What makes you think complying with building standards makes a house any less likely to fall down? If you were serious about making sure it was safe you'd hire your own engineer / inspector to advise you, asking the council is simply pointless.

A few designs I've looked at over the years have come with the engineering/structural info. I can only assume that's partly because of compliance. It may well be that the printed house doesn't, but I'd be surprised.

Yup, anyone could hire their own engineer/inspector should they wish, but why would you if the engineering/structural info states that so long as you build to the specs provided then you SHOULD be sweet. I didn't say anything about the council making any difference.

[Ocean1]

A few designs I've looked at over the years have come with the engineering/structural info. I can only assume that's partly because of compliance. It may well be that the printed house doesn't, but I'd be surprised.

Yup, anyone could hire their own engineer/inspector should they wish, but why would you if the engineering/structural info states that so long as you build to the specs provided then you SHOULD be sweet. I didn't say anything about the council making any difference.

Yes, spec houses usually come with enough documentation to successfully achieve compliance. In theory. In fact, the reg's change so often that pre-compliance is almost unheard of. Nor is engineering/structural info enough to obtain a permit to build. And you don't actually have a choice about asking the council. And you'd better do it politely or you can whistle for your permit.

Which was rather my point, they add fuck all value to any given build and charge you a significant portion of the build cost to do so. A monopoly rort, ineffective, unnecessary and brought to you by your local whiney arsed bitch complaining that "aorta" do something about his problems.

[PrincessBandit]

When I look at the market now, compared to when we bought our house back in 2000, we would be hard pressed to purchase in Auckland if we were starting from scratch. My son and his fiancé will most likely have to look outside of Auckland, even outside of South Auckland now (yeah, now that's reeeeeal bad!) if they want to save to buy a house. I have talked with them that saving a house deposit normally requires significant sacrifice financially/life style wise so unless you're lucky enough to inherit or win the lottery hard work saving is probably the only way. Even then, that doesn't guarantee anything here in our over-inflated Auck-bubble.

When we bought our first home we had to have 20% deposit. We thought house prices were high back then (late 80's) but nothing compared to todays mind boggling figures. Then banks went on their "no deposit" or 5% deposit rampage and people no longer had to forgo quite the same way in order to get their finance together. Once the banks returned to requiring a decent deposit people weren't used to that and now struggle to make ends meet.

All I can say is that, for me, I'm so glad I'm not at the start of the house buying continuum! In fact, without want to wish my life away, I look forward to being able to retire and move away from Auckland, knowing that we'd never in a million years be able to afford to come back here.

[Voltaire]

I hear that Ballina N.S.W is a nice place to retire but the climate can make you go a bit troppo

[swarfie]

I hear that Ballina N.S.W is a nice place to retire but the climate can make you go a bit troppo

[Banditbandit]

I hear that Ballina N.S.W is a nice place to retire but the climate can make you go a bit troppo

Pity it's only Ballina, NSW .. Ballina, County Cork, Ireland would be much better ...

[mashman]

Yes, spec houses usually come with enough documentation to successfully achieve compliance. In theory. In fact, the reg's change so often that pre-compliance is almost unheard of. Nor is engineering/structural info enough to obtain a permit to build. And you don't actually have a choice about asking the council. And you'd better do it politely or you can whistle for your permit.

Which was rather my point, they add fuck all value to any given build and charge you a significant portion of the build cost to do so. A monopoly rort, ineffective, unnecessary and brought to you by your local whiney arsed bitch complaining that "aorta" do something about his problems.

Sure, you have to ask nice. Why should they do business with you otherwise? It's their land.

Yeah well, owners choice right?

[Ocean1]

Sure, you have to ask nice. Why should they do business with you otherwise? It's their land.

Yeah well, owners choice right?

Then why don't they pay for it?

And no, owners don't get any choice, it's their way or fuck off.

[mashman]

Then why don't they pay for it?

And no, owners don't get any choice, it's their way or fuck off.

They claim to own it, so dance to their tune or don't. Users choice shirley?

Then I would venture that those who claim to be owners actually aren't.

[Ocean1]

They claim to own it, so dance to their tune or don't. Users choice shirley?

Then I would venture that those who claim to be owners actually aren't.

Where do councils claim to own privately held land? I'll be moving there straight away in order to not pay rates or service charges.

You're talking shit, as usual.

[mashman]

Where do councils claim to own privately held land? I'll be moving there straight away in order to not pay rates or service charges.

You're talking shit, as usual.

You have rights to the land. They own it given that they are a representative of the crown entity... coz the crown owns all land. Hence you have to go begging to them in order to do something to that land that is outwith that which they have already stipulated i.e. the regs. That they can keep changing the regs as to what happens on that land proves that you only have rights to it and that they own it. Easy really... well, for those who don't live in dictionary definition land.

And as per usual, you're woefully under informed.