Property costs in NZ - the heart of evil

[sidecar bob]

And because people like you have used the housing market to make as much money as possible most can't afford to buy their first home due to over inflated house prices.

Yes, & that is because all the stupid people that paid the over inflated house prices had a gun held to their heads while they signed up for them.
Its called supply & demand. if you cant afford a first home, I suggest getting two or three jobs & doing the hours to get the rewards.

[BoristheBiter]

Yes, & that is because all the stupid people that paid the over inflated house prices had a gun held to their heads while they signed up for them.
Its called supply & demand. if you cant afford a first home, I suggest getting two or three jobs & doing the hours to get the rewards.

1) I have my own home thanks,
2) I wouldn't call having one a reward.

[Indiana_Jones]

you can't get into property with a short term plan.

This I agree with.

And two or three jobs to buy your first basic home? where the fuck did we go wrong? lol

If I could go back I might still buy a house but no way in hell would it be in Auckland.

Pretty much what I think I'll end up doing. Buying a house in Bucklame seems silly when you can get twice the house for half the cost elsewhere.

-Indy

[neels]

A bit of research would suggest that immigration has a substantial effect on house values, after all the extra money for the increased house values has to come from somewhere, you can't just decide to ask 100k more for your house and expect the buyer to find the money out of thin air.





As per previous posts, there appears to be a different mindset regarding house buying compared to the past. If you're complaining that you can't save a deposit then you need to look at if you have;

a car less than 20 years old
any bling on your car it doesn't need
sky tv
iPhone/iPad/any other iWank
any new furniture
any new appliances
been overseas for a holiday
any money owing on a credit card

If the answer is yes, that's where your deposit went.

[Indiana_Jones]

a car less than 20 years old

So the guy with the Morris 1300 is sweet?

-Indy

[sidecar bob]

1) I have my own home thanks,
2) I wouldn't call having one a reward.

Aww stink bro.
You need to get a flash as pad like me then!!!

[BoristheBiter]

Aww stink bro.
You need to get a flash as pad like me then!!!

Why I'm never there as I'm working my 3 jobs to pay for it

[Delerium]

A lot of whinging about the I want it now generation. Interesting. How many of you had a 30,000 plus head start via student loan before getting into property?

Thought so. Its not all lollipops and sunshine.

Hope your looking forward to when my generation gets into government and kicks super out the door.

[BoristheBiter]

A lot of whinging about the I want it now generation. Interesting. How many of you had a 30,000 plus head start via student loan before getting into property?

Thought so. Its not all lollipops and sunshine.

Hope your looking forward to when my generation gets into government and kicks super out the door.

I wouldn't expect anything less from a generation that thinks it deserves something for nothing.

[Delerium]

I wouldn't expect anything less from a generation that thinks it deserves something for nothing.

Get a grip. The country simply cant afford it. I dont expect to get govt provided super either. Not enough taxpayers to support the retired. Super is already the biggest cost in welfare. Oh and by the way, my student loan is already paid back and I have two jobs, one of which I will have more responsibility than you ever will.

[BoristheBiter]

Get a grip. The country simply cant afford it. I dont expect to get govt provided super either. Not enough taxpayers to support the retired. Super is already the biggest cost in welfare. Oh and by the way, my student loan is already paid back and I have two jobs, one of which I will have more responsibility than you ever will.

Bit full of yourself me thinks. Why would I give a shit about your student loan?
SO what is this job that makes you have SO much more responsibility that I will every have?

If you care that little for those that have come before you than you are a right selfish arse.
Where did you learn? All paid for by those that have come before you?

[sidecar bob]

Get a grip. The country simply cant afford it. I dont expect to get govt provided super either. Not enough taxpayers to support the retired. Super is already the biggest cost in welfare. Oh and by the way, my student loan is already paid back and I have two jobs, one of which I will have more responsibility than you ever will.

Responsibility is for dumb fucks that arent far enough up the ladder to dump it onto someone else, its the income that counts.

[jonbuoy]

Get a grip. The country simply cant afford it. I dont expect to get govt provided super either. Not enough taxpayers to support the retired. Super is already the biggest cost in welfare. Oh and by the way, my student loan is already paid back and I have two jobs, one of which I will have more responsibility than you ever will.

That drive through window can be stressful on a Saturday night eh? NZ is in a housing bubble.

[caspernz]

As per previous posts, there appears to be a different mindset regarding house buying compared to the past. If you're complaining that you can't save a deposit then you need to look at if you have;

a car less than 20 years old
any bling on your car it doesn't need
sky tv
iPhone/iPad/any other iWank
any new furniture
any new appliances
been overseas for a holiday
any money owing on a credit card

If the answer is yes, that's where your deposit went.

Bit of truth in that... There seems to be a thought amongst some that living like the middle class on minimum wage is actually possible, or even their right...

[Delerium]

That drive through window can be stressful on a Saturday night eh? NZ is in a housing bubble.

Wouldnt know, are you speaking from experience?