| Forum Home | ||||
| PC World Chat | ||||
| Thread ID: 150395 | 2022-01-05 05:50:00 | House Prices | hueybot3000 (3646) | PC World Chat |
| Post ID | Timestamp | Content | User | ||
| 1483318 | 2022-01-06 01:46:00 | Not so in times past if they have to sell their houses like being divorced, emigrating, new job out of province. The best brains says this years prices may stabilize and drop slightly. As I said if stupid you pay stupid prices for a house you are part of the problem. If the cost of living keeps increasing then divorce rates will probably increase. It's my understanding that money stress is a top cause of marriages falling apart. Being an economist would be a brilliant job. If you're right you look like a hero and if you're wrong then you have a million variables to lay blame on. |
hueybot3000 (3646) | ||
| 1483319 | 2022-01-06 03:23:00 | until kiwis are stripped of the ability to make income from buying and selling the family home, there will never be a fix. even a crash will not fix it because you can sit and wait. Agree. This **** hole suburb has hit $650000. My son owns a $ million +. Laughable...a crosslease 80sqm fibrolite box. Still, at least he owns something....impossible nowdays for a lot of people. |
piroska (17583) | ||
| 1483320 | 2022-01-06 06:05:00 | The price of houses is supply and demand and obviously there are people mainly immigrants who can afford to buy them. The government cant do much if stupid people and immigrants pay stupid prices. They could enforce a price limit, or probably should. It will only get worse if they continue to import more people. |
Agent_24 (57) | ||
| 1483321 | 2022-01-06 06:17:00 | Australia has a system where immigrants have to build a new house. | prefect (6291) | ||
| 1483322 | 2022-01-06 06:25:00 | Agree. ....... Still, at least he owns something....impossible nowdays for a lot of people. thats just it. guys at work will be lucky if they ever will own anything. even myself, i got a bit lucky and got a cheap house before it went completely stupid. i don't think i could afford to buy it now. |
tweak'e (69) | ||
| 1483323 | 2022-01-06 06:32:00 | No kiwi will ever sell their house for less than they paid for it, so prices will NEVER go down unless forced to. interest rise to much, cost of living goes up to much etc. Yeah that's what governments are supposed to for to stop this sort of crap happening. In the end nobody benefits but a few rip-off artists and the whole economy is being disrupted because of manipulation and greed. actually there is a lot who benefit. many generations of kiwis have benefited greatly from it. that of course is one of the problems because kiwis don't want to give that up, even tho all they are doing is making future generations pay for their lifestyles today. this is also why no govt will ever fix it, all those people will vote out anyone who takes away the golden goose. i'm told one govt did actually stop it happening around 100 years ago by introducing a speculation tax, something like a 90% tax. that made it almost impossible to make money on housing. |
tweak'e (69) | ||
| 1483324 | 2022-01-06 20:34:00 | I should have voted for New Zealand First at the last election. | rumpty (2863) | ||
| 1483325 | 2022-01-09 21:01:00 | Prices go up...but remember everything goes up. Husband was earning a rather impressive (at the time) $18 an hour when he was made redundant....he started on some thing involving shillings and pence... OK houses have gone much more than wages lately, cause there weren't enough to begin with. I know of several sales in the last year. All but one were to a developer. INcluding down here, not just Auckland. This: www.realestate.co.nz Take a look at the pics. IT's lovely, the garden of which not much is shown was amazing. It's getting bowled - not the house...and extras built on the land...not sure what sort. What a waste, there isn't a shortage of land down here, that's for sure!!! Up the road is an entire strip of road that used to have HNZ houses on it and has been an empty big lawn for years now. Next to sons was a house and sleepout. It's in the process of having 9 terraced things built on it. I guess at least it increases the stock, which is the only thing that stops it........pity they're the future **** holes though. |
piroska (17583) | ||
| 1483326 | 2022-01-10 00:07:00 | I don't think that comparing sold prices with bought prices is the right way to go. Rather we say that we bought our first house for nine years wages and sold it for fourteen years wages. We think that is a better comparison. But, yes. I would not like to be paying todays prices. Our house is valued at over one million. Where do you get money like that from?:horrified |
Roscoe (6288) | ||
| 1483327 | 2022-01-10 01:52:00 | Australia has a system where immigrants have to build a new house. Them seem to do everything smarter than us. Even returning their trash because they can. |
allblack (6574) | ||
| 1 2 3 4 5 6 | |||||