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  1. #151
    FEAR n GREED JBmurc's Avatar
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    Quote Originally Posted by SBQ View Post
    Even if you factor the statistical measure with the bell curve, no matter which part of the bell, the results is so compelling that NZ is so far out of touch in affordability or what you get in a house.

    Another figure to look at is land prices for empty sections. Here in Christchurch we're looking near $300,000 for 600m2 size sections in new sub-divisions.

    Many years ago I remember on talk radio talking about some overseas celebrity visiting NZ that made a statement saying "NZ is a rip-off place" and I think the public kinda took offense to the person's statement. But there was some merit to the person's claim. I suppose when NZ residents hear that kind of negativity, they can't give any other excuse or a way to change it so they come back with remarks like "Well if you don't like NZ you don't have to visit again etc.."
    Yes been looking over at Utah state ... looks just like one HUGE Central Otago but with much cheaper property
    People don't have ideas, ideas have people

  2. #152
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    Quote Originally Posted by JBmurc View Post
    Yes been looking over at Utah state ... looks just like one HUGE Central Otago but with much cheaper property
    Yeah, but look what the poor buyers get for a president.

  3. #153
    FEAR n GREED JBmurc's Avatar
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    Quote Originally Posted by fungus pudding View Post
    Yeah, but look what the poor buyers get for a president.
    LOL yes and we have Comrade Cindy .. polar opposites..
    People don't have ideas, ideas have people

  4. #154
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    Another week; another housing unaffordability article;Another drop in NZ home ownership rate? The housing divide continues.
    https://www.stuff.co.nz/business/118...ess-affordable

    Good news for the tax efficient de facto retirement schemes for boomers, but bad news for first home buyers and home upsizers.

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