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  1. #1
    Member
    Join Date
    Sep 2004
    Location
    Rakino Island, , New Zealand.
    Posts
    386

    Default High Oil Price will hit Holiday Homes?

    With high oil prices to stay at these levels, far away holiday coastal homes will go into a slump? Must be getting expensive to drive so far away.
    This stock shines so bright that it \"Bling Blings\"

  2. #2
    Member
    Join Date
    Apr 2004
    Location
    Dunedin, New Zealand.
    Posts
    193

    Default

    I'd imagine the amount of higher costs would be insufficient to deter people from heading away on their yearly trip... demand for holidays wouldn't respond too much to small input prices like fuel costs (the highest cost is always going to be the opportunity cost of not working!), and if you're wealthy enough to own a holiday home on the coast the likelihood is that an additional couple of hundred to get there and back won't worry you too much.
    Undisputed 2006 World Cup Premierleague Champion

  3. #3
    Member
    Join Date
    Aug 2005
    Location
    kerikeri, , New Zealand.
    Posts
    155

    Default

    with luck petrol will get to $2.50 a litre and the bus companies wont need council subsidies to prop them up and I can get out of 3rd gear (on a good day) on the wat to work.[}]
    CopacaBarnsley, it\'s just like watching Brazil.
    http://barnsleybill.blogspot.com/

  4. #4
    Senior Member
    Join Date
    May 2002
    Location
    Wainui, New Zealand.
    Posts
    923

    Default

    quote:Must be getting expensive to drive so far away.
    Show me a commodity that is not affected by increase in oil price....perhaps the vegs in your garden...no, even the seeds have a transport cost....

  5. #5
    Senior Member
    Join Date
    Apr 2004
    Location
    , , Cayman Islands.
    Posts
    551

    Default

    quote:Originally posted by ari

    quote:Must be getting expensive to drive so far away.
    Show me a commodity that is not affected by increase in oil price....perhaps the vegs in your garden...no, even the seeds have a transport cost....
    Yep, this whole oil fiasco is going to be hugely inflationary..

    regards,

    Sauce [}]

  6. #6
    Senior Member
    Join Date
    Apr 2004
    Location
    , , Cayman Islands.
    Posts
    551

    Default

    quote:Originally posted by barnsley bill

    with luck petrol will get to $2.50 a litre and the bus companies wont need council subsidies to prop them up and I can get out of 3rd gear (on a good day) on the wat to work.[}]
    tehe the glass is half full in your part of the world i see.

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