Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.
View this topic in a long page with up to 500 replies per page Create new topic
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | ... | 19
3721 posts

Uber Geek
+1 received by user: 1209


  Reply # 2082358 1-Sep-2018 13:40
One person supports this post
Send private message quote this post

I attribute Aucklands increased house prices to chinese immigrants and printed money (ie, low interest rates) flooding the global economy. 

 

People don't like pointing at the chinese, but clearly the chinese population in Auckland has dramatically increased. I remember the time when the queen st arcade parlours were filled with maoris and european kids ...at some point around 1993'ish the asians started outnumbering the locals  and the demographic changes have accelerated if anything. 

 

I've lived in a few western cities around the world , and Auckland is not the best by far.   There are some nice things, the eastern suburb beaches, north shore coast, pleasant harbour,  but, really Auckland is quite a shabby little city with poor quality housing and awful traffic.   Aucklands awkward geography ensures it's small population clogs up the roads. 

 

 

 

 


999 posts

Ultimate Geek
+1 received by user: 185

Trusted

  Reply # 2082404 1-Sep-2018 14:28
2 people support this post
Send private message quote this post

what's up with the racial comments blaming immigrants and chinese ppl in particular? I though we are more educated group of ppl and not stuff/nzherald facebook page.

 

this is called globalisation. everyone is free to move where and when they like. the more popular place is - the higher cost of living and housing. NZ is one of the popular destinations for people not because of house affordability, but because it's more or less stable countries to live in, nature and remoteness from the rest of the world.

 

try to get property in LA, SF, Vancuver, London, Paris, Melbourne, Sydney, etc, etc you'd be shocked. NZ house prices are at the bottom from major cities. Mansion for few million $ here would cost few times more elsewhere. 

 

There're houses in AKL under ~650k relatively new like build 8-10 yrs ago. But TOWNHOUSES, which is not kiwi way of living :( we'd seen stand alone houses in this price bracket 6 months ago, okeish houses.

 

IMO, I believe lack of adaptation and willingness to change habits are costing kiwis a fortune.

 

I'd say CHANGE to the world we're all living in.





helping others at evgenyk.nz


gzt

10117 posts

Uber Geek
+1 received by user: 1539


  Reply # 2082409 1-Sep-2018 14:39
One person supports this post
Send private message quote this post

kobiak: IMO, I believe lack of adaptation and willingness to change habits are costing kiwis a fortune.

NZ government and local government policy has not kept pace. Quality of new construction is not great in some places either.

Linux Systems Admin
892 posts

Ultimate Geek
+1 received by user: 139

Trusted
Subscriber

  Reply # 2082452 1-Sep-2018 15:26
One person supports this post
Send private message quote this post

kobiak:

 

what's up with the racial comments blaming immigrants and chinese ppl in particular? I though we are more educated group of ppl and not stuff/nzherald facebook page.

 

 

LOL.

 

My wife is Asian, so thus all my inlaws are, so let's get that out of the way first.

 

I agree Chinese immigration has been a huge problem, along with obscene building costs.

 

Feel free to go over to an Asian country (pick any one) and try the same stuff. It won't get far.





#deletefacebook




3911 posts

Uber Geek
+1 received by user: 823


  Reply # 2082455 1-Sep-2018 15:44
Send private message quote this post

Heck, I would be happy with even just a townhouse (or an apartment). However, even that is out of my reach.

Linux Systems Admin
892 posts

Ultimate Geek
+1 received by user: 139

Trusted
Subscriber

  Reply # 2082456 1-Sep-2018 15:49
2 people support this post
Send private message quote this post

quickymart: Heck, I would be happy with even just a townhouse (or an apartment). However, even that is out of my reach.

 

Move to the provinces.

 

Sorry, I know this is not necessarily a good or easy answer but it's the only one at this point in time.





#deletefacebook


Mad Scientist
18913 posts

Uber Geek
+1 received by user: 2457

Trusted
Lifetime subscriber

  Reply # 2082458 1-Sep-2018 16:01
Send private message quote this post

Buy and rent out rooms either long term or short term to feed the mortgage

Linux Systems Admin
892 posts

Ultimate Geek
+1 received by user: 139

Trusted
Subscriber

  Reply # 2082465 1-Sep-2018 16:15
Send private message quote this post

Batman: Buy and rent out rooms either long term or short term to feed the mortgage

 

+1 a good idea for someone in a major city who can think outside the square.

 

Myself and my wife are talking about moving to Auckland and if we could find someone through GZ who would rent us a room and didn't have a 'no couples' stipulation and we didn't have to concern ourselves about internet issues - this would certainly be preferable to the likes of TM.





#deletefacebook


Mad Scientist
18913 posts

Uber Geek
+1 received by user: 2457

Trusted
Lifetime subscriber

  Reply # 2082473 1-Sep-2018 16:48
Send private message quote this post

considering how expensive it is to rent in AKL, i am sure some clever trickery will get your flatmates to pay your mortgage.

 

eg buy a "3 bdr + office + sun room" -> 4 rooms to rent! if rent 3 rooms + 1 airbnb -> $$ yet still have flexibility on a guest room.

 

of course you pick your house mates well. imagine 3 PhD students who are studying 24/7 ... !

 

so how to attract PhD students ... -> do some research (no pun intended!)

 

i am sure if you are renting out like that your mortgage interest, council rates and insurance are tax deductible!


13187 posts

Uber Geek
+1 received by user: 2356

Trusted

  Reply # 2082511 1-Sep-2018 17:55
Send private message quote this post

kobiak:

 

what's up with the racial comments blaming immigrants and chinese ppl in particular? I though we are more educated group of ppl and not stuff/nzherald facebook page.

 

this is called globalisation. everyone is free to move where and when they like. the more popular place is - the higher cost of living and housing. NZ is one of the popular destinations for people not because of house affordability, but because it's more or less stable countries to live in, nature and remoteness from the rest of the world.

 

try to get property in LA, SF, Vancuver, London, Paris, Melbourne, Sydney, etc, etc you'd be shocked. NZ house prices are at the bottom from major cities. Mansion for few million $ here would cost few times more elsewhere. 

 

There're houses in AKL under ~650k relatively new like build 8-10 yrs ago. But TOWNHOUSES, which is not kiwi way of living :( we'd seen stand alone houses in this price bracket 6 months ago, okeish houses.

 

IMO, I believe lack of adaptation and willingness to change habits are costing kiwis a fortune.

 

I'd say CHANGE to the world we're all living in.

 

 

Wrong. Ive been to all those cities. NZ being small is more affected by many and rich people buying based on Shanghai or Texas prices. Then those prices become the norm. I agree with him, I used the word foreigner. Houses should be valued with NZ factors, not US, Asian, or Brunei factors. Then only US or Asian or Brunei can afford them.


13187 posts

Uber Geek
+1 received by user: 2356

Trusted

  Reply # 2082512 1-Sep-2018 17:56
Send private message quote this post

MichaelNZ:

 

kobiak:

 

what's up with the racial comments blaming immigrants and chinese ppl in particular? I though we are more educated group of ppl and not stuff/nzherald facebook page.

 

 

LOL.

 

My wife is Asian, so thus all my inlaws are, so let's get that out of the way first.

 

I agree Chinese immigration has been a huge problem, along with obscene building costs.

 

Feel free to go over to an Asian country (pick any one) and try the same stuff. It won't get far.

 

 

Same here. 


13187 posts

Uber Geek
+1 received by user: 2356

Trusted

  Reply # 2082513 1-Sep-2018 18:01
Send private message quote this post

Ironically this is what we have. House prices are too high compared to wages and inflation. So what do you do?  Buy houses and use them as investments to add more value than wages and interest, as houses are better than inflation. Then you get more demand, higher prices. Its the Bob Jones story again. Leverage. In some ways its like gold, it goes up and down but it goes up over time, so you buy gold and you force that trend.

 

 


887 posts

Ultimate Geek
+1 received by user: 124


  Reply # 2082514 1-Sep-2018 18:02
Send private message quote this post

kobiak:

 

what's up with the racial comments blaming immigrants and chinese ppl in particular? I though we are more educated group of ppl and not stuff/nzherald facebook page.

 

this is called globalisation. everyone is free to move where and when they like. the more popular place is - the higher cost of living and housing. NZ is one of the popular destinations for people not because of house affordability, but because it's more or less stable countries to live in, nature and remoteness from the rest of the world.

 

try to get property in LA, SF, Vancuver, London, Paris, Melbourne, Sydney, etc, etc you'd be shocked. NZ house prices are at the bottom from major cities. Mansion for few million $ here would cost few times more elsewhere. 

 

There're houses in AKL under ~650k relatively new like build 8-10 yrs ago. But TOWNHOUSES, which is not kiwi way of living :( we'd seen stand alone houses in this price bracket 6 months ago, okeish houses.

 

IMO, I believe lack of adaptation and willingness to change habits are costing kiwis a fortune.

 

I'd say CHANGE to the world we're all living in.

 

 

 

 

Maybe we all don't want to be like the rest of the world.

 

Maybe money is not everything and lifestyle is. Once it's gone, you can't get it back.

 

 


13187 posts

Uber Geek
+1 received by user: 2356

Trusted

  Reply # 2082516 1-Sep-2018 18:05
One person supports this post
Send private message quote this post

kobiak:

 

what's up with the racial comments blaming immigrants and chinese ppl in particular?

 

 

I fully are anti racism. BUT, this demographic can cause imbalances, just as too many kids, too may older people, and so on, can. Don't fall into the trap of labelling everything as discrimination if that demographic (race, could be age, could be anything) is a prime cause.


11826 posts

Uber Geek
+1 received by user: 3832

Trusted
Lifetime subscriber

  Reply # 2082519 1-Sep-2018 18:09
Send private message quote this post

clevedon:

 

kobiak:

 

what's up with the racial comments blaming immigrants and chinese ppl in particular? I though we are more educated group of ppl and not stuff/nzherald facebook page.

 

this is called globalisation. everyone is free to move where and when they like. the more popular place is - the higher cost of living and housing. NZ is one of the popular destinations for people not because of house affordability, but because it's more or less stable countries to live in, nature and remoteness from the rest of the world.

 

try to get property in LA, SF, Vancuver, London, Paris, Melbourne, Sydney, etc, etc you'd be shocked. NZ house prices are at the bottom from major cities. Mansion for few million $ here would cost few times more elsewhere. 

 

There're houses in AKL under ~650k relatively new like build 8-10 yrs ago. But TOWNHOUSES, which is not kiwi way of living :( we'd seen stand alone houses in this price bracket 6 months ago, okeish houses.

 

IMO, I believe lack of adaptation and willingness to change habits are costing kiwis a fortune.

 

I'd say CHANGE to the world we're all living in.

 

 

 

 

Maybe we all don't want to be like the rest of the world.

 

Maybe money is not everything and lifestyle is. Once it's gone, you can't get it back.

 

 

 

 

 

 

That just sounds like King Cnut trying to stop the tide coming in I am afraid.






1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | ... | 19
View this topic in a long page with up to 500 replies per page Create new topic

Twitter »

Follow us to receive Twitter updates when new discussions are posted in our forums:



Follow us to receive Twitter updates when news items and blogs are posted in our frontpage:



Follow us to receive Twitter updates when tech item prices are listed in our price comparison site:



Geekzone Live »

Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.



Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.

Alternatively, you can receive a daily email with Geekzone updates.