What can be bought for $300,000
| # | Post |
|---|---|
| 51 | A nice front door and letter box. megan109 - 2020-12-03 22:20:00 |
| 52 | We recently bought our 3.6 hectare two bedroom house 15 mins from Kaitaia for $350k. taintedkitten - 2020-12-04 10:14:00 |
| 53 | When converted garages in Martinborough are selling for $595k, I'd say not much can be bought for $300k. apollo11 - 2020-12-04 15:39:00 |
| 54 | apollo11 wrote:
Yes i saw that in the Paper absolutely crazy 25m tiny house converted garage and its on 447 sqm section. I have a relocatable house 160 sqm on 6400 sqm in Featherston. Of course the seller isnt complaining.. Edited by swinn123 at 7:49 pm, Fri 4 Dec swinn123 - 2020-12-04 19:48:00 |
| 55 | apollo11 wrote: I was going to mention that too. Crazy. My back section must be worth a bit now, we are in Martinborough too. annie17111 - 2020-12-04 19:55:00 |
| 56 | Front section house in Invercargill, 3 bedroom, needs upgrade $160,000 This is the house that somebody I know bought one morning, as the estate agent was putting up the for sale sign, because when returning from a all night party, it was far easier/cheaper & more convenient than facing the Missus with a hangover... marte - 2020-12-05 17:46:00 |
| 57 | Ha! Two years ago I talked to this guy, who was wanting to sell it for $50k 'as is' then, & helped him start fixing it & cleaning up around it so he could sell it for more. Meanwhile my property's council valuation nearly doubled too. marte - 2020-12-05 18:02:00 |
| 58 | Not much on offer in the north Island any more for under 300K or even 400K. Let’s face it. The housing market in New Zealand is officially broken. The older generation has robbed the younger generations of their future and they don’t even care (as can be demonstrated by the comments on this MB over the years) Shame on all those people and shame on successive governments for kicking the can down the road, allowing mass immigration and refusing to address the issues which they all KNOW about. Every single government since 1984 has got blood on their hands. But no, they are too busy building their own personal property portfolios and giving themselves honours to actually give a toss about the irreparable damage done to society and communities and to the burden they have inflicted on their own children and grandchildren. The current govt better come out in the new year with all guns blazing (figure of speech) and an actual plan to attack the housing crisis and if it were me I would start at passing policies that force people to part with their multiple houses. 1/empty house tax Then we need to release land, cut subdivision costs for large sections and get some rectangle box simple transportable homes onto some new subdivisions SPECIFICALLY for first home New Zealand resident buyers. All local councils need a ROCKET up their backsides and stop wasting rates on festivals and landscaping. Get the infrastructure DONE. New Zealand has done it before with less population and we can do it again. Edited by lakeview3 at 6:15 pm, Sat 5 Dec lakeview3 - 2020-12-05 18:12:00 |
| 59 | Breaking news.....first home buyer manages to buy a house..... lakeview3 - 2020-12-05 18:42:00 |
| 60 | There are too many people and too few houses. We need to punish those people who have had too many kids by taxing them a heap of dosh. How many kids do you have, lakeview? Getting any Working for Families handouts? apollo11 - 2020-12-05 18:43:00 |
| 61 | Bernard sums it up.... lakeview3 - 2020-12-05 18:44:00 |
| 62 | apollo11 wrote: how about you refrain from personal remarks. I don’t disagree that some people are having too many kids who have no means to afford to pay for them. If I had my way we would pay people to get sterilised. However regardless of that our immigration rate is too high and too many older New Zealanders own more houses than they need to live in. I have said it before and I will say it again, had I known what a s*** show the housing market has turned into I would never have even had kids. Back when I was growing up we knew that if we worked hard we too could afford a house without getting help from anyone else. Not so anymore. Basically unless you want to live next door to a gang or unless your parents are rich you’re toast. Doomed to line someone else’s pocket and live every day at their whim. Not a good situation to bring a family up in. I won’t be sorry if my kids don’t have any children. They can have all my money when I go and go out with a bang. No pressure from me to have grandchildren. Who wants to bring a child into this messed up world anyway? lakeview3 - 2020-12-05 18:54:00 |
| 63 | Bwaa, you are so easy. apollo11 - 2020-12-05 18:55:00 |
| 64 | lakeview3 wrote:
sparkychap - 2020-12-05 18:57:00 |
| 65 | apollo11 wrote: why don’t you stick to discussing the content of the thread? lakeview3 - 2020-12-05 19:04:00 |
| 66 | lakeview3 wrote: apollo11 - 2020-12-05 19:12:00 |
| 67 | apollo11 wrote: did you bother reading Bernards article? If something is true why deny it? lakeview3 - 2020-12-05 19:14:00 |
| 68 | lakeview3 wrote: apollo11 - 2020-12-05 19:17:00 |
| 69 | apollo11 wrote: what’s your problem? Discuss the topic or go take out your anger on someone else. I am not interested. Edited by lakeview3 at 7:19 pm, Sat 5 Dec lakeview3 - 2020-12-05 19:19:00 |
| 70 | And as a boomer, l am sick of being blamed for all the current ills. What about a bit of perspective. https://www.forbes.com/sites/jackkelly/2019/10/26/millennial margie05 - 2020-12-05 19:42:00 |
| 71 | ...looks like trademe took the ballgag back off someone and they have erupted lolol...???? theguyz1 - 2020-12-05 19:45:00 |
| 72 | margie05 wrote: if someone who is now retired is struggling to pay off their mortgage that suggests to me they have made some unwise choices in their life, or lacked discipline. Also it’s interesting you mention about inheritance, is that what it’s really come down to now? Wait for an inheritance? Good grief that’s really sad. Not to mention the numbers of retirees who have been suckered into those reverse mortgages. Good luck with inheritance on those ones. I won’t be relying on getting anything from anyone and nor do I want to be beholden to anyone hanging something like that over my head. If that’s the way the world is going that’s really sad. lakeview3 - 2020-12-05 19:52:00 |
| 73 | lakeview3 wrote:
The title of this thread isn't 'why are houses so expensive?', so I suggest you toddle off and start your own angry little thread. apollo11 - 2020-12-05 19:56:00 |
| 74 | Life is an intelligence test. Some do better than others. apollo11 - 2020-12-05 19:57:00 |
| 75 | apollo11 wrote: https://help.trademe.co.nz/hc/en-us/articles/360007001492 lakeview3 - 2020-12-05 20:01:00 |
| 76 | lakeview3 wrote:
Do you ever stop judging???? margie05 - 2020-12-05 20:30:00 |
| 77 | lakeview3 wrote:
Why shouldn't someone get a reverse mortgage for a new hip/knee or whatever helps to make their final years bearable? If, like you, people aren't waiting for an inheritance it won't make any difference how much their parents borrow against their house, it is theirs after all. $20-$25k won't cost much especially once capital gains are taken into account and they can pay it off if they want or even the interest part of the loan. Some elderly people don't have family so a reverse mortgage is ideal for them if funds are needed. They won't be allowed to go overboard with borrowing as the bank will limit it to a percentage of their property. kacy5 - 2020-12-05 21:51:00 |
| 78 | lakeview3 wrote:
I don't think chronic ill health, a terminal illness or the sickness/death of a spouse plus redundancies are unwise choices or lack of discipline at all and it can happen to the best of us. kacy5 - 2020-12-05 22:00:00 |
| 79 | kacy5 wrote: they would be better off getting a personal loan. Those reverse mortgages are a trap. Many people end up losing most of their equity and living in a house that is owned and controlled by the bank. it’s their choice sure but just shows there is no ‘inheritance’ that will be going to their kids, which is what the poster above tried to say would happening. So much for the rich millennial story. Waiting around for their parents to pass away before they get a secure roof over their head? Sounds blimmen awful to me. lakeview3 - 2020-12-05 22:02:00 |
| 80 | Anyone wanting the full low down on reverse mortgages: I guess if people don’t have kids they probably have nothing to lose, or if they didn’t care about leaving them an inheritance then it could be an option. It would certainly be the last thing I would ever consider. I intend to leave my children as much as I can, after all, I decided to bring them into the world. Edited by lakeview3 at 10:24 pm, Sat 5 Dec lakeview3 - 2020-12-05 22:21:00 |
| 81 | lakeview3 wrote: margie05 - 2020-12-05 23:21:00 |
| 82 | This message was deleted. gunna-1 - 2020-12-06 12:28:00 |
| 83 | gunna-1 wrote:
You could have invested your share rather than refusing it. johnston - 2020-12-06 12:40:00 |
| 84 | This message was deleted. gunna-1 - 2020-12-06 13:59:00 |
| 85 | This message was deleted. gunna-1 - 2020-12-06 14:23:00 |
| 86 | gunna-1 wrote: apollo11 - 2020-12-06 15:06:00 |
| 87 | Yes, homes do not have to have garages attached to them. Those old state homes were all about housing families. Not about housing cars. Builders are only interested in building for the wealthy. We need practical houses built for normal people just like back in the 50s. kamo631 - 2020-12-06 15:51:00 |
| 88 | The member deleted this message. gunna-1 - 2020-12-06 16:10:00 |
| 89 | gunna-1 wrote: my parents once built a kitset home. It took 6 weeks to put it up. Admittedly some of the workmanship wasn’t that great, I should know coz I painted it inside and out! However it was all that was needed, 3 bedrooms, rectangle, open plan living. It was up on poles so later we put in a garage and another bedroom. It was about 1983, the section was 18K and the kitset was 13K and I think the build was 7K. I am sure there were a few other costs but you get the drift. Beautiful sea views as well. Also it is rubbish to say the houses today are twice the size of houses in the 1960s. Sure some of the, are, but that’s because some people have some sick fixation that bigger is better. My 1957 house was 175sqm. The 1960s house I grew up in was 190sqm. In my mind these were the perfect size. One was 3 bedroom and the other was 4 bedroom and a study. The smaller houses were the 1940s state ones and later the Keith hay type rectangle boxes which were between 80-110sqm on average. I have lived in a 265sqm house (too big) and the current one is 216sqm which is a pretty perfect size. This country needs to go back to the rectangle box mass production of houses until we catch up. Release more land, and pull back immigration. Kiwis first home buyers first. lakeview3 - 2020-12-06 16:32:00 |
| 90 | Just looked up the kitset home.....valued at 695K now and 79sqm!!!! Lol! What a rip- off! lakeview3 - 2020-12-06 16:35:00 |
| 91 | aklreels wrote: lythande1 - 2020-12-06 17:45:00 |
| 92 | lakeview3 wrote:
Why not get a reverse mortgage for the amount they want and still pay it off? At least if times get tough for a month or two it won't matter if a payment isn't made but try doing that with a personal loan and it's a different matter. kacy5 - 2020-12-06 18:06:00 |
| 93 | lakeview3 wrote: apollo11 - 2020-12-06 18:06:00 |
| 94 | knocked this up myself in 3 weeks, two Nora B Mitre10 sheds joined together, all up $13000, 300 sq ft, and im an old pensioner with buggered knees. This is my retirement cottage. https://trademe.tmcdn.co.nz/photoserver/full/1447624724.jpg https://trademe.tmcdn.co.nz/photoserver/full/1447624538.jpg mannix51 - 2020-12-06 18:16:00 |
| 95 | Finished today in fact https://trademe.tmcdn.co.nz/photoserver/full/1447643763.jpg mannix51 - 2020-12-06 18:44:00 |
| 96 | /\ Nice! First place I thought of was Taylorville area. marte - 2020-12-06 18:45:00 |
| 97 | mannix51 wrote: Nice work, mate, happy retirement! sparkychap - 2020-12-06 18:54:00 |
| 98 | marte wrote: mannix51 - 2020-12-06 19:09:00 |
| 99 | mannix51 wrote:
That is Idyllic,such a beautiful spot. How are you taking care of cooking and sanitary matters? Edited by heather902 at 7:32 pm, Sun 6 Dec heather902 - 2020-12-06 19:31:00 |
| 100 | mannix51 wrote: looks awesome but does it have council consent, insurance etc? annie17111 - 2020-12-06 19:37:00 |
