lakeview3 wrote:

yes i have been accused of the champagne lifestyle on a BEER budget lol. Hardly though.

The key thing I learnt in my ‘journey’ is if I don’t waste money or don’t spend so much, I don’t need to earn so much!

changed it for ya

smallwoods - 2021-04-26 10:31:00

sparkychap wrote:

well enjoy it. Of course the greedy rich will be elsewhere. Why slum it with you?

hopefully, I get pretty bored with people talking about themselves all the time!

Although it could be entertaining ????

lakeview3 - 2021-04-26 10:35:00

smallwoods wrote:

changed it for ya

who wants a beer gut? Not me.

Edited by lakeview3 at 10:36 am, Mon 26 Apr

lakeview3 - 2021-04-26 10:36:00

lakeview3 wrote:

hopefully, I get pretty bored with people talking about themselves all the time!

Although it could be entertaining ????

funny considering you spend so much time talking about yourself!

sparkychap - 2021-04-26 10:37:00

heather902 wrote:

Huh?
I hope I don't have to live on the pension as my only source of income. Surely good decision making leads to financial security later on in life.

better hope the paint lasts then

lakeview3 - 2021-04-26 10:37:00

sparkychap wrote:

funny considering you spend so much time talking about yourself!

it’s not mandatory reading!

lakeview3 - 2021-04-26 10:37:00

lakeview3 wrote:

it’s not mandatory reading!

Hard to avoid.

sparkychap - 2021-04-26 10:51:00

lakeview3 wrote:

better hope the paint lasts then

Still looking mighty fine from where I sit.

https://trademe.tmcdn.co.nz/photoserver/full/1530730919.jpg

heather902 - 2021-04-26 10:54:00

heather902 wrote:

Still looking mighty fine from where I sit.

https://trademe.tmcdn.co.nz/photoserver/full/1530730919.jpg[
/quote]

well at least you can reach that bit when it needs doing again- there’s that

lakeview3 - 2021-04-26 11:05:00

lakeview3 wrote:

hopefully, I get pretty bored with people talking about themselves all the time!

Although it could be entertaining ????

I read this and spat my coffee everywhere, could'nt help it. Off to change clothes and clean up the mess.

madspinna - 2021-04-26 11:09:00

sparkychap wrote:

Hard to avoid.

????

lakeview3 - 2021-04-26 11:11:00

madspinna wrote:

I read this and spat my coffee everywhere, could'nt help it. Off to change clothes and clean up the mess.

sounds exciting!

Edited by lakeview3 at 11:12 am, Mon 26 Apr

lakeview3 - 2021-04-26 11:12:00

lakeview3 wrote:

well at least you can reach that bit when it needs doing again- there’s that

I'll probably just hire another team of illegal immigrants and let them camp in my garage for the week as payment.

heather902 - 2021-04-26 11:18:00

lakeview3 wrote:

????

Is that your catheter bag?

sparkychap - 2021-04-26 11:24:00

heather902 wrote:

I'll probably just hire another team of illegal immigrants and let them camp in my garage for the week as payment.

You actually pay them?

sparkychap - 2021-04-26 11:26:00

sparkychap wrote:

You actually pay them?

not willingly.
I do try and live frugally just like Lakeview.

heather902 - 2021-04-26 11:30:00

heather902 wrote:

not willingly.
I do try and live frugally just like Lakeview.

Good on you, can't have you being all greedy and unhealthy by looking after your future.

Enjoy your gravy.

sparkychap - 2021-04-26 11:31:00

sparkychap wrote:

Good on you, can't have you being all greedy and unhealthy by looking after your future.

Enjoy your gravy.

I ???????? prefer red wine jus, just sayin... ???? ???? ????

lovelurking - 2021-04-26 12:10:00

lakeview3 wrote:

who wants a beer gut? Not me.

Lol, that's a myth, or a lot of beer.

smallwoods - 2021-04-26 12:32:00

lakeview3 wrote:

it’s not mandatory reading!

Then get accused of NOT keeping up to speed!

smallwoods - 2021-04-26 12:33:00

lovelurking wrote:

I ???????? prefer red wine jus, just sayin... ???? ???? ????

for some it’ll be whine jus.

sparkychap - 2021-04-26 12:37:00

sparkychap wrote:

lol it’s like fishing with dynamite.

yip. https://www.youtube.com/watch?v=yPuaSY0cMK8
At 2minutes 2 seconds

Edited by orphic1 at 5:38 pm, Mon 26 Apr

orphic1 - 2021-04-26 17:30:00

This level of increase surely cannot be sustainable?

tygertung - 2021-04-26 19:26:00

Thank you tygertung. Back to the subject, we have a problem.

laurelanne - 2021-04-26 19:55:00

tygertung wrote:

This level of increase surely cannot be sustainable?

they said that 5 years ago and here we are...

sparkychap - 2021-04-26 20:22:00

Say for example the average house price rises to two million, it might be hard to service the mortgage?

tygertung - 2021-04-27 08:10:00

tygertung wrote:

Say for example the average house price rises to two million, it might be hard to service the mortgage?

Not if minimum wage is $200k?

smallwoods - 2021-04-27 08:21:00

tygertung wrote:

Say for example the average house price rises to two million, it might be hard to service the mortgage?

China will invade Australia before that happens

kata001 - 2021-04-29 20:21:00

Joke of the century - housing market will crash

catwoman1974 - 2021-04-29 23:36:00

What is a 'crash' defined as?

loose.unit8 - 2021-04-30 09:01:00

loose.unit8 wrote:

What is a 'crash' defined as?

I think for those gleefully waiting for it, any decline or natural correction will be viewed as a “crash”. They are desperate to be right.

I don’t think there will be a crash unless supply and demand issues are resolved. I’ve attended a few house auctions lately and the desperation in the room is palpable. The bidding wars are quite interesting to watch.

House prices will continue to remain strong as long as there is high demand. In my area there’s plenty of land being released but there are long delays as applications go through the council process, theres a shortage of tradies and a lot of people needing a home now. Building material supply issues are not helping the situation either.

I hope it levels off eventually. I feel sorry for prospective buyers and also sorry for renters at the moment. The government are forcing such large increases on them through bad policy. It’s a shame they’d prefer to vote buy by slamming the wealthy rather than work alongside them to try to bring about resolution. It’s lucky we have so many empty motels at the moment for them to put all the homeless they’ve created into.

Edited by rmdstar at 7:30 am, Sat 1 May

rmdstar - 2021-05-01 07:30:00

I can clearly recall a conversation with our roofing contractor replacing the roof on our 1920's bungalow a year two after buying it in 1981 for $35,000.
It went something like this:
"You paid $35,000 for this!?!!"
"That's madness, prices are so out of control!!!
"How can young people possibly buy a house these days?? ..."
And the same house is listed on homes.co.nz for $1.6M today.
In my experience, what's happening is what has always been happening, since the 70's.
Another factor about affordability seldom mentioned is how expensive relative to income consumer items were back then. Meaning we could afford very few. And having to spend years getting the house anywhere near what would be considered "healthy" today, doing the work ourselves.
Looking back, the first few years of owning a home were quite a bleak existence.

downsouth1 - 2021-05-01 12:54:00

The price of land has gone up because the morons in charge decided to restrict the supply of land years ago.

"Owen McShane’s Land use control under the Resource Management Act: a think piece, written in 1998 for the Ministry for the Environment became a flashpoint in the debate over local government intervention in urban development. The Think Piece argued that the MUL artificially and unnecessarily restricts the supply of land, forcing the price of housing up."

The Effectiveness of the Auckland Metropolitan Urban Limit – Ring-fencing Urban Development:

https://www.aucklandcouncil.govt.nz/plans-projects-policies-
reports-bylaws/our-plans-strategies/unitary-plan/history-uni
tary-plan/documentssection32reportproposedaup/appendix-3-1-8
.pdf

trade4us2 - 2021-05-01 13:18:00

If WW3 kicks off this month, given our location we will become the go to place in the world. NZ will offer a save haven to others, and that will require more housing.

In any case it's hard to crash a market while the govt needs to spend 1M a day in emergency housing.

sweetgurl108 - 2021-05-01 15:22:00

sweetgurl108 wrote:

If WW3 kicks off this month, given our location we will become the go to place in the world. NZ will offer a save haven to others, and that will require more housing.

In any case it's hard to crash a market while the govt needs to spend 1M a day in emergency housing.

It will take months for the radioactive cloud to drift so far south, but the end will be the same lol.
This issue wouldn't have been so bad if we hadn't opened ourselves up to large scale immigration from Asia. Successive governments have really screwed the pooch on this. They massively increased the demand for housing while simultaneously making it much harder and more expensive to build houses. What we need is a better class of politician, or perhaps someone who has had to work for a living before they got into politics.

apollo11 - 2021-05-01 16:16:00

apollo11 wrote:

It will take months for the radioactive cloud to drift so far south, but the end will be the same lol.
This issue wouldn't have been so bad if we hadn't opened ourselves up to large scale immigration from Asia. Successive governments have really screwed the pooch on this. They massively increased the demand for housing while simultaneously making it much harder and more expensive to build houses. What we need is a better class of politician, or perhaps someone who has had to work for a living before they got into politics.

JA was a chippy girl at the local takeaway!

smallwoods - 2021-05-02 09:30:00

smallwoods wrote:

JA was a chippy girl at the local takeaway!

This is such a stupid comment. Why judge an accomplished adult with a degree and long and successful career on the after school job she had as a kid. It’s really a very pathetic attempt at a put-down. Do better

rmdstar - 2021-05-02 17:33:00

rmdstar wrote:

This is such a stupid comment. Why judge an accomplished adult with a degree and long and successful career on the after school job she had as a kid. It’s really a very pathetic attempt at a put-down. Do better

Let’s be fair, it’s the only job she’s told us about having prior to becoming a politician...

lovelurking - 2021-05-02 19:02:00

lovelurking wrote:

Let’s be fair, it’s the only job she’s told us about having prior to becoming a politician...

And the only job in the private sector. She has been in the trough, mostly at a low level since finishing university.

geoff_m - 2021-05-02 20:01:00

geoff_m wrote:

And the only job in the private sector. She has been in the trough, mostly at a low level since finishing university.

Admittedly she is the person who gets to smile and wave. I'm sure the people behind the scenes who decide policy are adequately competent lol.

apollo11 - 2021-05-02 20:07:00

rmdstar wrote:

This is such a stupid comment. Why judge an accomplished adult with a degree and long and successful career on the after school job she had as a kid. It’s really a very pathetic attempt at a put-down. Do better

Over there is a far queue, take it.............

What is her accomplishment?
We have a child with 2 degrees and their next job may be writing letters for an MP.
Go figure!

Edited by smallwoods at 9:24 pm, Sun 2 May

smallwoods - 2021-05-02 21:21:00

I do not have any problems with any sort of shop workers or think less of them than what ever jobs the rest of you have if you think it makes you better you can list them and we can judge with our opinions of your occupation for you.
Just edit with I am in the real estate thread and a chip shop worker is looking good.

Edited by ash4561 at 11:20 pm, Sun 2 May

ash4561 - 2021-05-02 23:17:00

If the recount in Arizona shows that the recorded vote was incorrect it has the potential to throw the State and the US into turmoil, which in turn could affects markets, etc. and more people will flood this country buying up what housing they can. It will be a door slam on those trying to buy in.

sweetgurl108 - 2021-05-03 08:56:00

sweetgurl108 wrote:

If the recount in Arizona shows that the recorded vote was incorrect it has the potential to throw the State and the US into turmoil, which in turn could affects markets, etc. and more people will flood this country buying up what housing they can. It will be a door slam on those trying to buy in.

Dream on. The "recount" is being performed by a GOP puppet company. Claim they are using UV lights to detect secret watermarks placed by Trump to catch the secret ballots. How do we know THEY won't turn up with fake ballots? Its just a sideshow.

sparkychap - 2021-05-03 09:11:00

apollo11 wrote:

Admittedly she is the person who gets to smile and wave. I'm sure the people behind the scenes who decide policy are adequately competent lol.

Haha, coffee went all over the desk on reading this! Back to the original question though April 1st 2025 is my prediction.

jeffqv - 2021-05-03 16:56:00

downsouth1 wrote:

I can clearly recall a conversation with our roofing contractor replacing the roof on our 1920's bungalow a year two after buying it in 1981 for $35,000.
It went something like this:
"You paid $35,000 for this!?!!"
"That's madness, prices are so out of control!!!
"How can young people possibly buy a house these days?? ..."
And the same house is listed on homes.co.nz for $1.6M today.
In my experience, what's happening is what has always been happening, since the 70's.
Another factor about affordability seldom mentioned is how expensive relative to income consumer items were back then. Meaning we could afford very few. And having to spend years getting the house anywhere near what would be considered "healthy" today, doing the work ourselves.
Looking back, the first few years of owning a home were quite a bleak existence.

I agree with you. When we built our first home, after being unable to buy anything for the amount we were allowed to borrow, we moved back in with my parents to pay off a section (which was just sand). Then, as you were allowed to in those days, we built a "shell" and lived in it. Bare minimum, no fences, no paths, no garage, no curtains, carpet or vinyl. Just a shower, no bath. Second hand appliances, second hand black and white TV. And we borrowed the maximum we were allowed. A few years later the interest rates shot to 24.5%. When we built, all our friends said "you are mad to borrow that much" and "how do you sleep at night". But we were both working, hubby worked weekends as well, we did all the DIY to finish the house and section and we couldn't afford to go out, party, buy new things. It was grim. (I love it when people say today "oh, but you guys had it soooooo good, it was soooooo easy for you" and this is said while going out, socializing, glued to new iPones, buying crap). The interest rates came down again, but nothing like what they are now, ever. The houses started going up in the 90's, but its supply and demand. What goes up, must come down.

brightlights60 - 2021-05-05 23:46:00

lakeview3 wrote:

Either way the govt needs to start taxing empty houses/ air BnBs or asset and income testing pensions.

If people think they can live through all the good times, rip the carpet out from everyone else who they expect to pay for their pensions and healthcare then they are absolutely dreaming.

I wouldn't worry, by the time you retire, this government will have totally emptied the coffers and no one will be getting anything anymore.

brightlights60 - 2021-05-05 23:47:00

brightlights60 wrote:

I wouldn't worry, by the time you retire, this government will have totally emptied the coffers and no one will be getting anything anymore.

probably. Grass clipping soup anyone?

lakeview3 - 2021-05-06 06:47:00

brightlights60 wrote:

I wouldn't worry, by the time you retire, this government will have totally emptied the coffers and no one will be getting anything anymore.

And us boomers who started out with nothing, worked two jobs (one full time, one part time) and paid huge interest rates as well will be lumped with all the blame.
The funny thing is that they were saying there wouldn’t be an old age pension when I was entering the work force...
Thats why my husband and I worked extremely hard for over 50 years, so we could afford to live when we retired.
Now it seems we are classed as greedy old bastards! ????

lovelurking - 2021-05-06 08:29:00

No comment

lakeview3 - 2021-05-06 08:47:00