| 51 | smallwoods wrote:
Poor ol Lakey.
Got the wrong end of the stick again.
Can't see the forest, for the trees! Kids these days can (and do) contest many wills, if they feel LEFT out.
The rulings are more in their favour now, than ever. We have been left inheritance during our marriage and intend to pass it on to ours.
Meanwhile, the kids need to demonstrate that they are secure and not wasteful.
Eldest has settled down(married)and bought a house just over a year ago in Hamilton.
Now we have a grandson to visit.
Career, house, kids . well at least we can now be clear why you are now in such a favourable position eh, gotta have money to make money. I bet you didn’t wait until you got an inheritance before you bought your first house. If I did I would still be waiting. lakeview3 - 2021-08-06 08:45:00 |
| 52 | lakeview3 wrote:
well if they want to start somewhere they need to look at encouraging pensioners to downsize to smaller houses. I worked it out a few months back, just in my half of the street the average number of people per house is something like 1.79 and most houses are 3-5 bedrooms. so how many people live in your house?
How would you feel about being told you had to downsize? My parents live in a 4 bedroom house and there is only them. But they have worked hard all their lives and still do and they love their house. Why should they have to downsize before they are ready to just because they are pension aged or close to? annie17111 - 2021-08-06 08:47:00 |
| 53 | lakeview3 wrote:
oh stop denying reality……its FACT and it’s got nothing to do with a fiddle, more to do with the blindfolds some people insist on wearing whilst patting themselves on the back. The fact is inflation has not been double digits for decades.
Where as building cost and govt introduced costs have ramped up the total cost of building new houses.
A buyer in Auckland paid $4m+ for a brick house, just to tear down to build apartments.
The total land cost for each (3) section is $1.5m before a piece of dirt is dug. $300k just to start the 3 apartments building process. When building NEW houses cost more, all existing house prices rise accordingly.
THAT is not inflation doing that, it's the new house cost. Take up banjo playing. smallwoods - 2021-08-06 08:48:00 |
| 54 | lakeview3 wrote:
well at least we can now be clear why you are now in such a favourable position eh, gotta have money to make money. I bet you didn’t wait until you got an inheritance before you bought your first house. If I did I would still be waiting. Correct, started a business and had owned 3 homes before we saw any.
Holiday batch was part payment as well, to keep it in the family.
We were mortgage free (house wise)before the money turned up.
We have set up a living trust through our companies, that one of the boys will takeover and run.
Should see them right and any grandkids later. smallwoods - 2021-08-06 08:53:00 |
| 55 | smallwoods wrote:
.... Career, house, kids . Excellent order of events. Not guaranteed of success but waaaay more likely than a different order. Now and then there are sad media stories about renters who can't get on the property ladder. Generally seem to have one or more children, sometimes also a large dog. I rest my case. artemis - 2021-08-06 09:01:00 |
| 56 | So in summary, to solve the housing crisis we should be - forcing people to rent out or sale their empty houses e.g. holiday homes or bachs.
- forcing people to rent out their extra bed rooms.
- forcing people to move out of their larger under utilised houses and into smaller ones. And as a side note, allowing all empty garages to be open for charging electric vehicles. Edited by loose.unit8 at 9:43 am, Fri 6 Aug |
| 57 | This message was deleted. andrew697 - 2021-08-06 11:42:00 |
| 58 | andrew697 wrote:
I presume this relates mostly to those bach owners who rent out their property duiring the year and then want tenants to vacate during the holiday season?? I presume so as well. Until February this year owners were able to give 90 days notice if a periodic tenancy or offer a fixed term tenancy and give notice that it would not be renewed. That changed on 11 February as the government changed the rules to improve security of tenure. One of the consequences of that is landlords are a lot pickier about selecting tenants. Make that double for bach owners. artemis - 2021-08-06 13:11:00 |
| 59 | lakeview3 wrote:
I suggest you use this tool to work out just how skewed first home buyers chances have become….try putting in the price of your first house, your first salary etc and work it out. The house I bought in 1993 for 102,000 should technically be now only 177,000 if we use the average inflation rate. Unfortunately it’s now ‘worth’ over a million dollars. There is absolutely NO way you can argue that housing hasn’t become so unaffordable that it’s out of most people’s reach if you understand anything about economics. https://www.inflationtool.com/new-zealand-dollar/1993-to-pre
sent-value?amount=102000 Also: https://www.stats.govt.nz/news/homeownership-rate-lowest-in-
almost-70-years Not sure about your calculations …. This one here is probably a bit more nz based ????. Try this one out, is a nz government inflation calculator , put a figure into that and it spews out some more “ realistic house inflation figures out …. https://www.rbnz.govt.nz/monetary-policy/inflation-calculato
r argentum47 - 2021-08-06 16:45:00 |
| 60 | argentum47 wrote:
Not sure about your calculations …. This one here is probably a bit more nz based ????. Try this one out, is a nz government inflation calculator , put a figure into that and it spews out some more “ realistic house inflation figures out …. https://www.rbnz.govt.nz/monetary-policy/inflation-calculato
r I don’t know how they get those figures as they don’t show the inflation rate (that I can see and I do need some reading glasses so I am finding it all a bit small to read). I also thought NZs CPI was calculated without including house price inflation. https://www.rnz.co.nz/news/national/311147/call-for-inflatio
n-overhaul-to-include-house-prices Even if I use their calculator it still says my 102K house should be worth 700K but it’s not it’s CV is just on 1 million. How much over CV are houses being sold for in Auckland? Look it’s pointless trying to pull the wool over my eyes. I am old enough to remember how things have been, I have watched it all unfold and frankly I am tired of people claiming it’s just as easy to buy a house today as it was back then. It’s about time people stopped being so bl**dy selfish and grew up and started backing the young to have the same opportunities, after all they are the ones who will paying taxes and looking after us all when we can no longer do it. lakeview3 - 2021-08-06 17:18:00 |
| 61 | lakeview3 wrote:
I also thought NZs CPI was calculated without including house price inflation. Correct. It takes into account the cost of buying or renting a house. sparkychap - 2021-08-06 17:22:00 |
| 62 | lakeview3 wrote:
I don’t know how they get those figures as they don’t show the inflation rate (that I can see and I do need some reading glasses so I am finding it all a bit small to read). I also thought NZs CPI was calculated without including house price inflation. https://www.rnz.co.nz/news/national/311147/call-for-inflatio
n-overhaul-to-include-house-prices Even if I use their calculator it still says my 102K house should be worth 700K but it’s not it’s CV is just on 1 million. How much over CV are houses being sold for in Auckland? Look it’s pointless trying to pull the wool over my eyes. I am old enough to remember how things have been, I have watched it all unfold and frankly I am tired of people claiming it’s just as easy to buy a house today as it was back then. It’s about time people stopped being so bl**dy selfish and grew up and started backing the young to have the same opportunities, after all they are the ones who will paying taxes and looking after us all when we can no longer do it. Nothing stopping you backing your young people. Help them out! rather than blaming others and for doing what exactly? And do you really want to go back to the 90’s interest rates? We paid half our income in mortgage repayments and worked 3 jobs between us, We had a tiny very cheaply built crappy if I’m honest house a $300 car and few possessions, what young people enjoy now is far in excess of what we did in terms of lifestyle. Some people are doing the hard yards and getting themselves into houses. They aren’t sitting on message boards whining, they busy working.. Edited by heather902 at 5:38 pm, Fri 6 Aug heather902 - 2021-08-06 17:37:00 |
| 63 | heather902 wrote:
Nothing stopping you backing your young people. Help them out! rather than blaming others and for doing what exactly? And do you really want to go back to the 90’s interest rates? We paid half our income in mortgage repayments and worked 3 jobs between us, We had a tiny very cheaply built crappy if I’m honest house a $300 car and few possessions, what young people enjoy now is far in excess of what we did in terms of lifestyle. Some people are doing the hard yards and getting themselves into houses. They aren’t sitting in message boards whining they busy working how many times…….the point is we shouldn’t have to help them out. You don’t seem to realise what you are saying. What if someone’s family CANT help them out? They are they doomed to a life of renting? What you are saying just proves that our whole society is based on the haves and have nots, as opposed to how it used to be where people could afford a house without their parents needing to put money into it. lakeview3 - 2021-08-06 17:42:00 |
| 64 | lakeview3 wrote:
as opposed to how it used to be where people could afford a house without their parents needing to put money into it. As opposed to how it used to be?
When young people didn't have 10k cars with 5k stereos in them, didn't go off overseas for holidays, didn't buy their dream home as their first house, didn't have the best phones, gadgets, brand new furniture....lived at home with parents longer....
Yes it is harder for the young to get into housing these days but a part of that is self inflicted, a lot don't save, live the high life and then bitterly complain when they don't have money for a deposit on a house. maddie44 - 2021-08-06 17:48:00 |
| 65 | lakeview3 wrote:
how many times…….the point is we shouldn’t have to help them out. You don’t seem to realise what you are saying. What if someone’s family CANT help them out? They are they doomed to a life of renting? What you are saying just proves that our whole society is based on the haves and have nots, as opposed to how it used to be where people could afford a house without their parents needing to put money into it. I think it’s more a case of the will help myself or will not help myself and I sure wouldn’t be contributing to any of my kids deposits that hadn’t done at least 80 percent of the savings, there are plenty of first home buyers still maybe things need tilting in their favour more but I think investors have got a clear message that the government will not support them tax wise. Do you talk with your Adult kids about saving? About house buying strategies? Yeah they do have to work harder maybe but it’s not impossible not at all it’s takes longer but so what? heather902 - 2021-08-06 17:53:00 |
| 66 | maddie44 wrote:
As opposed to how it used to be?
When young people didn't have 10k cars with 5k stereos in them, didn't go off overseas for holidays, didn't buy their dream home as their first house, didn't have the best phones, gadgets, brand new furniture....lived at home with parents longer....
Yes it is harder for the young to get into housing these days but a part of that is self inflicted, a lot don't save, live the high life and then bitterly complain when they don't have money for a deposit on a house. This is so true, I know someone who got an $80k inheritance, it payed off his debt. So sad. heather902 - 2021-08-06 17:56:00 |
| 67 | maddie44 wrote:
As opposed to how it used to be?
When young people didn't have 10k cars with 5k stereos in them, didn't go off overseas for holidays, didn't buy their dream home as their first house, didn't have the best phones, gadgets, brand new furniture....lived at home with parents longer....
Yes it is harder for the young to get into housing these days but a part of that is self inflicted, a lot don't save, live the high life and then bitterly complain when they don't have money for a deposit on a house. well I don’t know who you know but I don’t know any young kids with 10K cars and 5 stereos or 80K debt. Good story though ???? Edited by lakeview3 at 6:43 pm, Fri 6 Aug lakeview3 - 2021-08-06 18:39:00 |
| 68 | heather902 wrote:
I think it’s more a case of the will help myself or will not help myself and I sure wouldn’t be contributing to any of my kids deposits that hadn’t done at least 80 percent of the savings, there are plenty of first home buyers still maybe things need tilting in their favour more but I think investors have got a clear message that the government will not support them tax wise. Do you talk with your Adult kids about saving? About house buying strategies? Yeah they do have to work harder maybe but it’s not impossible not at all it’s takes longer but so what? so WHAT? As long as it’s not you eh…… lakeview3 - 2021-08-06 18:40:00 |
| 69 | how many times…….the point is we shouldn’t have to help them out. You don’t seem to realise what you are saying. What if someone’s family CANT help them out? They are they doomed to a life of renting? What you are saying just proves that our whole society is based on the haves and have nots, as opposed to how it used to be where people could afford a house without their parents needing to put money into it.The world has changed and the blame lies with all of us. We all want the cheap goods - clothes, electronics, broadband, toll calls, etc. The price we pay for that is that house prices go up.We all have to prioritise what we want in life. A house or all the goodies. Also globalisation has meant easy movement overseas for more pay. This is a worldwide phenomenon, certainly not restricted to NZ. With more people going overseas, we have to import immigrants to fill the vacancies these people have created. I take it that LV won’t be claiming the pension as she won’t need it, having brought her house when it was cheap, and therefore won’t be expecting the youth to support her. I also assume she will be selling her house and downsizing as soon as all her children have left home - because you can’t expect others to do what you are not prepared to do yourself. I would suggest that most boomers feel for the young people of today trying to buy a house. However, l like a lot of others have got off my chuff and - in some small way - have helped others. We don’t go on the message board, however, to go over and over how difficult things are and then pat ourselves on the back because we are so amazing that we care.
LV you say pensioners are the biggest drain on society and then criticise them for owning 2 houses, 1 of which they let out to give someone a home. So they can’t try to better themselves financially but you don’t want to pay them the pension. Boy l bet you voted for the euthanasia bill. Way to get rid of those oldies. margie05 - 2021-08-06 18:41:00 |
| 70 | lakeview3 wrote:
well I don’t know who you know but I don’t know any young kids with 10K cars and 5 stereos or 80K debt. Good story though ???? Have you never been to a drift meet or any car club meet or show?
And I never said anything about 80k debt maddie44 - 2021-08-06 18:46:00 |
| 71 | margie05 wrote:
how many times…….the point is we shouldn’t have to help them out. You don’t seem to realise what you are saying. What if someone’s family CANT help them out? They are they doomed to a life of renting? What you are saying just proves that our whole society is based on the haves and have nots, as opposed to how it used to be where people could afford a house without their parents needing to put money into it.The world has changed and the blame lies with all of us. We all want the cheap goods - clothes, electronics, broadband, toll calls, etc. The price we pay for that is that house prices go up.We all have to prioritise what we want in life. A house or all the goodies. Also globalisation has meant easy movement overseas for more pay. This is a worldwide phenomenon, certainly not restricted to NZ. With more people going overseas, we have to import immigrants to fill the vacancies these people have created. I take it that LV won’t be claiming the pension as she won’t need it, having brought her house when it was cheap, and therefore won’t be expecting the youth to support her. I also assume she will be selling her house and downsizing as soon as all her children have left home - because you can’t expect others to do what you are not prepared to do yourself. I would suggest that most boomers feel for the young people of today trying to buy a house. However, l like a lot of others have got off my chuff and - in some small way - have helped others. We don’t go on the message board, however, to go over and over how difficult things are and then pat ourselves on the back because we are so amazing that we care.
LV you say pensioners are the biggest drain on society and then criticise them for owning 2 houses, 1 of which they let out to give someone a home. So they can’t try to better themselves financially but you don’t want to pay them the pension. Boy l bet you voted for the euthanasia bill. Way to get rid of those oldies. well I am not sure who you are, never seen you post before. Don’t make up stuff that I said. But hey thanks for proving my point with your ramble. lakeview3 - 2021-08-06 18:49:00 |
| 72 | maddie44 wrote:
Have you never been to a drift meet or any car club meet or show?
And I never said anything about 80k debt no I don’t hang around with car people. I don’t understand why people waste so much money on them. Hence the reason I have owned mine for 14 years. lakeview3 - 2021-08-06 18:53:00 |
| 73 | Sorry, l didn't realise that because l hadn't posted before l wasn't allowed to now. l just love how you judge everyone else, but rate yourself big time. margie05 - 2021-08-06 18:57:00 |
| 74 | lakeview3 wrote:
no I don’t hang around with car people. I don’t understand why people waste so much money on them. Hence the reason I have owned mine for 14 years. That would explain why it is a foreign concept to you that young people who don't own homes do indeed own cars worth a lot of money. Their mags/stereos could be worth more than your car. maddie44 - 2021-08-06 18:58:00 |
| 75 | margie05 wrote:
Sorry, l didn't realise that because l hadn't posted before l wasn't allowed to now. l just love how you judge everyone else, but rate yourself big time. you can post any time you like. Maybe learn how to quote so your post doesn’t become one big paragraph. And rate myself? Please give me an example. The only ones rating themselves here are the ones who blow on day in and day out about how hard it was to buy a house back in their day and how they worked harder than eveyone else and how buying a house now is no harder than ‘back in their day’ yadda yadda….yawn…..oh hang on we forgot the 22% interest rates…… Edited by lakeview3 at 7:17 pm, Fri 6 Aug lakeview3 - 2021-08-06 19:06:00 |
| 76 | maddie44 wrote:
That would explain why it is a foreign concept to you that young people who don't own homes do indeed own cars worth a lot of money. Their mags/stereos could be worth more than your car. it’s not a foreign concept. I have seen those people, they are not the majority of people. Maybe you socialise with car people and think that’s the norm?? It’s not. If they want to waste money on cars that’s on them. Most young ones I know just want to work, and have the chance at securing a roof over their head. I don’t know anyone who has done an OE. That’s a dream of yesteryear or people with wealthy parents. Most kids I know either go into a trade or go to uni and then straight out into a job. Edited by lakeview3 at 7:15 pm, Fri 6 Aug lakeview3 - 2021-08-06 19:13:00 |
| 77 | lakeview3 wrote:
it’s not a foreign concept. I have seen those people, they are not the majority of people. Maybe you socialise with car people and think that’s the norm?? It’s not. If they want to waste money on cars that’s on them. Most young ones I know just want to work, and have the chance at securing a roof over their head. I don’t know anyone who has done an OE. That’s a dream of yesteryear or people with wealthy parents. Most kids I know either go into a trade or go to uni and then straight out into a job. I don't socialise with car people. I do however see what goes on around me. I see all the young people in rentals near me driving their flash cars and I see them going to the tinny house down the road. I made the comment "part of that is self inflicted, a lot don't save, live the high life and then bitterly complain when they don't have money for a deposit on a house." You claim I am wrong, but those of us who see outside our personal circle of people we know can see it. You say if "they" want to waste money its on them - while blaming boomers for them not being able to buy a home. Edited by maddie44 at 7:28 pm, Fri 6 Aug maddie44 - 2021-08-06 19:26:00 |
| 78 | maddie44 wrote:
Have you never been to a drift meet or any car club meet or show?
And I never said anything about 80k debt yeah, poor old LV does get her stories mixed up when all emotional.... smallwoods - 2021-08-06 19:46:00 |
| 79 | lakeview3 wrote:
well I am not sure who you are, never seen you post before. Don’t make up stuff that I said. But hey thanks for proving my point with your ramble. Ouch, played the poster there LV.
I thought that was against the rules? smallwoods - 2021-08-06 19:47:00 |
| 80 | maddie44 wrote:
That would explain why it is a foreign concept to you that young people who don't own homes do indeed own cars worth a lot of money. Their mags/stereos could be worth more than your car. Umm, they may have PAID more than her car is worth, but that doesn't make them WORTH more than her car, once they have put them on their car.
Value normally drops a lot. smallwoods - 2021-08-06 19:49:00 |
| 81 | smallwoods wrote:
Umm, they may have PAID more than her car is worth, but that doesn't make them WORTH more than her car, once they have put them on their car.
Value normally drops a lot. Fair call, bad wording, should have been "cost more" maddie44 - 2021-08-06 19:52:00 |
| 82 | smallwoods wrote:
Ouch, played the poster there LV.
I thought that was against the rules? Only if someone does it to LV. sparkychap - 2021-08-06 19:57:00 |
| 83 | smallwoods wrote:
Ouch, played the poster there LV.
I thought that was against the rules? you are one of the biggest playing it personal posters I have seen…..I mean look at all your posts….LV this LV that….move on lakeview3 - 2021-08-06 20:04:00 |
| 84 | sparkychap wrote:
Only if someone does it to LV. lol that’s funny. You’re the king of making unrelated smart remarks - all from your zero feedback account. Mind you you have made a couple of quite good posts in the last couple of days…..maybe there is hope. lakeview3 - 2021-08-06 20:07:00 |
| 85 | lakeview3 wrote:
lol that’s funny. You’re the king of making unrelated smart remarks - all from your zero feedback account. Mind you you have made a couple of quite good posts in the last couple of days…..maybe there is hope. A couple more than you, then. sparkychap - 2021-08-06 20:40:00 |
| 86 | lakeview3 wrote:
you are one of the biggest playing it personal posters I have seen…..I mean look at all your posts….LV this LV that….move on I some how doubt that, but we still luv ya. smallwoods - 2021-08-06 21:53:00 |
| 87 | maddie44 wrote:
As opposed to how it used to be?
When young people didn't have 10k cars with 5k stereos in them, didn't go off overseas for holidays, didn't buy their dream home as their first house, didn't have the best phones, gadgets, brand new furniture....lived at home with parents longer....
Yes it is harder for the young to get into housing these days but a part of that is self inflicted, a lot don't save, live the high life and then bitterly complain when they don't have money for a deposit on a house.
I should show this comment to my 21 yr old daughter and her partner as they are missing out big time. They are both at University, both doing double degrees and working around 20 hours a week. They live with his parents as its too much to rent a place. They share a car too. Their computers are expensive but that is due to needing them for work and University. They laugh when we talk about the future as they think they will be in their 40’s before they will be able to buy a house and start a family due to student loans ( Tuition only not living costs) and then saving for a deposit. chiz - 2021-08-07 06:40:00 |
| 88 | chiz wrote:
I should show this comment to my 21 yr old daughter and her partner as they are missing out big time. They are both at University, both doing double degrees and working around 20 hours a week. They live with his parents as its too much to rent a place. They share a car too. Their computers are expensive but that is due to needing them for work and University. They laugh when we talk about the future as they think they will be in their 40’s before they will be able to buy a house and start a family due to student loans ( Tuition only not living costs) and then saving for a deposit. yes most young ones I know (like yours) are doing their best to get good jobs and keep their costs down……but don’t people love to generalise about how the young ones are all big spenders and wasters of money. It doesn’t matter how hard they work, rent costs them so much they can’t save much of their income anyway. It’s a very sad situation this country has got itself into and what’s even sadder are the people who continually put theI heads in the sand with all their ‘oh just worker harder spend less’ rhetoric. Shows just how out of touch some people are. lakeview3 - 2021-08-07 06:48:00 |
| 89 | lakeview3 wrote:
yes most young ones I know (like yours) are doing their best to get good jobs and keep their costs down……but don’t people love to generalise about how the young ones are all big spenders and wasters of money. It doesn’t matter how hard they work, rent costs them so much they can’t save much of their income anyway. It’s a very sad situation this country has got itself into and what’s even sadder are the people who continually put theI heads in the sand with all their ‘oh just worker harder spend less’ rhetoric. Shows just how out of touch some people are.
Very true. They aren’t expecting hand-outs or an easy ride but for then it just looks unattainable when before saving a deposit they will need to pay off their student loans.
I almost feel they would have been better not going to Uni but my daughter is at an A+ average ( 4th year) so doing really well chiz - 2021-08-07 07:10:00 |
| 90 | chiz wrote:
I should show this comment to my 21 yr old daughter and her partner as they are missing out big time. They are both at University, both doing double degrees and working around 20 hours a week. They live with his parents as its too much to rent a place. They share a car too. Their computers are expensive but that is due to needing them for work and University. They laugh when we talk about the future as they think they will be in their 40’s before they will be able to buy a house and start a family due to student loans ( Tuition only not living costs) and then saving for a deposit. I’m not sure when it became so important to get a University degree that restricts people from living a normal adult life until they are in their 40s?
It’s not as if the real costs of that degree are unknown before deciding what path to choose.????
There are a lot of successful tradespeople out there who were paid to learn while doing their apprenticeship...
Eg.
The builder who does our work had his 40th birthday this year. He has 3 children, a wife who stays home but does his bookwork, a lovely home that he built, a big boat, a caravan and of course a ute. He and his team of builders take off “powder days” when the snow is good, they all have 3 weeks holidays during the summer and then he is able to take time off to be with his family in other school holidays too. He does not have huge debt and they have a substantial amount in savings in case of an emergency.
And remember, he has just turned 40. I could have written all of the above 5 years earlier, he was on the road to financial security years ago... |
| 91 | lovelurking wrote:
I’m not sure when it became so important to get a University degree that restricts people from living a normal adult life until they are in their 40s?
It’s not as if the real costs of that degree are unknown before deciding what path to choose.????
There are a lot of successful tradespeople out there who were paid to learn while doing their apprenticeship...
Eg.
The builder who does our work had his 40th birthday this year. He has 3 children, a wife who stays home but does his bookwork, a lovely home that he built, a big boat, a caravan and of course a ute. He and his team of builders take off “powder days” when the snow is good, they all have 3 weeks holidays during the summer and then he is able to take time off to be with his family in other school holidays too. He does not have huge debt and they have a substantial amount in savings in case of an emergency.
And remember, he has just turned 40. I could have written all of the above 5 years earlier, he was on the road to financial security years ago...
I have not said that an University education is better than a Tradesperson in fact in this day and age I think you are worse off going to Uni. Unfortunately for them to get into the area they want to work in (Accountant for him and Business for her) they need degrees. Her Dad was able to get into the Business field without a degree but times have changed. chiz - 2021-08-07 07:40:00 |
| 92 | lovelurking wrote:
I’m not sure when it became so important to get a University degree that restricts people from living a normal adult life until they are in their 40s?
It’s not as if the real costs of that degree are unknown before deciding what path to choose.????
There are a lot of successful tradespeople out there who were paid to learn while doing their apprenticeship...
Eg.
The builder who does our work had his 40th birthday this year. He has 3 children, a wife who stays home but does his bookwork, a lovely home that he built, a big boat, a caravan and of course a ute. He and his team of builders take off “powder days” when the snow is good, they all have 3 weeks holidays during the summer and then he is able to take time off to be with his family in other school holidays too. He does not have huge debt and they have a substantial amount in savings in case of an emergency.
And remember, he has just turned 40. I could have written all of the above 5 years earlier, he was on the road to financial security years ago... how do you know what his debt is? lakeview3 - 2021-08-07 07:44:00 |
| 93 | chiz wrote:
I have not said that an University education is better than a Tradesperson in fact in this day and age I think you are worse off going to Uni. Unfortunately for them to get into the area they want to work in (Accountant for him and Business for her) they need degrees. Her Dad was able to get into the Business field without a degree but times have changed. yes teachers doctors nurses accountants lawyers and a whole heap of other people need a degree to do their job. Back in the old days, these people never had student loans to deal with. No wonder we are short of some qualified people when it costs so much to get qualified. You are so right about being able to get into jobs without degrees. My ex did that, has been with the company for over 30 years, now everyone who works for the company needs a science degree including sales people and customer service. The playing field just isn’t level any more. lakeview3 - 2021-08-07 07:49:00 |
| 94 | lakeview3 wrote:
how do you know what his debt is? I don’t.
They do. |
| 95 | lakeview3 wrote:
yes teachers doctors nurses accountants lawyers and a whole heap of other people need a degree to do their job. Back in the old days, these people never had student loans to deal with. No wonder we are short of some qualified people when it costs so much to get qualified. You are so right about being able to get into jobs without degrees. My ex did that, has been with the company for over 30 years, now everyone who works for the company needs a science degree including sales people and customer service. The playing field just isn’t level any more. Nor is the game of life. ???? I was taught Latin and French when I was at high school, we weren’t allowed to use calculators and I’d never seen a computer. You young people are all so lucky, you just don’t see it...???? |
| 96 | chiz wrote:
I should show this comment to my 21 yr old daughter and her partner as they are missing out big time. They are both at University, both doing double degrees and working around 20 hours a week. They live with his parents as its too much to rent a place. They share a car too. Their computers are expensive but that is due to needing them for work and University. They laugh when we talk about the future as they think they will be in their 40’s before they will be able to buy a house and start a family due to student loans ( Tuition only not living costs) and then saving for a deposit. I would be asking my self where their negative attitude comes from. You are the poster who sold up in West Auckland to rent in central for a better education for your kids?
I'd be pretty unhappy if what you say is true. But that isn't my experience. My Son and his partner both attended the local high school, both worked their way through university and both were into good paying jobs straight away, both directly related to their studies, one in IT and the other working for Ministry for Primary Industries. Both now homeowners (yes sorry to say out west lol) but a house share of a 5 bedroom brand new brick and tile free standing home with section. 3 years of savings when you pool resources can be enough. plus a few parents contributed minimal amounts.
So to suggest it wouldn't be possible until 40 is just so negative and so wrong, who feeds them this idea? heather902 - 2021-08-07 08:39:00 |
| 97 | heather902 wrote:
I would be asking my self where their negative attitude comes from. You are the poster who sold up in West Auckland to rent in central for a better education for your kids?
I'd be pretty unhappy if what you say is true. But that isn't my experience. My Son and his partner both attended the local high school, both worked their way through university and both were into good paying jobs straight away, both directly related to their studies, one in IT and the other working for Ministry for Primary Industries. Both now homeowners (yes sorry to say out west lol) but a house share of a 5 bedroom brand new brick and tile free standing home with section. 3 years of savings when you pool resources can be enough. plus a few parents contributed minimal amounts.
So to suggest it wouldn't be possible until 40 is just so negative and so wrong, who feeds them this idea?
That’s me and not us. I’m not sure about the negative attitude because you have to have dreams, goals etc. I wonder if it’s due to needing a large amount of money for a house deposit that worries them as they are very careful with money now and that amount feels so hard to attain. It could be media? No idea
In 12 months time we are moving back west to buy a house, one more year of schooling to go Edited by chiz at 8:50 am, Sat 7 Aug chiz - 2021-08-07 08:48:00 |
| 98 | The member deleted this message. andrew697 - 2021-08-07 08:49:00 |
| 99 | lovelurking wrote:
I don’t.
They do. you made the claim he doesn’t have a huge debt. How do you know? How do you know his whole life isn’t ticked up on credit? Don’t be fooled into thinking people are well off based on appearances only. My father had a German friend, a multi millionaire (20 years ago) and he wore old clothes and drove around in an 11 year old VW Golf…..you would have never known how wealthy he was. A very clever man. lakeview3 - 2021-08-07 09:14:00 |
| 100 | heather902 wrote:
I would be asking my self where their negative attitude comes from. You are the poster who sold up in West Auckland to rent in central for a better education for your kids?
I'd be pretty unhappy if what you say is true. But that isn't my experience. My Son and his partner both attended the local high school, both worked their way through university and both were into good paying jobs straight away, both directly related to their studies, one in IT and the other working for Ministry for Primary Industries. Both now homeowners (yes sorry to say out west lol) but a house share of a 5 bedroom brand new brick and tile free standing home with section. 3 years of savings when you pool resources can be enough. plus a few parents contributed minimal amounts.
So to suggest it wouldn't be possible until 40 is just so negative and so wrong, who feeds them this idea? the fact that you think it’s doable or Ok or that it will work out all ok in the end to have to share half a house with another couple - and having done so WITH parental help - shows how absolutely out of touch with reality and most people’s lives many actually are. What say someone doesn’t have parental help? never has? What say your sons situation isn’t going to go pear shaped once him or the other couple starts having kids? you are completely missing the point. It might be OK for your son, but what about people 10 years younger, they have missed the boat due to their birth date. lakeview3 - 2021-08-07 09:19:00 |
