House price falls in NZ by Bloomberg
#1
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Just found this one regarding the NZ housing market and falling prices:
http://www.bloomberg.com/apps/news?p...efer=australia
Great News for those who are currently renting and waiting for affordable house prices .
Enjoy.
http://www.bloomberg.com/apps/news?p...efer=australia
Great News for those who are currently renting and waiting for affordable house prices .
Enjoy.
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Just found this one regarding the NZ housing market and falling prices:
http://www.bloomberg.com/apps/news?p...efer=australia
Great News for those who are currently renting and waiting for affordable house prices .
Enjoy.
http://www.bloomberg.com/apps/news?p...efer=australia
Great News for those who are currently renting and waiting for affordable house prices .
Enjoy.
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We were the "not haves" for too long. Now we feel it's our turn to get our own roof over our heads as a family.
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Phew! You had me worried there for a moment until I got to the end of your sentence!
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Well here in the UK property prices are almost totally out of reach for first time home owners.
The worst part is what you get for that money!
The worst part is what you get for that money!
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Yep - have a look on housepricecrash.co.uk if you want more of the same.
Despicable vultures, the whole lot of them. Too feckless to get in the property market previously and want to make profit out of others' misery now a recession looks likely
Despicable vultures, the whole lot of them. Too feckless to get in the property market previously and want to make profit out of others' misery now a recession looks likely
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Does that mean you are or you are not.
I went through that recession and clung in there and I mean clung on in there, with working as stated above. All week - full time , then 5 nights a week plus weekend work . By myself. No partner . That's how I just about survived that. There was no initialhelp onto the housing ladder. It was just me and only me. I worked and worked and worked. Would some want to see me lose all that now or should they work as I did .
I went through that recession and clung in there and I mean clung on in there, with working as stated above. All week - full time , then 5 nights a week plus weekend work . By myself. No partner . That's how I just about survived that. There was no initialhelp onto the housing ladder. It was just me and only me. I worked and worked and worked. Would some want to see me lose all that now or should they work as I did .
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Does that mean you are or you are not.
I went through that recession and clung in there and I mean clung on in there, with working as stated above. All week - full time , then 5 nights a week plus weekend work . By myself. No partner . That's how I just about survived that. There was no initialhelp onto the housing ladder. It was just me and only me. I worked and worked and worked. Would some want to see me lose all that now or should they work as I did .
I went through that recession and clung in there and I mean clung on in there, with working as stated above. All week - full time , then 5 nights a week plus weekend work . By myself. No partner . That's how I just about survived that. There was no initialhelp onto the housing ladder. It was just me and only me. I worked and worked and worked. Would some want to see me lose all that now or should they work as I did .
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making peace now....
I am sorry if anybody has any disadvantages because of the current house price crash in NZ.
Try to understand that I am only after a very basic thing in life. Getting my family our own place to thrive. At the moment with house prices coming down to hopefully a reasonable level (considering the salary to mortgage ratio) this looks like it is becoming more realistic.
I haven't got any equity from a house sale back in the UK to invest and have saved up for a long time for our new life in NZ.
I shall not post any more facts or news on the this site regarding the housing market trouble.
So please forgive me for getting too excited the Bloomberg article without considering other peoples personal situations
I am sorry if anybody has any disadvantages because of the current house price crash in NZ.
Try to understand that I am only after a very basic thing in life. Getting my family our own place to thrive. At the moment with house prices coming down to hopefully a reasonable level (considering the salary to mortgage ratio) this looks like it is becoming more realistic.
I haven't got any equity from a house sale back in the UK to invest and have saved up for a long time for our new life in NZ.
I shall not post any more facts or news on the this site regarding the housing market trouble.
So please forgive me for getting too excited the Bloomberg article without considering other peoples personal situations
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I had a few sticks of 2nd hand furniture given to me and a mattress. I came to NZ with those exact same sticks of furniture but not the mattress . My 2nd house was a do up. This is the first time I have ever lived in a reasonable house & it still has a sizeable mortgage. I am over 50 ! In that respect , you could say I saved up for a long time for my new life in NZ. Over 30 years .
The moral. If you want something bad enough , you will find a way. I did !
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I think the mistake many made was in thinking that you could use your house as an excellent investment which would double or triple within a few years. This assumption didn't really bare analysis, as it was obvious to many that this situation couldn't really continue without the repercussions now happening.
I think many are now relieved, including myself, that this pattern has now ended and that the housing market will fall back to a sensible level.
Many who are now lamenting being unable to sell their house - probably because it is overpriced - forget that they probably made a killing on their previous house, and will have to consider that profit when selling their present one.
I think many are now relieved, including myself, that this pattern has now ended and that the housing market will fall back to a sensible level.
Many who are now lamenting being unable to sell their house - probably because it is overpriced - forget that they probably made a killing on their previous house, and will have to consider that profit when selling their present one.
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I think the mistake many made was in thinking that you could use your house as an excellent investment which would double or triple within a few years. This assumption didn't really bare analysis, as it was obvious to many that this situation couldn't really continue without the repercussions now happening.
I think many are now relieved, including myself, that this pattern has now ended and that the housing market will fall back to a sensible level.
Many who are now lamenting being unable to sell their house - probably because it is overpriced - forget that they probably made a killing on their previous house, and will have to consider that profit when selling their present one.
I think many are now relieved, including myself, that this pattern has now ended and that the housing market will fall back to a sensible level.
Many who are now lamenting being unable to sell their house - probably because it is overpriced - forget that they probably made a killing on their previous house, and will have to consider that profit when selling their present one.
House price correction will hopefully get us on the yearly salary x 3 level again and leave us with more disposable income.
Also our next generation will be able to leave home and get onto the property ladder much more quickly and parents don't need to remortgage their houses anymore or use their savings to help their kids with a deposit.
Big sigh of relief...
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