Stay Here or Go back?
Mar 15th 2013, 10:49 pm
#46
.
Joined: Jun 2010
Location: Peterborough, Cambridgeshire
Posts: 2,744
Re: Stay Here or Go back?
Even some of those who may want to leave NZ may not regret emigrating in the first place. I imagine they might be looking back with regret and kicking themselves for not giving things a go. You need to try things to know. I think it is harder when you have choices sometimes - we worry so much about making the wrong one. But they say you regret the things you didn't do more, so although I have some serious reservations about returning to NZ after living for 16 years in the UK, I know I will regret not giving it a go. We have been talking about it so long, it's about time we stopped procrastinating...waiting for the "best" time. So maybe those who want to leave should just do it and to hell with the "best" time. I have spent years thinking I just needed more information, or for someone to tell me the right thing to do. I figure there is never going to be a "right" answer on this issue.
Mar 16th 2013, 9:34 am
#47
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Joined: Nov 2010
Location: Was Auckland-NZ, Now Wales
Posts: 685
Re: Stay Here or Go back?
I like that. Whatever the future holds, I am glad I moved here. It puts the UK in a new perspective for me and in particular it has made me realise I am done with big or "bigger" city life.
We only live once, we have to go things a go or what's the point in it all?
We only live once, we have to go things a go or what's the point in it all?
Mar 17th 2013, 3:19 am
#48
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Joined: Feb 2008
Location: Rotorua
Posts: 410
Re: Stay Here or Go back?
It's impossible to predict what the future holds, & I'd never rule out a return to the UK. I had a good life there, friends, family, comfortable (centrally heated & double glazed) home & a job that I enjoyed. But we got the opportunity to move over here, & after a fair bit of debate we decided that we'd regret it forever if we didn't give it a go. But after very nearly 5 years here we're settled & enjoying NZ life. It's not perfect, NZ has it's problems, but then again so does the UK. For now I'm very happy to say that I'm here for the long term, no plans whatsoever to move away. But will we live out the rest of our days here? I have no idea!
Mar 17th 2013, 4:35 am
#50
Forum Regular
Joined: Mar 2013
Location: Clevedon, Auckland
Posts: 63
Re: Stay Here or Go back?
It's impossible to predict what the future holds, & I'd never rule out a return to the UK. I had a good life there, friends, family, comfortable (centrally heated & double glazed) home & a job that I enjoyed. But we got the opportunity to move over here, & after a fair bit of debate we decided that we'd regret it forever if we didn't give it a go. But after very nearly 5 years here we're settled & enjoying NZ life. It's not perfect, NZ has it's problems, but then again so does the UK. For now I'm very happy to say that I'm here for the long term, no plans whatsoever to move away. But will we live out the rest of our days here? I have no idea!
To find something rewarding, we would have had to move, and so we did. A little further than necessary perhaps, but it's not something we regret.
And we've been here 9 months, not 5 years. Other than that Tomsk and I have sufficient in common that I'm thinking of becoming Tobermory.
Mar 17th 2013, 5:41 am
#51
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Joined: May 2007
Location: Western Sydney For Now
Posts: 434
Re: Stay Here or Go back?
I personally really respect the people that want to return for being so honest in how they feel, however even if I did want to return I just cannot see where I would see a job being in the UK and if I could get a job whether it would allow me the type of life day to day that I would accept.
For me, I would like to try another place in NZ as Auckland is changing fast and I am not sure I want to be here too much longer.
For me, I would like to try another place in NZ as Auckland is changing fast and I am not sure I want to be here too much longer.
Mar 17th 2013, 5:47 am
#52
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Joined: Mar 2013
Location: Clevedon, Auckland
Posts: 63
Re: Stay Here or Go back?
At least there is plenty of choice.
Last edited by gcr; Mar 17th 2013 at 6:46 am.
Mar 17th 2013, 6:33 am
#53
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Joined: Oct 2007
Location: East Auckland
Posts: 277
Re: Stay Here or Go back?
Staying I know you can't predict future events that may change decisions but as far as I can tell into the future we have no plans to return to the UK and do not want to. Been in New Zealand 4.5 years and settled very well. I like living in Auckland (east Auckland) but also like very much some other parts of the country we have visited, and would consider a move elsewhere depending on timings/job opportunities. Have recently fallen for Tasman area, so you never know (We'd never been to NZ before we emigrated and didn't know anyone here).
I know you can't predict future events that may change decisions but as far as I can tell into the future we have no plans to return to the UK and do not want to. Been in New Zealand 4.5 years and settled very well. I like living in Auckland (east Auckland) but also like very much some other parts of the country we have visited, and would consider a move elsewhere depending on timings/job opportunities. Have recently fallen for Tasman area, so you never know (We'd never been to NZ before we emigrated and didn't know anyone here).
Mar 17th 2013, 9:54 am
#56
Truth is the safest lie.
Joined: Jul 2008
Location: @ the beach.
Posts: 7,240
Re: Stay Here or Go back?
Just income.
Rates are low and banks are very loose really. It's as if the banking crisis had never happened. It's looked like housing bubble 2.0 since the end of last year so fill yer boots! NZRB have said they won't raise rates for at least a year!
Only one more bit of advise, make sure you are near a chair when the music abruptly stops
.
Rates are low and banks are very loose really. It's as if the banking crisis had never happened. It's looked like housing bubble 2.0 since the end of last year so fill yer boots! NZRB have said they won't raise rates for at least a year!
Only one more bit of advise, make sure you are near a chair when the music abruptly stops
.
Mar 17th 2013, 7:55 pm
#57
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Joined: Nov 2010
Location: Was Auckland-NZ, Now Wales
Posts: 685
Re: Stay Here or Go back?
Just income.
Rates are low and banks are very loose really. It's as if the banking crisis had never happened. It's looked like housing bubble 2.0 since the end of last year so fill yer boots! NZRB have said they won't raise rates for at least a year!
Only one more bit of advise, make sure you are near a chair when the music abruptly stops.
Rates are low and banks are very loose really. It's as if the banking crisis had never happened. It's looked like housing bubble 2.0 since the end of last year so fill yer boots! NZRB have said they won't raise rates for at least a year!
Only one more bit of advise, make sure you are near a chair when the music abruptly stops
.Let me tell you a true story...
A friend of mine at work is looking to buy a house with her partner. She only has a 5% deposit, however to buy at auction she needs a 10% deposit. The bank have offered her a LOAN for all of the deposit as well as a competitive interest rate (around 4.75%). The bank(s) claimed that they do this a lot, so there's a lot of people out there living with serious amounts of debt. She claimed that the loan would cost her approximately $1000 a month until she can pay it off. She of course was sensible and declined that. But how many people will take the bait?
If you read the papers and what economists seem to say, there is a consensus that interest rates will rise towards the end of 2013 and start of 2014. That will hit a lot of recent home buyers hard.
Sorry if I seem somewhat harsh with my first statement, but I do generally believe it is foolishness to be taking out such large mortgages with such low interest rates (as they can only go up!)
Mar 17th 2013, 7:59 pm
#58
Forum Regular
Joined: Feb 2013
Location: Drury, Auckland
Posts: 91
Re: Stay Here or Go back?
Staying I know you can't predict future events that may change decisions but as far as I can tell into the future we have no plans to return to the UK and do not want to. Been in New Zealand 4.5 years and settled very well. I like living in Auckland (east Auckland) but also like very much some other parts of the country we have visited, and would consider a move elsewhere depending on timings/job opportunities. Have recently fallen for Tasman area, so you never know (We'd never been to NZ before we emigrated and didn't know anyone here).
I know you can't predict future events that may change decisions but as far as I can tell into the future we have no plans to return to the UK and do not want to. Been in New Zealand 4.5 years and settled very well. I like living in Auckland (east Auckland) but also like very much some other parts of the country we have visited, and would consider a move elsewhere depending on timings/job opportunities. Have recently fallen for Tasman area, so you never know (We'd never been to NZ before we emigrated and didn't know anyone here).
Makes me think I am a tidgy bit chicken s**t worrying about the move, and I am a returning Kiwi! 
Mar 17th 2013, 8:40 pm
#59
Forum Regular
Joined: Mar 2013
Location: Clevedon, Auckland
Posts: 63
Re: Stay Here or Go back?
I'd say there is 12 months of the boom time left. Then it will begin to catch up with everyone like it did in the UK and US. Fingers crossed there is a MASSIVE property crash and people who took out stupidly unaffordable mortgages will soon realise the consequences. At the same time I do blame the banks.
Let me tell you a true story...
A friend of mine at work is looking to buy a house with her partner. She only has a 5% deposit, however to buy at auction she needs a 10% deposit. The bank have offered her a LOAN for all of the deposit as well as a competitive interest rate (around 4.75%). The bank(s) claimed that they do this a lot, so there's a lot of people out there living with serious amounts of debt. She claimed that the loan would cost her approximately $1000 a month until she can pay it off. She of course was sensible and declined that. But how many people will take the bait?
If you read the papers and what economists seem to say, there is a consensus that interest rates will rise towards the end of 2013 and start of 2014. That will hit a lot of recent home buyers hard.
Sorry if I seem somewhat harsh with my first statement, but I do generally believe it is foolishness to be taking out such large mortgages with such low interest rates (as they can only go up!)
Let me tell you a true story...
A friend of mine at work is looking to buy a house with her partner. She only has a 5% deposit, however to buy at auction she needs a 10% deposit. The bank have offered her a LOAN for all of the deposit as well as a competitive interest rate (around 4.75%). The bank(s) claimed that they do this a lot, so there's a lot of people out there living with serious amounts of debt. She claimed that the loan would cost her approximately $1000 a month until she can pay it off. She of course was sensible and declined that. But how many people will take the bait?
If you read the papers and what economists seem to say, there is a consensus that interest rates will rise towards the end of 2013 and start of 2014. That will hit a lot of recent home buyers hard.
Sorry if I seem somewhat harsh with my first statement, but I do generally believe it is foolishness to be taking out such large mortgages with such low interest rates (as they can only go up!)
Low rates encourage reckless spending. Then the rate goes up, and the trouble starts...
Mar 17th 2013, 8:51 pm
#60
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Joined: Sep 2006
Posts: 4,298
Re: Stay Here or Go back?
Coming from the UK, the interest rates in NZ (while locally low) actually seem high. When we sold our place in the UK, we had been on a fixed rate of 3.95% (might have been 3.99) and I know there were offers around which were quite a lot lower than that.
Low rates encourage reckless spending. Then the rate goes up, and the trouble starts...
Low rates encourage reckless spending. Then the rate goes up, and the trouble starts...
Someone who takes out a mortgage will likely have it for about 20 years. Interest rates will not be 5% or thereabouts for the 20 years. One wonders how many have thought of this? I know their wages will rise but enough to sustain a 9 maybe 10% interest rate?
