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Search: Posts Made By: shocked kiwi
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Forum: New Zealand
Nov 9th 2013, 10:17 pm
Replies: 484
Views: 99,838
Posted By shocked kiwi

Re: 20% deposit needed to buy a house from oct

Also according to the OCED Nz now has the 2nd highest cost of housing in the western world,
2nd only to GREECE, for gods sake(omg)....this article was a recent one from 6th nov.... it used to be...
Forum: New Zealand
Aug 26th 2013, 6:40 am
Replies: 484
Views: 99,838
Posted By shocked kiwi

Re: 20% deposit needed to buy a house from oct

well apparently you can't retire and will just have to work until you die - or else become too gaga and end up in a home - that's if there are still state funded old folks homes
Forum: New Zealand
Aug 26th 2013, 6:39 am
Replies: 484
Views: 99,838
Posted By shocked kiwi

Re: 20% deposit needed to buy a house from oct

Hey I'm no economist but common sense tells me that if house prices get out of hand everywhere then we are headed for another GFC even worse than the first. I keep reading predictions from so-called...
Forum: New Zealand
Aug 26th 2013, 4:40 am
Replies: 484
Views: 99,838
Posted By shocked kiwi

Re: 20% deposit needed to buy a house from oct

oh no!
Forum: New Zealand
Aug 26th 2013, 4:40 am
Replies: 484
Views: 99,838
Posted By shocked kiwi

Re: 20% deposit needed to buy a house from oct

bnz chief economist today on how house prices in nz will keep rising till 2017

http://www.interest.co.nz/property/66045/bnz-chief-economist-longer-home-buyers-hold-more-house-prices-will-rise
Forum: New Zealand
Aug 23rd 2013, 2:40 am
Replies: 484
Views: 99,838
Posted By shocked kiwi

Re: 20% deposit needed to buy a house from oct

totally agree
Forum: New Zealand
Aug 23rd 2013, 1:36 am
Replies: 484
Views: 99,838
Posted By shocked kiwi

Re: 20% deposit needed to buy a house from oct

I grew up in nz - it wasn't always like this. Nz had one of the highest standards of living in the world once. In the 70s my parents aged 22 and 23 could build a brand new house in bucklands beach...
Forum: New Zealand
Aug 21st 2013, 11:36 pm
Replies: 484
Views: 99,838
Posted By shocked kiwi

Re: 20% deposit needed to buy a house from oct

its because of the free trade agreement with china, part of the deal is unrestricted access to our property market to wealthy asian buyers who come to the house auctions in auckland and can buy...
Forum: New Zealand
Aug 21st 2013, 5:46 am
Replies: 484
Views: 99,838
Posted By shocked kiwi

Re: 20% deposit needed to buy a house from oct

its scary - maybe i'll spend my house deposit on a world trip - hellava lot more fun then a massive mortgage.
Forum: New Zealand
Aug 20th 2013, 9:28 pm
Replies: 484
Views: 99,838
Posted By shocked kiwi

20% deposit needed to buy a house from oct

This in the paper and in the news today about 20% deposits for houses now required....

http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11111719

How the changes will work...
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