New Zealand - The Good, The Bad and The Ugly.

[Wayne Potgieter]

Just now, patches said:

That should be criminal! For over $100k I'd expect way better finishes than those. Yes it has some reclining seats, but the centre console looks cheap & nasty.

Definitely not how I'd spend $100k (not that I have it) to get 7 seats.

I agree completely. I was talking with a sales guy at Toyota recently and he mentioned it is quite the status symbol to have amongst the Asian immigrants in our community, in particular Chinese people. Kinda like BMWx6's for people from Benoni.

I guess (like most things) people can attribute value based on status, but for $100k you can do a lot better if you lose that sort of thinking.

[patches]

2 hours ago, Wayne Potgieter said:

I agree completely. I was talking with a sales guy at Toyota recently and he mentioned it is quite the status symbol to have amongst the Asian immigrants in our community, in particular Chinese people. Kinda like BMWx6's for people from Benoni.

I guess (like most things) people can attribute value based on status, but for $100k you can do a lot better if you lose that sort of thinking.

Was going to say, big Filipino families are also massive fans of the Alphard.

The status thing is always amuses me. In Auckland it almost seems to be postcode based. In Grey Lynn and Ponsonby it's all about the Audi RS4 and RS6 wagons. On the south side of the Shore it's about the BMW's and Merc SUV's.

[Wayne Potgieter]

My Mrs is travelling on a conference at the moment. She has gone to Hayman Island in Australia. Really close to Hamilton Island. 

If any of you are looking for a great white sand, blue water kind of holiday - she recommends.

[davetapson]

Got weather from the NE which is apparently unusual.

Got a corner of the lounge/outside courtyard that is perfectly positioned to catch that, and lo and behold, the roof is leaking.

Sometimes I'm glad to be in a rental.

[hayleyearth]

Anyone here looking for a new job and in the engineering field? We have multiple of jobs available and desperatly looking of people all across the reporting structure... Here's one position...

https://www.lioncareers.com/job/923672000/

 

They are basically looking for people, so anyone looking for a change, now is your time

 

[Wayne Potgieter]

Gosh, I could see myself living here....

https://mtcardronastation.co.nz/

 

[patches]

1 hour ago, Wayne Potgieter said:

Gosh, I could see myself living here....

https://mtcardronastation.co.nz/

Looks awesome! Definitely my favourite island!

A few years back I went on a horse trek around those hills and trail guides were pointing out that there was a development coming (which may have been this one). They were of course anti, but you can't deny that it's a pretty awesome place to live.

 

[patches]

Local council campaigning is heating up in my neighbourhood.

 

 

[Wayne Potgieter]

5 hours ago, patches said:

Local council campaigning is heating up in my neighbourhood.

 

 

Ooof. Someones angry at Mr Grant.

[Steven Knoetze (sk27)]

Not a fan of Jacinda, this adds to my dislike:

 

Edited September 2, 2022 by Steven Knoetze (sk27)

[patches]

We went to Roto-Vegas for the weekend and decided to rent eBikes to ride the Forest Loop (approx 33km).

Dare I say I rather enjoyed cycling in "easy mode" 😅

I can recommend for anyone looking for a nice outdoor activity in the redwoods, and perfectly suitable to non-cyclist types.

 

[patches]

Business Tech had an article on "What does R3m get you around the world"

https://businesstech.co.za/news/property/620301/heres-what-a-r3-million-property-looks-like-in-south-africa-vs-london-australia-new-zealand-and-ireland/?fbclid=IwAR2aAybsxTmWUod9GF_ev2aIURFkiulcx-bi2VcKoFB6L9Ze1DRtwZ3K1hY

Anyone else see the issue with the Parnell property they listed? 😂

[DJR]

Was wondering about Slowbee and his family. Been very quiet from their corner.

[E1A104]

On 9/21/2016 at 8:34 AM, Wayne Potgieter said:

Geez, the Hubber contingent in NZ is growing like mad.

 

Lets get a list going of all the folks on here that are in the land of the long white cloud.

 

(forgive me if i dont put your name on here - those that know me well will understand what a Moron I actually am)

 

Wayne - East Auckland

Ramrod - North Shore

Hayley - East Auckland

Intern - Whakatane

DawieO - 

NiteRider - Maraetai

Delgado - (i think Wellington)

Patches - Earthquake Central

Beanz - Not Sure

Big Bens Brother

Pappa Bear -  Not Sure

Nolipoli - North Shore

 

Actually, perhaps if you are keen, PM me your local numbers. I will create a whatsapp group for rides and general misbehaving.

 

Sweet as Bro's (that includes you Hayley)

E1A104 - Wellington

[the nerd]

On 9/5/2022 at 3:06 AM, patches said:

Business Tech had an article on "What does R3m get you around the world"

https://businesstech.co.za/news/property/620301/heres-what-a-r3-million-property-looks-like-in-south-africa-vs-london-australia-new-zealand-and-ireland/?fbclid=IwAR2aAybsxTmWUod9GF_ev2aIURFkiulcx-bi2VcKoFB6L9Ze1DRtwZ3K1hY

Anyone else see the issue with the Parnell property they listed? 😂

The other issue they've completely missed is the article is based on exchange rate and not on affordability or even interest rates! 

 

Whats the interest rate in NZ for a home loan at the moment? 

[patches]

5 hours ago, the nerd said:

The other issue they've completely missed is the article is based on exchange rate and not on affordability or even interest rates! 

 

Whats the interest rate in NZ for a home loan at the moment? 

Totally agree, comparing R3m (or approx NZD 300,000), around the world is not a great way to indicate affordability, but with so many variables (salaries relating to specific industries, tax brackets, interest rates, min. deposit %, etc).

I guess they were looking for a quick way to compare, and a little bit of click-bait to help the people in Parktown North feel better about their "expensive" homes. 

Besides, all us Saffer expats are guilty of converting back to Rands, whether buying a house or a box of smarties 😅

A more accurate comparison would be the dept-income ratio between the median household income and the average house price in a specific region. Even then, unemployment rates may skew outcomes.

I fished this snapshot out of a previous post I made. It's from Dec 2021. Not sure how accurate their figures are as the median house price in Auckland at the time would have been around $1.3m (they're lower now) and the nationwide average household income I would estimate at over $100,000.