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So you're pissed with people who made money elsewhere then went to NZ to buy property. And you're pissed because it messes with your plan of earning money in Lo
by robotresearcher 10y ago
So you're pissed with people who made money elsewhere then went to NZ to buy property. And you're pissed because it messes with your plan of earning money in London and then using it to buy property in NZ.
The same international market that employs you in London priced that house in Aukland.
Also, do you imagine your presence in London increases or decreases property prices there?
- te_chris 10y agoNo, not pissed, incredulous. Their luck is theirs, mine is mine. That didn't stop me observing the situation though, observing that the policy settings pursued by western govts have lead to a crazy asset price bubble while wages - even for people as privileged as my partner and I - have stayed relatively stagnant. I'm not an idiot, I know that I'm doing well, but that almost makes me point for me: if a household like mine can't afford to buy a basic asset like housing, what happens to everyone beneath our household in the income scale? (Rhetorical question btw, we all know what happens. Also before anyone says it, yes we could reallocate spending, that is 100% not my point)
- robotresearcher 10y agoOK, I withdraw 'pissed'. Now you're finding 'western govts' to blame for 'crazy' house prices in NZ. But your own plan is/was to buy NZ property with London wages. How can you be incredulous that other people have done the same?