I've been looking at real estate around the country recently and it seems there are only a few towns in New Zealand where you can buy a house reasonably priced. Most town house prices have gone up to on average of 14% just in the last year and in some places you can't buy a basic house for less than a million or so - which is why we moved to the west coast. Since we've been here we've made some very necessary changes to my property such as putting in a new kitchen and a huge deck on the outside, next up is the bathroom. So far it's added a good amount of profit to the value.
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8 comments:
Real estate prices near me are always ridiculously high.
We in the U.S call that "Window shopping", it is a dreamers heaven. Our neighborhood has gone up a lot also, ine three houses down is asking $947,000. It's five bedrooms, ours is four so smallee and would bring less. We won't sell for a while, then we will try a"senior" or an "assisted living" apartment.
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Jim, TX
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I read that people are leaving Tassie because of the health system
..with skyhigh real estate prices, many are just looking.
I just rented new appartment. It´s brand new and rent is reasonable. Me happy. I don´t get why one want´s to own the place they´re living. When you wanna change it´s more easy to rent a new one than sell your old and byu new one. Is it the Status they´re after?
I like looking at ads on NZ sites of houses for sale. The prices don't mean anything to me but I enjoy seeing the styles and the amount of land they 9ften have round them
It seems to be the same all over! So lucky we bought our condo in 2011 - it´s worth is through the roof now. We could never afford it anymore! Crazy and unfair.
We watch a show about people, typically Americans, trying to buy houses in various places in other countries and we are amazed at high home prices in much of the world.
A little story. Years ago my wife and I met this couple from California who had recently moved to our town in Oklahoma. They were in the airline business so they had a lot of flexibility in where they could live.
They said they visited Tulsa and picked up a newspaper and saw the ads for houses and the prices were so ridiculously low to them that they thought it was down paysments. They talked to a few realtors and found out that the prices were indeed low. It was funny, they said they called their best friends and told them that they were moving to Tulsa because they were giving houses away for for free.
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