|
|
Post by fish on Nov 28, 2022 10:07:51 GMT 12
I've always thought the "best Country" is a misnomer, it is entirely subjective, situational and changes with your personal circumstances.
As a young single man I thought living in the UK was great. Earning more money than I could spend, trips to Europe ever other weekend, fantastic transport links everywhere, lots to do and see. After a while I got bored with drinking 5 nights a week (and twice on weekends), living off kebabs and having more girlfriends than I could actually handle.
The base cost of living in the UK was comparatively high, but the cost of 'luxury' stuff was very cheap, trips, holidays, gigs, boozing etc.
When I wanted a little more stability and started thinking about owning a house, taking my career seriously and what not, that is when I bailed on the UK.
Obviously I'm into my sailing and other water sports, hence the attraction of Auckland / the Gulf. Combined with family and career options, it worked at the time. Obviously traffic and house prices are a detractor.
The situational thing is key. Would you want to live under a bridge in Zurich (or some other amazing city, Oslo, Bath, the Hamptons) or would you want to own your own home, mortgage free in Invercargil?
Invercargill is a bit of a shithole, but I'd take owning my own home mortgage free over living in some amazing city, having to work three jobs, live in a broom cupboard and never see my friends or family, nor have time for leisure and adventure. That said, when I was in my 20's and early thirties, I wasn't interested in owning a house. You would have found me sleeping under a table in the corner of a lounge in Hammersmith, fitting everything I owned in one backpack and having the time of my life.
|
|
|
|
Post by Fogg on Nov 28, 2022 10:54:04 GMT 12
You’re right lots of places have similar issues to NZ so we’re not unique in having highly questionable leadership which creates doubts about long-term direction and appeal of this country.
But given NZ’s geographical remoteness, it isn’t good enough to simply be “no worse” than other places. It does have to be better in many ways. Otherwise the reasons to stay no longer stack up. Or the reasons to stay here permanently don’t stack up. Especially with a young family and kids you want to expose to different cultures.
In terms of lifestyle, food, cost of living, climate, sea & scenery - well the Med is hard to beat in my book. Specifically Spain and Portugal but there are other interesting options too.
We’re thinking a rotation is in order - alternating between NZ (for S hemisphere summer) and UK / Europe / Med for rest of year, would be ideal…
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Nov 28, 2022 11:37:31 GMT 12
NZ is over spending per population.We should have at least 10 mill here to turn things around,not unskilled migrants,but those with skills nz needs.Get manufacturing back here. Export logs and bring it back as funiture?? Sending our hoki offshore and bringing back as Halal fish from Australia because a burger company doesnt like talleys,but talleys is catching and exporting it.Dummies.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Nov 28, 2022 16:15:20 GMT 12
You’re right lots of places have similar issues to NZ so we’re not unique in having highly questionable leadership which creates doubts about long-term direction and appeal of this country. But given NZ’s geographical remoteness, it isn’t good enough to simply be “no worse” than other places. It does have to be better in many ways. Otherwise the reasons to stay no longer stack up. Or the reasons to stay here permanently don’t stack up. Especially with a young family and kids you want to expose to different cultures. In terms of lifestyle, food, cost of living, climate, sea & scenery - well the Med is hard to beat in my book. Specifically Spain and Portugal but there are other interesting options too. We’re thinking a rotation is in order - alternating between NZ (for S hemisphere summer) and UK / Europe / Med for rest of year, would be ideal… NZ is a "small septic pond".... But even worse is trying to leave permanently and being able to have enough money to live in a good country The NZD is the problem.. you lose to much to the euro. Then there is NZ super qualification! Asia would be perfect but to humid. Europe, if you have a EU passport, is the best but now too expensive.. but worth it. Aussie Euro combo is best. |
|
|
|
Post by Fogg on Nov 28, 2022 18:02:03 GMT 12
Unless you’re paid in USD$ 😊
|
|
|
|
Post by fish on Nov 28, 2022 18:09:15 GMT 12
I know of a couple that have rented their Auckland house and moved to Thailand to live. White couple, tradie and an office manager type couple. I'm not across all the details, but it makes you think...
|
|
|
|
Post by jim on Dec 2, 2022 19:33:16 GMT 12
Stumbled on this - it would seem the bubble has well burst www.barfoot.co.nz/auctions-live/completedI know of a youngish couple with an 800k mortgage and disappearing equity/ increasing anxiety. the flow-on effects aren't going to be pretty |
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Dec 6, 2022 19:07:31 GMT 12
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Dec 11, 2022 13:52:18 GMT 12
|
|
|
|
Post by eri on Jan 23, 2023 13:54:13 GMT 12
|
|
|
|
Post by eri on Jan 24, 2023 14:07:33 GMT 12
1. All eyes on Wednesday’s inflation data
It’s a huge release at 10.45am Wednesday, when Stats NZ will publish the Q4 CPI figures. The Q3 reading shocked most commentators by staying stubbornly high (7.2%) and this next result will tell us a lot about the near-term prospects for the official cash rate and mortgages. To be fair, it’d need to be a pretty bad result (say 8%) to cause too much angst at the Reserve Bank, given that they’ve already indicated it expects inflation to stay high for a bit longer yet anyway.
As it happens, the consensus expectation seems to be that inflation could be broadly the same in Q4 (i.e. around 7.2%), but just reading the tea leaves, that kind of surprise 8% result can’t be ruled out altogether, and it would certainly cement another 0.75 percentage increase in the OCR in February, keeping upwards pressure on floating and short-term fixed mortgage rates.
|
|
|
|
Post by eri on Jan 25, 2023 10:35:09 GMT 12
The consumers price index increased 7.2 per cent in the 12 months to December 2022, Stats NZ said today.
It follows months of high inflation where prices frequently rose faster than at any time since the early 1990s.
The 7.2 per cent increase follows another 7.2 per cent annual increase in the September 2022 quarter, and a 7.3 per cent increase in the June 2022 quarter.
Housing and household utilities were the biggest contributors to the December 2022 annual inflation rate.
That was due to rising prices for both constructing and renting housing.
“Higher prices for ready-to-eat food, vegetables, and meat and poultry drove the overall increase in food prices,” Stats NZ said.
Transport was the next largest contributor, driven by rising prices for both international and domestic air fares.
|
|
|
|
Post by ComfortZone on Jan 25, 2023 10:44:15 GMT 12
Food price inflation is a local problem, not world wide
|
|
|
|
Post by OLD ROPE 👀 on Jan 25, 2023 19:24:00 GMT 12
Food price inflation is a local problem, not world wide another Ardern legacy. So much for looking out for the poor! |
|
|
|
Post by eri on Apr 14, 2023 10:13:36 GMT 12
even as grant gaslights the nation by telling us what a wonderful job he's doing the IMF does not agree "In 2023 and 2024, the report projects New Zealand as having the worst unemployment, GDP growth, and change in current account balance, as well as the worst inflation in 2022, second worst in 2023, and third worst in 2024"that's what 6 years of labour mismanagement has delivered "The same report in 2019 had New Zealand leading on GDP growth."when we were still coasting from national's management business.scoop.co.nz/2023/04/12/imf-report-shows-nz-falling-behind-asia/ |
|
