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D&D and the rising pandemic

Garthanos

Arcadian Knight
Even with the currency difference that's less than 300k NZD. You probably couldn't get anything locally at that price, at $280k USD you can get a do'er upper.

And I live in the cheap city. Aucklands basically double that.
an old gramma house can be acquired for 75k usd here The 175k is kind of a nice house in my opinion. We did not have a housing crisis here unlike the coast
 

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Zardnaar

Legend
an old gramma house can be acquired for 75k usd here The 175k is kind of a nice house in my opinion. We did not have a housing crisis here unlike the coast

You wouldn't get a house here for that price. Maybe a section with a ruin in rural NZ falling apart.

If you went to the worst part of the country and don't mind gang members or a meth house next door I think the absolute cheapest you can find is about $140k and that was a year ago.

Job losses starting, if you have job, own house or bought one a few years ahead. It's rough on the young and anyone ending up on welfare.

It's our version of the US stock market I suppose as a side effect of Covid and government stimulus.
 

Cadence

Legend
Supporter
@Zardnaar - 195 sq.meters, almost 1 acre lot, 5 miles from state capital around $225k. But don't worry, our politicians are desperately trying to figure out how to blow up our economy... (with destroying the global climate as a back-up).

Is there any talk there of a glut of certain kinds of houses (especially bigger more expensive ones) when the baby boomers start dying in greater numbers?

---

In COVID related things, looks like the kids doing all virutal learning (instead of 2 days in school 3 days out) get no elective courses (so just math, English, social studies, and science). They're still having high school and middle school sports though, just with limited seating.
 
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Zardnaar

Legend
@Zardnaar - 195 sq.meters, almost 1 acre lot, 5 miles from state capital around $225k. But don't worry, our politicians are desperately trying to figure out how to blow up our economy... (with destroying the global climate as a back-up).

Is there any talk there of a glut of certain kinds of houses (especially bigger more expensive ones) when the baby boomers start dying in greater numbers?

---

In COVID related things, looks like the kids doing all virutal learning (instead of 2 days in school 3 days out) get no elective courses (so just math, English, social studies, and science). They're still having high school and middle school sports though, just with limited seating.

NZ houses not usually that size. 195 so.metres is a large house. Houses probably more like 100-130 sq.metres.

Boomers getting blamed but if they die off their kids probably inherit. No inheritance or capital gains tax. Not really going to put vastly more houses on the market.

With border closures they figured it would relieve pressure but now there's kiwis coming back either fleeing Covid or job losses so come home.

They're relaxing the border rules do non citizen partners can enter soon although you would assume they will move into existing households.
 

Cadence

Legend
Supporter
NZ houses not usually that size. 195 so.metres is a large house. Houses probably more like 100-130 sq.metres.

Boomers getting blamed but if they die off their kids probably inherit. No inheritance or capital gains tax. Not really going to put vastly more houses on the market.

We spent a generation or two or three in the US buying bigger things for ourselves and not building infrastructure or a vaguely even economic playing field.

From 1920 to 1940 the average new house was around 1100 sq ft, so approx. 100 sq. m
By 1975 we were up to 150 sq. m, and by 2015 up to 250 sq. m


1600315340721.png


For the inheritence, what do the kids do with the house when it's in a quickly shrinking town or small city in the midwestern US and they live 100+ miles away? Some cities have purchased and torn down entire mostly-vacant neighborhoods over the past decade to turn into green space.
 
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cbwjm

Hero
Even with the currency difference that's less than 300k NZD. You probably couldn't get anything locally at that price, at $280k USD you can get a do'er upper.

And I live in the cheap city. Aucklands basically double that.
Go live out somewhere really inconvenient in a terrible run down house and you can get something for less than 100k, but why would you want to?

I remember looking at houses in Turua where I grew up, small town (if you can use the term town) and house prices were ridiculous, I think 600k+
 


Zardnaar

Legend
Go live out somewhere really inconvenient in a terrible run down house and you can get something for less than 100k, but why would you want to?

I remember looking at houses in Turua where I grew up, small town (if you can use the term town) and house prices were ridiculous, I think 600k+

I grew up in Oamaru. Last I looked they were hitting $400k.

Some interesting conversations on r/new Zealand about rent and house prices. I think Westport was the last "cheap" town left.
 


GreyLord

Hero
I grew up in Oamaru. Last I looked they were hitting $400k.

Some interesting conversations on r/new Zealand about rent and house prices. I think Westport was the last "cheap" town left.

That's actually not bad for much of the US (there is the midwest where prices are dirt low, but in much of the US prices seem to go for an average size home between 250K-350K. That's around 268K USD if the conversion on google is right.

If you live more towards where the population of the US lives though, that's cheap as well. House prices in the urban areas of California are going for 1-2 million for an average sized house when I was looking out there, and in Urban cities elsewhere houses are going for 400K-500K USD where I was looking (which appears to be around 600-750K in New Zealand money? according to google conversions).

I suppose it's all about location, location, location.
 

Hussar

Legend
Heh. You guys have no idea what housing prices are like. I live in a small town in the poorest part of Japan (Kyushu) and a 15 year old 3 bedroom house on a tiny lot runs about 300k USD. In the cities? Good luck.
 

Zardnaar

Legend
Heh. You guys have no idea what housing prices are like. I live in a small town in the poorest part of Japan (Kyushu) and a 15 year old 3 bedroom house on a tiny lot runs about 300k USD. In the cities? Good luck.

100 year old house in my city. May or may not have insulation. Big section though.

They thought due to Covid prices go down. They're surging instead.

IMG_20200704_101936.jpg


That big house top and middle sold not to long ago. Think it went for $740k ($518k U SD approx).

That red brick ones like that are popular. Not sure how much it would go for but won't be cheap. Unless you're from Auckland. Probably built 60s or 70s.
 
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The other week my family held a family weekend in a house that they had rented, but I politely declined. That many people together in one house, even with social distancing, is a blatant disregard for the rules. I thought my family would be smarter than that.

This week my mother is celebrating her birthday at a cafe with lots of people, and again I politely declined. But now the emotional blackmail starts. "Oh, I would be really disappointed if you didn't show up". She's ignoring the Corona rules, and I'm the bad guy?! It pisses me off. It is like everyone wants everyone else to make the sacrifices, but oh no, not our birthday party.

For crying out loud, it is only one year. Just one year! Just stay inside and don't do social gatherings. How hard can that be?!
 

Zardnaar

Legend
The other week my family held a family weekend in a house that they had rented, but I politely declined. That many people together in one house, even with social distancing, is a blatant disregard for the rules. I thought my family would be smarter than that.

This week my mother is celebrating her birthday at a cafe with lots of people, and again I politely declined. But now the emotional blackmail starts. "Oh, I would be really disappointed if you didn't show up". She's ignoring the Corona rules, and I'm the bad guy?! It pisses me off. It is like everyone wants everyone else to make the sacrifices, but oh no, not our birthday party.

For crying out loud, it is only one year. Just one year! Just stay inside and don't do social gatherings. How hard can that be?!

What we did in lockdown (wife's family all live in same suburb they grew up in) is we walked around to the houses to "visit" but they stayed on the porch and we stayed at the gate and talked over the fence.
 



Dannyalcatraz

Schmoderator
Staff member
The other week my family held a family weekend in a house that they had rented, but I politely declined. That many people together in one house, even with social distancing, is a blatant disregard for the rules. I thought my family would be smarter than that.

This week my mother is celebrating her birthday at a cafe with lots of people, and again I politely declined. But now the emotional blackmail starts. "Oh, I would be really disappointed if you didn't show up". She's ignoring the Corona rules, and I'm the bad guy?! It pisses me off. It is like everyone wants everyone else to make the sacrifices, but oh no, not our birthday party.

For crying out loud, it is only one year. Just one year! Just stay inside and don't do social gatherings. How hard can that be?!
We’re planning our holiday meals...with social distancing in mind.

Usually, our house is the center for the big gatherings. We’re centrally located, and, at the risk of sounding like a braggart, I’m a damn good cook. Big gatherings, I get to show off. This year’s uninvited guest has changed all that. We’re still planning on me doing some serious cooking, but there will be NO gathering.

Instead, starting tomorrow, I will begin cooking some of the side dishes we’d usually serve for Thanksgiving, Christmas, and to a lesser extent, New Years, and packaging them up in the freezer in moderately sized bundles.* And some of those frozen sides will be delivered to the houses of our usual invitees.

On the day of the actual holidays, we’ll take some out, thaw, and eat, along with a moderate sized bird or some such.

Hopefully, those that can do so will reciprocate.




* No full menu plan as yet, but tomorrow’s dish is turnip greens. Other likely suspects include maque choux, mirliton, and oyster dressing
 

Zardnaar

Legend
We’re planning our holiday meals...with social distancing in mind.

Usually, our house is the center for the big gatherings. We’re centrally located, and, at the risk of sounding like a braggart, I’m a damn good cook. Big gatherings, I get to show off. This year’s uninvited guest has changed all that. We’re still planning on me doing some serious cooking, but there will be NO gathering.

Instead, starting tomorrow, I will begin cooking some of the side dishes we’d usually serve for Thanksgiving, Christmas, and to a lesser extent, New Years, and packaging them up in the freezer in moderately sized bundles.* And some of those frozen sides will be delivered to the houses of our usual invitees.

On the day of the actual holidays, we’ll take some out, thaw, and eat, along with a moderate sized bird or some such.

Hopefully, those that can do so will reciprocate.




* No full menu plan as yet, but tomorrow’s dish is turnip greens. Other likely suspects include maque choux, mirliton, and oyster dressing

I have severe doubts in your ability to cook. Please send samples to prove otherwise to.

Lazy chunky monkey
123 Eat Now Street
Dunedin
NZ

I suggest expedited air freight tyvm (ducks). Chartered private jet can also work.
 

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