My Feeling is the same as it was in 2012, If one needs a house to live in and it looks like one is in a position to finance it (with a buffer one would deem comfortable) then by all means, I would look to buy a home.
Attempting to “time the market” is at best difficult if not impossible. I can’t say what would happen in the next few years. For all I know, we could have a volcano blow up under Auckland or another equally unforeseen disruptive event and houses prices could then crash through the floor. At the moment, all the information I’ve seen around the place suggests that house prices are on track for single digit percentage gains across the board in New Zealand for the next year or two, but I reiterate, who the freak knows in this bizarre market, particularly given the distortive effects of a decade of seemingly endless and inefficiency encouraging “stimulus” Continue reading “If you want to buy a home to live in, then buy one”→
19th to 21st August 2018 – Family affair mostly. Driving relatives to Rotorua and Waitomo. Attractions covered include: Agrodome, Rainbow Springs, Te Puia (+ Pohutu Geyser), then Waitomo Glow worm Caves. Click picture below to access photo collection…
Weather wasn’t that co-operative this time. The best weather was on the Sunday when we visited Agrodome.
Sharing family photos into mainland China has been an increasingly difficult issue to overcome. Often the server and front page of any given site is accessible, it doesn’t mean that the Great Firewall of China doesn’t employ some heuristics to block certain behaviors from occurring rendering the given site effectively inoperable to visitors in China. Apparently tried and true (domain) Email still works
With climate change, peculiar weather patterns, increasing population, arable land loss, I am wondering if we may be in for a global food shortage at some point, particularly with the increasing price of food across the board.
Houses are for housing people, they were never suppose to be financial instruments of (rampant) speculation. A lot of the blame (for a lack of a more sedate word), can be laid at the feet of Quantitative Easing generating excess liquidity across the Globe.
It is an older (2005/2006) film projected on to the dome ceiling of the Star dome. Being part of Stardome’s School Holiday Program, Family groups with Kids are likely to derive the most enjoyment from it.
The actual “Super Volcano” film clip (as shown in the trailer in the aforementioned link) runs for about 23 minutes starting from Indonesia and describing it’s lasting effect on the world, through the “Great Dying”, before zooming out and examining the volcanoes of other planets.
The remainder of the time was utilized as a generalized star light presentation of the Solar system, aimed primary at younger kids interested in astronomy. Total Run time for the content by itself is 40 minutes (Super Volcano film + Solar system presentation). No photos to show this time (as photography is prohibited inside the Stardome room itself)
May be alright value with Family groups on a $40.00 (+ Booking fee) Family pass. (In contrast to say a group of Adult aged friends at 13.50 each where it perhaps falls on the expensive side)