Fantastic. As a NZ expat currently resident in London it's depressing the way global market conditions have sent house prices skyrocketing in the places I'd like to live. My partner and I are doing well here, and we plan to go back to NZ one day, but in just 6 years since my partner's brother was here what we'd go back to has changed immeasurably.
He and his partner managed to come over here when the pound was worth $3 NZD, rent was cheaper, save well and move back to Auckland when houses were depressed (2009-2010). Since then they rode the wave and now have a beautiful home with a view straight down the Waitemata harbour.
My partner and I? We came here when the pound was at $2.10ish, not so bad I thought, not as good, but y'know, we make good money, we can deal with it. Then BREXIT. BOOM. Now the pound is $1.70, our salaries are, of course, still the same. Also a shithole house in Auckland in a bad suburb now costs at least $700k NZD - the first house that my partner's brother bought cost $650k NZD, in a nice suburb on transport links.
The world is mad.
He and his partner managed to come over here when the pound was worth $3 NZD, rent was cheaper, save well and move back to Auckland when houses were depressed (2009-2010). Since then they rode the wave and now have a beautiful home with a view straight down the Waitemata harbour.
My partner and I? We came here when the pound was at $2.10ish, not so bad I thought, not as good, but y'know, we make good money, we can deal with it. Then BREXIT. BOOM. Now the pound is $1.70, our salaries are, of course, still the same. Also a shithole house in Auckland in a bad suburb now costs at least $700k NZD - the first house that my partner's brother bought cost $650k NZD, in a nice suburb on transport links.
The world is mad.