dam
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Post by dam on Feb 1, 2022 12:57:53 GMT
You do have to wonder that, if this is a global thing (and it seems to be), it might be the spur to move things to renewables. One can only hope. The thing with the gas and oil oligarchs is they know their days are numbered. Perhaps not in the lifetimes of those in the upper echelons but certainly the grandkids and such. The anti-vaccine/lockdown/5G crowd will be moved on to be "net-zero sceptics" after COVID has died down a bit. |
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H-alphaFox
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Post by H-alphaFox on Feb 1, 2022 13:06:18 GMT
Another fine example of capitalism in action. www.abc.net.au/news/2022-02-01/reserve-bank-bond-buying-program-interest-rates/100795814Again from Australia but this type of nonsense is institutionalised the world over. The short of it is the Reserve Bank have spent 350 billion on buying Federal Reserve bonds in an effort to keep interest rates at a historic low of 0.1%. Which in itself is ridiculous but now they are stopping that due to a successful economy and rising inflation. The inevitable knock on effect from this will be rising interest rates, so people will be going from paying .1% to potentially 3.5%. lol. That's upwards of a grand a month in Aussie monopoly money. That's going to catch out a lot of people who had no business borrowing in the first place and my hope is it is the catalyst in finally bursting one of the largest housing bubbles in the world. A lot of people will go through a lot of pain but I guess it'll be the recession we had to have 2.0 To be brutally honest though I do hope that happens and the arse falls out of the market as we are actively researching the Aussie housing market for our move back, it'd be real nice to be able to buy in cash and have no mortgage but the more I look into it the more terrified I get as the plan is to kind of go off grid and be as self sustainable as possible. Which to be fair is a reaction to insulate ourselves from all this shit in the first place. |
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スコットランド
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Post by スコットランド on Feb 1, 2022 14:33:38 GMT
Another fine example of capitalism in action. www.abc.net.au/news/2022-02-01/reserve-bank-bond-buying-program-interest-rates/100795814Again from Australia but this type of nonsense is institutionalised the world over. The short of it is the Reserve Bank have spent 350 billion on buying Federal Reserve bonds in an effort to keep interest rates at a historic low of 0.1%. Which in itself is ridiculous but now they are stopping that due to a successful economy and rising inflation. The inevitable knock on effect from this will be rising interest rates, so people will be going from paying .1% to potentially 3.5%. lol. That's upwards of a grand a month in Aussie monopoly money. That's going to catch out a lot of people who had no business borrowing in the first place and my hope is it is the catalyst in finally bursting one of the largest housing bubbles in the world. A lot of people will go through a lot of pain but I guess it'll be the recession we had to have 2.0 To be brutally honest though I do hope that happens and the arse falls out of the market as we are actively researching the Aussie housing market for our move back, it'd be real nice to be able to buy in cash and have no mortgage but the more I look into it the more terrified I get as the plan is to kind of go off grid and be as self sustainable as possible. Which to be fair is a reaction to insulate ourselves from all this shit in the first place. Where in Oz will you move to? You're in Spain just now, right? |
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H-alphaFox
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Post by H-alphaFox on Feb 1, 2022 14:54:50 GMT
Another fine example of capitalism in action. www.abc.net.au/news/2022-02-01/reserve-bank-bond-buying-program-interest-rates/100795814Again from Australia but this type of nonsense is institutionalised the world over. The short of it is the Reserve Bank have spent 350 billion on buying Federal Reserve bonds in an effort to keep interest rates at a historic low of 0.1%. Which in itself is ridiculous but now they are stopping that due to a successful economy and rising inflation. The inevitable knock on effect from this will be rising interest rates, so people will be going from paying .1% to potentially 3.5%. lol. That's upwards of a grand a month in Aussie monopoly money. That's going to catch out a lot of people who had no business borrowing in the first place and my hope is it is the catalyst in finally bursting one of the largest housing bubbles in the world. A lot of people will go through a lot of pain but I guess it'll be the recession we had to have 2.0 To be brutally honest though I do hope that happens and the arse falls out of the market as we are actively researching the Aussie housing market for our move back, it'd be real nice to be able to buy in cash and have no mortgage but the more I look into it the more terrified I get as the plan is to kind of go off grid and be as self sustainable as possible. Which to be fair is a reaction to insulate ourselves from all this shit in the first place. Where in Oz will you move to? You're in Spain just now, right? I'm in the middle of typing up another rant about that, lol. Well I'm from Adelaide and all my family live there so as far away from there as possible. I've grown quite accustomed to that distance between us but the reality of that is I don't even think we could afford Adelaide without taking a partial mortgage. We are looking mostly in rural Far North Qld as first preferences. Kangaroo Island is second but there is a noticeable winter so it'd need to be something special. We do look what's available everywhere though so wouldn't rule anything out but Qld leads the way. And yeah we are in Spain now so a lot depends on getting out as much as we can from here, it'd be a miracle if we got more than what we paid for the house here but if we break even and take our savings it converts nicely to AUD. Not really enough to buy outright in a city or suburbs. Go to the middle of nowhere and you can buy a house with land the size of a small European principality, so that is kind of the idea. House, land and a total lifestyle change. |
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H-alphaFox
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Post by H-alphaFox on Feb 1, 2022 15:02:51 GMT
It's crazy to think half a million wont even get me the type of house I grew up in that was sold sub 200K 20 years ago.
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スコットランド
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Post by スコットランド on Feb 1, 2022 16:30:32 GMT
It's crazy to think half a million wont even get me the type of house I grew up in that was sold sub 200K 20 years ago. My brother lives not far from your neck of the woods, in Mount Barker. Yeah, he'd like to buy but would be 500k and I thought that Adelaide was cheaper than other big Aussie cities. |
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Post by Dougs on Feb 1, 2022 16:32:23 GMT
Friend of mine is moving into the sticks 3.5hrs outside Sydney just to be able to afford a place.
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Post by Immaterial on Feb 1, 2022 16:53:17 GMT
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H-alphaFox
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Post by H-alphaFox on Feb 1, 2022 16:53:34 GMT
It's crazy to think half a million wont even get me the type of house I grew up in that was sold sub 200K 20 years ago. My brother lives not far from your neck of the woods, in Mount Barker. Yeah, he'd like to buy but would be 500k and I thought that Adelaide was cheaper than other big Aussie cities. Mt Barker is nice so yeah that is about right these days. And Adelaide it is one of the cheapest but still average price is up over 500 now. Crazy. You don't have to go too far out to find more affordable but not too far out is still a few hours drive so then you need to find out how to earn an income. |
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Post by Deleted on Feb 1, 2022 16:57:45 GMT
Is NZ an option? It's meant to be a bit cheaper than Oz, isn't it? Plus don't the two countries have agreements that citizens of either country can freely work in the other?
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スコットランド
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Post by スコットランド on Feb 1, 2022 16:57:57 GMT
My brother lives not far from your neck of the woods, in Mount Barker. Yeah, he'd like to buy but would be 500k and I thought that Adelaide was cheaper than other big Aussie cities. Mt Barker is nice so yeah that is about right these days. And Adelaide it is one of the cheapest but still average price is up over 500 now. Crazy. You don't have to go too far out to find more affordable but not too far out is still a few hours drive so then you need to find out how to earn an income. Same in so many places, doubt I'll ever buy a place unless there's a proper crash. |
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Post by スコットランド on Feb 1, 2022 16:58:28 GMT
Is NZ an option? It's meant to be a bit cheaper than Oz, isn't it? Plus don't the two countries have agreements that citizens of either country can freely work in the other? They only have one vowel, depends if you can live with that. |
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H-alphaFox
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Post by H-alphaFox on Feb 1, 2022 17:04:42 GMT
Friend of mine is moving into the sticks 3.5hrs outside Sydney just to be able to afford a place. Sydney is ouch money so I totally get that. propertyupdate.com.au/the-latest-median-property-prices-in-australias-major-cities/But to me it's likely worth it if for nothing else than starting a Yowie hunting business. Our idea is to become as self reliant as possible so the property has to offer something to us. Not just a house to live but a property to work. |
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Post by H-alphaFox on Feb 1, 2022 17:07:51 GMT
They do speak funny, that'd drive me bonkers after 5 minutes.
Plus it gets cold there too, looks lovely though but to me the kids need to be in at least the same country as their grand parents.
Tassie looks nice too but again, cold.
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スコットランド
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Post by スコットランド on Feb 1, 2022 17:09:12 GMT
Friend of mine is moving into the sticks 3.5hrs outside Sydney just to be able to afford a place. Sydney is ouch money so I totally get that. propertyupdate.com.au/the-latest-median-property-prices-in-australias-major-cities/But to me it's likely worth it if for nothing else than starting a Yowie hunting business. Our idea is to become as self reliant as possible so the property has to offer something to us. Not just a house to live but a property to work. What's yowie? Could you explain what a unit is? I've never understood... |
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H-alphaFox
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Post by H-alphaFox on Feb 1, 2022 17:12:01 GMT
Me, I'm a total unit.
It's I suppose what you'd call a flat or an apartment in a larger residential building.
Yowie is basically an Aussie bigfoot.
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スコットランド
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Post by スコットランド on Feb 1, 2022 17:16:25 GMT
Me, I'm a total unit. It's I suppose what you'd call a flat or an apartment in a larger residential building. Yowie is basically an Aussie bigfoot. So a unit is what the yanks would call a condo? Yowis is like a big Ute then (Check me, I know the lingo). |
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Post by H-alphaFox on Feb 1, 2022 17:28:58 GMT
Not sure, I always thought a condo was something on the top floor but it could be.
And Utes, ahh what a truly pointless and overpowered vehicle. They are cool though.
But I meant the hairy fellows who live in the bush.
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Post by anephric on Feb 1, 2022 17:30:04 GMT
I thought New Zealand was supposed to have some of the least affordable, shittest quality housing in the developed world?
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Post by スコットランド on Feb 1, 2022 17:51:19 GMT
Not sure, I always thought a condo was something on the top floor but it could be. And Utes, ahh what a truly pointless and overpowered vehicle. They are cool though. But I meant the hairy fellows who live in the bush. Aha... |
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Post by Deleted on Feb 1, 2022 17:51:49 GMT
We have units in the states as well, and they're basically house-sized buildings that are subdivided into multiple err, units. Apartments I guess but rather than being a large building with the purpose of tackling overpopulation, it's a smaller building to tackle ever rising real estate prices.
We also had utes here at some point but we dropped them ages ago. I remember my uncle had one when I was a kid, but I just called it a small pickup because I was like 5 and didn't know any better. We probably didn't call them utes though because that seems like a typical Aussie whimsical word shortening, like brekkies and arvo.
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Post by Sarfrin on Feb 1, 2022 18:32:06 GMT
I wondered which local Tory wanker it would be. You could elect a turd in a stick with a blue rosette on it round here. |
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Post by Danno on Feb 1, 2022 18:40:52 GMT
I wondered which local Tory wanker it would be. You could elect a turd in a stick with a blue rosette on it round here. His comments are really quite something. He clearly hasn't ever run a constituency surgery, if he has he's turned up with infections in both ears after having his frontal lobe removed. Fucking cunt. Meanwhile the national press seize any chance to have a pop at the 'lived it' MPs like Jess Phillips or Raynor |
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Post by Sarfrin on Feb 1, 2022 19:10:17 GMT
His comments are really quite something. He clearly hasn't ever run a constituency surgery, if he has he's turned up with infections in both ears after having his frontal lobe removed. Fucking cunt. Meanwhile the national press seize any chance to have a pop at the 'lived it' MPs like Jess Phillips or Raynor Large parts of Poole are pretty deprived so I imagine his constituents in Sandbanks get more of his attention. |
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Post by Danno on Feb 1, 2022 19:20:14 GMT
His comments are really quite something. He clearly hasn't ever run a constituency surgery, if he has he's turned up with infections in both ears after having his frontal lobe removed. Fucking cunt. Meanwhile the national press seize any chance to have a pop at the 'lived it' MPs like Jess Phillips or Raynor Large parts of Poole are pretty deprived so I imagine his constituents in Sandbanks get more of his attention. Yeah I lived there a bit when I was very young, and my main memories of the place are concrete and the bridge into town. And then concrete |
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Post by Sarfrin on Feb 1, 2022 19:24:43 GMT
There's also violence when you get older.
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Post by GigaChad Sigma. on Feb 1, 2022 20:46:39 GMT
I'd say the NZ housing market is probably worse than Australia.
The average house price is now over a million dollars which is about £490 - £500,000.
And if you wanted to live in Auckland or Wellington your probably looking at $1.5m for a nice place.
It's absolutely absurd.
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Post by Danno on Feb 1, 2022 21:23:22 GMT
There's also violence when you get older. We moved back to Pompey. Violence wasn't something we lacked. |
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H-alphaFox
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Post by H-alphaFox on Feb 2, 2022 10:05:59 GMT
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Post by clemfandango on Feb 2, 2022 10:09:42 GMT
I'd say the NZ housing market is probably worse than Australia. The average house price is now over a million dollars which is about £490 - £500,000. And if you wanted to live in Auckland or Wellington your probably looking at $1.5m for a nice place. It's absolutely absurd. Don't you earn a lot more in NZ though? Like 3 x times the wage compared to UK. i.e. a policeman on £35K in the UK would be on $105K in NZ? |
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