Thread: Component shortage

But with houses, buyers are expecting prices to keep increasing in the future, so it’s also a case of “if I don’t buy now I’ll have to pay more later” or “I’ll make money from buying now and selling later”.
Which are also possibilities with 6.5mm projectiles, but much less likely!

Originally Posted by Cigar

But with houses, buyers are expecting prices to keep increasing in the future, so it’s also a case of “if I don’t buy now I’ll have to pay more later” or “I’ll make money from buying now and selling later”.
Which are also possibilities with 6.5mm projectiles, but much less likely!

Thats about to change big time......lets hope we dont see a lot of new home owners in negative equity in the near future .

Originally Posted by veitnamcam

Thats about to change big time......lets hope we dont see a lot of new home owners in negative equity in the near future .

how so??? what dramatic price crash is your crystal ball showing????

Originally Posted by veitnamcam

Thats about to change big time......lets hope we dont see a lot of new home owners in negative equity in the near future .

I think you are correct, especially as NZ'ers seem to like operating their lives generally on credit rather than Pay as you go. A lot of people seem to have their house regularly revalued (always goes up ) so that they can further extend their borrowing to have all the finer things in life.

When that is combined with people mortgaging themselves right up the WaZoo just to get a place then doing the above every few years its a reciepe for a hard fall later when eventually the Piper needs repayment.
My folks taught me the only thing you borrow for is the house so I amrather "old school". I get a lot of shit from mates cause I won't buy anything unless I can pay cash in full and upfront. While it has bitten me badly once doing this (and you know who you are!!) at least I sleep every night with out worrying about repayments and such.

Sadly I think if interest rates go up a few percent when combined with cost of living and Covid, the end results on peoples lives/lifestyles are going to smart a bit for a while

Originally Posted by mikee

I think you are correct, especially as NZ'ers seem to like operating their lives generally on credit rather than Pay as you go. A lot of people seem to have their house regularly revalued (always goes up ) so that they can further extend their borrowing to have all the finer things in life.

When that is combined with people mortgaging themselves right up the WaZoo just to get a place then doing the above every few years its a reciepe for a hard fall later when eventually the Piper needs repayment.
My folks taught me the only thing you borrow for is the house so I amrather "old school". I get a lot of shit from mates cause I won't buy anything unless I can pay cash in full and upfront. While it has bitten me badly once doing this (and you know who you are!!) at least I sleep every night with out worrying about repayments and such.

Sadly I think if interest rates go up a few percent when combined with cost of living and Covid, the end results on peoples lives/lifestyles are going to smart a bit for a while

No treats for the beloved kuri. Sad. LOL. Unfortunately many NZ'ers are going to find out about real world maths. USA'S biggest rebuy company has folded that operation because the economics no longer stack up.

Originally Posted by TeRei

No treats for the beloved kuri. Sad. LOL. Unfortunately many NZ'ers are going to find out about real world maths. USA'S biggest rebuy company has folded that operation because the economics no longer stack up.

The pooches get plenty of treats, live inside and well exercised Have you seen the price of good dog food, gone up with a wallop lately!

I stocked up before the "great component famine " and have enough to last maybe 12 months at current consumption (or rest of my life if only used for hunting) and more on order to replenish

Originally Posted by mikee

The pooches get plenty of treats, live inside and well exercised Have you seen the price of good dog food, gone up with a wallop lately!

I stocked up before the "great component famine " and have enough to last maybe 12 months at current consumption (or rest of my life if only used for hunting) and more on order to replenish

Go into K9 Products in Whakatu Hastings and see the massive extensive range of products they sell for dog tucker. Amazing. Been slaying hares. Skin following day . Freezer for week and cut in1/2 for each dog. They love it.