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Old 16-04-2007, 12:37 AM
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KiwiHopeful KiwiHopeful is offline
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It's funny. You could change the work 'Auckland' to Boston and 'Hamilton' to New Hamsphire and run the story in our paper.

People are taking advantage of the gains their property value has made, selling, and buying bigger up here. Of course, that has driven up property values in my area to the point that if we sold our house, we'd be hard-pressed to find an affordable 'move up.' If we hadn't bought 7 years ago, we certainly wouldn't be able to afford our house at its current value.

I'm hoping we don't find too much of a repeat in NZ, since here people are willing to drive an hour to commute to Boston, and anything within an hour from the city (and especially near the highway) is costs through the nose.
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