Jacko

^ Totally agreed. No matter which way you lean, the current political faces are vapid muppets. In other news, by chance drove past a place today by fluke, that by chance an agent was at. Deceased estate, another failed auction, nice area, massive garage(s)! and a big sections. Late 80s hardiplank/brick but high end of that style... building inspection is all thats standing in the way. Fingers crossed there are no gremlins hiding.

Its a very cool place, went on a tour there a few years ago, look on my face was the same When we were there it was all very much in the wind down phase though, so had an eeiry "the best that humanity has ever done use to happen here... but now it doesnt" sad vibe.

The 70+ year old ones are some of the better ones from what weve been looking at, better built and often better maintained. Some of the 2000's (even post 06 leakyhomegate) are just rubbish and some wont be standing in 10 more years!

Was having a yarn with some mates last night, maybe part of the solution would be something akin to WOF's for all houses for sale. Licensed building inspectors (not the rort that exists at the moment) who are legally required to inspect any house prior to it being listed. It could be given the equivalent of a japanese auction rating for its condition, or like the UK has with repaired vehicles, likely with some sort of scalar that takes into account age/construction etc. The inspector would also take into account compliance/title issues and make them very clearly part of the report. Something that steps over the estate agents nonsense, and either forces the owners to fix problems prior to sale, or to bring back to reality some of their expectations. It'd stop the market having so many problem houses listed, and would likely de-skew some of the pricing. For example a leaky building would be a "D" and the market would take that into account, where as a decent place with a higher grade would command more money.

Totally agree, it is possible if you have realistic expectations. Milking kiwisaver for all its worth and then being prepared to live in a cheap house in a cheap suburb for a few years. Its totally doable (thats what we did). This was in the herald a few weeks ago, its a BNZ ad... (for those that think the aussie banks are scum...). Advertising to first home buyers to get a million dollar mortgage

No offence taken at all, good discussion. I dont think people should sell at my price, however they should probably sell at the market price if they want to sell To be clear, we arent low balling /tyre kicking the market, we just dont want a damp dump for the price of 8 new M2 competitions No hurry to sell is the issue, they are, thats the problem, and likely wont drop below the crazy numbers in their heads due to what they paid as little as a year ago and now will leave in a worse financial position than where they started. Many (most?) of the places up in locations such as manukau heights are like this, and a bunch are leaky on top of that. Owners need quick sales, however likely cant pay their mortgage off at the price the market is prepared to pay for their properties.. Its been massively over inflated, and unless the economy suddenly manages to start paying more people 6 plus figures a year, its beyond unsustainable. Jacinda needs to pull finger!

Not waiting for a crash at all, its just market is totally stagnant, and many sellers still think they are riding the wave of a few years ago. The places that actually sell (at least in areas / price brackets we are looking) are selling below CV though, those that do go above are normally because the cv was probably on the "low" side to start with. In contrast, our "first home buyer" bracketed house we just sold went stupidly quickly for a decent return on capital value for what we paid. It was easy to sell. Attended an auction this evening, 12 odd potential buyers, 6 year old nice 5 bedroom place in a nice street, likeable/sellable place. RV was $1.1m. Auctioneer opened bidding, no one stood up, so placed a vendor bid at 900k, asked for 910k... and no one stood up. Waited a few minutes then came back with real estate agent saying they have just spoken to owner, reserve 1m, asked for 1.01m.... Nothing.

Problem is post last CV/RV valuations everyone has wickedly over inflated ideas of what their places are worth, so wont negotiate, so sh*t just sits on the market until they give up and rent it out or withdraw it

Currently they seem to be rolling with "Immaculately presented" which actual translates to : water running down behind the freshly bunnings paint soaked walls

Looked at 5 houses from trademe today, all circa 900k, all look nice in the ads, all in "nice" areas. Every single one was a mess of either unconsented additions, rotten roofs, leaks, bodge jobs. Its depressing...

Have been following Craig Lord, bit popularist and I havent seen any policies.. but he's an engineer and is pro-motorsport (and sanity) https://www.craiglord.nz/

Black sapphire metallic looks really good when its all shiny, lots of flecks. Mines covered in stone chips too.. Its a never ending game trying to solve it though.

The only thing Phils achieved is bumped up the price of house we just sold, as it was an actual real physical house for the same price as a kiwibuilt house Unfortunately, due to the above, now we have no house in 3 weeks, for wife, 3 year old, and 50 kg dog (and my business)

The rest of the car, thing is amazing.

/RANT People who do additions to their houses without council consent. People who build houses and dont get them surveyed and therefore dont get a title. People who build houses that leak. People who do the above and expect to sell them and make money on their "investments" Councils who dish out R.V with a random number generator x10 /ENDRANT Seriously, there is no housing crisis in Auckland. There are heaps of houses for sale, its just they're either a regulatory clusterfudge or people are wanting stupid amounts of money for them (as thats what happened in the past), or both. Councils are half the problem in both regards.

Wipers stopped working in all modes, restarted car and they are back working again. Im guessing relay, maybe motor? Anyone come across this one before, it doesnt appear to be well documented.

Hit up Tim at TTT Auto, ask for the supersecret special sauce AE101/111 suspension setup. It was something like dobi springs and kyb shocks, but its not the standard kit (wasnt expensive either). Is a mix match front and rear from memory. Works awesome. https://www.tttauto.co.nz/ Mine had AMAZING bump steer prior to changing it, it was like being able to do a Scandinavian flick.. but it did it all by itself

Michael Hill gearing up for the zombie apocalypse?

Awesome. BZ Tourings are heaps of fun ( and appreciating ), 20V 4AGEs are genuinely entertaining, engines to beat on I sold mine last year, just before I sold it I did the springs and shocks in a custom combo recommended by a mate, went from hilariously bad handling to genuinely impressive!

Thought exactly the same thing... B58 is a crate engine?

Other than that dent likely be cheap to fix too.

I paid $1100 for 4 235/35/19s RE003s a few months. Tonys Tyre Service.

RE003s, bang for buck winners.

Plenty of overvalued houses selling in Auckland for less than they were purchased for a year ago, all in the 900k+ bracket, whereas everything "first home buyer" friendly price range is still selling fast. I guess it depends greatly on what you buy and where to if property is actually an investment, spending 900k on E30s a few years ago wouldve have got a you a good return now