Originally Posted by
Familyofmonkeys
Mind you...newer immigrants will often be hit by the hugely inflated housing market in the same way that first time buyer will be (although probably to a lesser degree with capital brought over) while people who have been settled in an area for a few years are likely to have a significantly lower morgage and therefore need less money to live.
Good point well put
On my very limited experience though, I have to say that although we are skrimping a bit at the moment with just me working and having to lay out for big things like bonds and a car etc, as soon as Matt gets a job we'll, relatively speaking, be laughing compared to the uk
I think it mostly as to do with us not feeling the pressure to have all the newest stuff and being completely new to the country no-one expects us to be in a big posh house with all the best of eveything. I can't believe how generous my work colleagues are being. I've had so many requests to take unwanted stuff like heaters and furniture etc and I'm not too proud to accept them
Could you live on 110K in NZ?
I think the part of the problem to people who think they "can't" cope with 70K or 90K is they either still stuck to or want to keep their UK's lifestyles and not prepare to change or find hard to change their lifestyles to fit in with kiwis' cost of living. Moorf has proved that their neighbours can cope under $50K because they never lived in UK (Is I am right, Helen?) to experiences with "need keep up with Jones" attitudes or got to have this, got have that etc. I found it best for me, "do I really need it?" when I go to shopping.
