Crazy world house prices
by gentlelifehacks | Oct 28, 2021 | Home and Garden, Lifestyle, Opinion, Real Estate
Buying a home is not for the faint hearted in today’s market
During the Covid-19 pandemic there has been much said about the shocking increase in property prices around the world.
Take Brisbane, Australia for instance- the median house price in September 21 has hit a record of $702,455 and Sydney house prices have equated to approximately 30.4% of annual growth – the highest on record reaching $1,499,126
Read more here
In New Zealand, the average national house price hit $937 000 (according to Core Logic -a property analytics data company) and the Real Estate Institute of NZ shows there has been a 15.4 % increase in house prices to Sept 2021 ($795 000 compared with $689 000 in Sept 2020)
Read more statistics here
Distressed buyers
Many buyers seeking to get into the property market are naturally distressed at the high prices.
Properties that were advertised only a few years ago for $350 000 are now getting double that. Read more here
While some homeowners are rubbing their hands in delight with the increase in their home values, it certainly pays to be cautious, because if you sell your home for the profit, and decide to rent while you look around, you might be sadly worse off.
Prices rise and fall as per the supply and demand factors of the market.
Ultimately if you buy and sell in the same market, you gain on one but pay on the other so it evens out.
FOMO (The fear of missing out refers to the feeling or perception that others are having more fun, living better lives, or experiencing better things than you are)
While it would be wise to not buy in a hurry or with FOMO as a driving force, many of us are ignoring this due to lots more factors that drive the housing market.
Employment opportunities within countries that are suffering labour shortages due to rolling lockdowns and border closures also play a role in the housing market.
The people who have over extended themselves are then forced to sell.
Property prices then come down as homes flood the market.
Let’s hope that this does not happen, because logically, you would think the housing market cannot continue rising at the rate that it has during the pandemic.
“You cannot logic your way through emotion” and people need a roof over their heads, so it might get to be a really expensive roof in years to come!
©2021 e-propertymatters.com|women-in-realestate.com|gentlelifehacks.com|Author|Kathryn
“Health-full” honey bees
by gentlelifehacks | 13/07/2021 | Healthy living, Home and Garden, Lifestyle, uncategorised | 0 Comments
7 Cancer Myths
by gentlelifehacks | 06/08/2021 | caregiving, Healthy living, Lifestyle, uncategorised | 0 Comments
A dog in sheep’s clothing
by gentlelifehacks | 18/06/2021 | Lifestyle, Opinion, Real Estate | 0 Comments
Air fryer health benefits
by gentlelifehacks | 28/10/2021 | Handy hints, Healthy living, Home and Garden, Lifestyle, Opinion | 0 Comments
Apple Cider Vinegar’s Mum
by gentlelifehacks | 30/06/2021 | Healthy living, Home and Garden, Lifehacks, Lifestyle | 0 Comments
Are we teens addicted to gaming?
by gentlelifehacks | 17/08/2023 | Healthy living, Lifestyle, Maddie's Blogs | 0 Comments
Can you hear me?
by gentlelifehacks | 18/09/2024 | caregiving, Coping skills, Good values, Healthy living | 0 Comments
Understanding Dementia
by gentlelifehacks | 19/02/2024 | caregiving, Coping skills, Healthy living, Lifestyle | 0 Comments
Bad sugar
by gentlelifehacks | 16/02/2024 | Handy hints, Healthy living, Home and Garden, Lifestyle | 0 Comments
More rainbows please
by gentlelifehacks | 16/02/2024 | Life Stories, Lifestyle | 0 Comments
Create a “laugh alot” garden for kids
by gentlelifehacks | 16/02/2024 | Handy hints, Healthy living, Home and Garden, Kid's corner, Lifestyle, Real Estate, uncategorised | 0 Comments
Virus or bacterial infection?
by gentlelifehacks | 02/02/2024 | caregiving, Healthy living, Lifestyle | 0 Comments
Mangoes are the fruit of eternal love
by gentlelifehacks | 02/11/2023 | Handy hints, Healthy living, Home and Garden, Lifehacks, Lifestyle | 0 Comments
Is Hashimotos Thyroiditis incurable?
by gentlelifehacks | 29/09/2023 | caregiving, Coping skills, Healthy living, Lifestyle | 0 Comments
Bounce back from illness
by gentlelifehacks | 25/09/2023 | Handy hints, Healthy living, Home and Garden, Lifestyle | 0 Comments
Herbs and health benefits
by gentlelifehacks | 18/09/2023 | caregiving, Healthy living, Home and Garden, Lifestyle | 0 Comments
Be positive and hold on tight!
by gentlelifehacks | 17/09/2023 | caregiving, Healthy living, Home and Garden, Lifehacks, Lifestyle, Opinion | 0 Comments
Eating right as a teenager
by gentlelifehacks | 17/08/2023 | Handy hints, Healthy living, Kid's corner, Lifestyle, Maddie's Blogs | 0 Comments
Teenagers who are stressed and anxious
by gentlelifehacks | 13/08/2023 | Coping skills, Kid's corner, Lifestyle, Maddie's Blogs | 0 Comments
Avoiding acne as a teen
by gentlelifehacks | 12/04/2023 | Handy hints, Healthy living, Maddie's Blogs | 0 Comments
Business Lingo- Cars NOT Cows!
by gentlelifehacks | 04/01/2023 | Life Stories, Real Estate | 0 Comments
Asbestos hazard
by gentlelifehacks | 04/01/2023 | Healthy living, Home and Garden, Lifestyle, Real Estate | 0 Comments
Fighting to stay healthy
by gentlelifehacks | 29/11/2022 | caregiving, Coping skills, Handy hints, Healthy living, Lifehacks, Lifestyle | 0 Comments
Don’t make selling harder by over-pricing
by gentlelifehacks | 26/07/2022 | Home and Garden, Lifestyle, Real Estate | 0 Comments
Who’s your perfect match then?
by gentlelifehacks | 08/04/2022 | Lifestyle, uncategorised, Zodiac signs and more | 0 Comments
When the real estate market changes
by gentlelifehacks | 25/03/2022 | Home and Garden, Lifestyle, Real Estate | 0 Comments
Make your home a “healthy home”?
by gentlelifehacks | 18/03/2022 | Handy hints, Healthy living, Home and Garden, Lifestyle, Real Estate, uncategorised | 0 Comments
House too small now?
by gentlelifehacks | 02/02/2022 | Lifestyle, Real Estate | 0 Comments
When is the right time to sell?
by gentlelifehacks | 26/01/2022 | Home and Garden, Lifestyle, Opinion, Real Estate | 0 Comments
The things kids say!
by gentlelifehacks | 20/01/2022 | Life Stories, Lifestyle | 0 Comments
Elephants of Etosha
by gentlelifehacks | 09/12/2021 | Life Stories, Lifestyle | 0 Comments
Unusual visitors
by gentlelifehacks | 09/12/2021 | Healthy living, Life Stories, Lifestyle | 2 Comments
When will Covid end?
by gentlelifehacks | 07/12/2021 | Coping skills, Lifestyle, Opinion, uncategorised | 0 Comments
Turn bad news into good news
by gentlelifehacks | 12/11/2021 | caregiving, Coping skills, Healthy living, Lifehacks, Lifestyle, Opinion | 0 Comments
The Bad Landlord
by gentlelifehacks | 12/11/2021 | Healthy living, Home and Garden, Lifestyle, Real Estate | 0 Comments
Crazy world house prices
by gentlelifehacks | 28/10/2021 | Home and Garden, Lifestyle, Opinion, Real Estate | 0 Comments
Music soothes the soul
by gentlelifehacks | 27/10/2021 | caregiving, Healthy living, Lifehacks, Lifestyle, Maddie's Blogs | 0 Comments
Tips for a healthier home
by gentlelifehacks | 20/10/2021 | Handy hints, Healthy living, Home and Garden, Lifestyle, Real Estate | 0 Comments
Healing with food
by gentlelifehacks | 19/10/2021 | caregiving, Healthy living, Home and Garden, Lifehacks, Lifestyle | 0 Comments
Mindfulness – when the going gets tough
by gentlelifehacks | 18/10/2021 | caregiving, Healthy living, Lifehacks, Lifestyle | 0 Comments
The lonely bee hotel
by gentlelifehacks | 17/10/2021 | Handy hints, Healthy living, Home and Garden, Lifehacks, Lifestyle, Maddie's Children's Corner | 0 Comments
Fighting inflammation with Turmeric
by gentlelifehacks | 05/10/2021 | caregiving, Handy hints, Healthy living, Lifehacks, Lifestyle | 0 Comments
Why children love and need pets
by gentlelifehacks | 05/10/2021 | caregiving, Healthy living, Kid's corner, Lifehacks, Lifestyle, Maddie's Blogs, Maddie's Children's Corner | 2 Comments
Waste not…want not!
by gentlelifehacks | 04/10/2021 | caregiving, Handy hints, Healthy living, Home and Garden, Kid's corner, Lifehacks, Lifestyle, Maddie's Blogs, uncategorised | 0 Comments
Lock down fatigue
by gentlelifehacks | 30/09/2021 | Handy hints, Healthy living, Home and Garden, Lifehacks, Lifestyle | 0 Comments
Mask up and make a difference
by gentlelifehacks | 14/09/2021 | caregiving, Handy hints, Healthy living, Lifehacks, Lifestyle, Opinion, uncategorised | 0 Comments
The dark side of chocolate
by gentlelifehacks | 13/09/2021 | Handy hints, Healthy living, Kid's corner, Lifestyle, Maddie's Blogs | 0 Comments
Is stress making you gain weight?
by gentlelifehacks | 10/09/2021 | Handy hints, Healthy living, Lifehacks, Lifestyle, Opinion, uncategorised | 0 Comments
Can you cure Hypothyroidism?
by gentlelifehacks | 08/09/2021 | Handy hints, Healthy living, Lifehacks, Lifestyle | 0 Comments
So what’s your horoscope say today?
by gentlelifehacks | 07/09/2021 | Healthy living, Lifehacks, Lifestyle, Opinion, uncategorised | 0 Comments
Get on your bike!
by gentlelifehacks | 30/08/2021 | Healthy living, Home and Garden, Lifestyle | 0 Comments
Can Pets improve our mental health?
by gentlelifehacks | 30/08/2021 | Handy hints, Healthy living, Home and Garden, Kid's corner, Lifehacks, Lifestyle, uncategorised | 0 Comments
The less you own, the less owns you
by gentlelifehacks | 25/08/2021 | Handy hints, Healthy living, Home and Garden, Lifehacks, Lifestyle, uncategorised | 0 Comments
Try something different
by gentlelifehacks | 16/08/2021 | Handy hints, Healthy living, Home and Garden, Lifestyle | 0 Comments
Is Red wine good for you?
by gentlelifehacks | 13/08/2021 | Handy hints, Healthy living, Home and Garden, Lifestyle, Opinion, uncategorised | 0 Comments
Is Goat’s cheese better for you than cow’s cheese?
by gentlelifehacks | 09/08/2021 | Handy hints, Healthy living, Home and Garden, Lifestyle, uncategorised | 0 Comments
Good, bad or ugly?
by gentlelifehacks | 08/08/2021 | Handy hints, Healthy living, Home and Garden, Lifestyle, Real Estate, uncategorised | 0 Comments
Stressed & Angry?
by gentlelifehacks | 06/08/2021 | caregiving, Healthy living, Lifestyle | 0 Comments
Is coffee good for us?
by gentlelifehacks | 02/08/2021 | Healthy living, Home and Garden, Lifehacks, Lifestyle | 0 Comments
Kill unkindness with kindness
by gentlelifehacks | 23/07/2021 | caregiving, Healthy living, Lifehacks, Lifestyle, uncategorised | 0 Comments
Zoomers and creative writing
by gentlelifehacks | 23/07/2021 | Home and Garden, Kid's corner, Lifestyle, Maddie's Blogs, uncategorised | 0 Comments
Feeling like a sad bear?
by gentlelifehacks | 19/07/2021 | Healthy living, Home and Garden, Lifestyle, uncategorised | 0 Comments
Greens are good says Maddie
by gentlelifehacks | 18/07/2021 | Handy hints, Healthy living, Home and Garden, Kid's corner, Lifehacks, Lifestyle, Opinion, uncategorised | 1 Comment
Oranges to stay healthy
by gentlelifehacks | 17/07/2021 | Handy hints, Healthy living, Home and Garden, Lifehacks, Lifestyle | 0 Comments
Auto immune diseases
by gentlelifehacks | 11/07/2021 | Healthy living, Lifestyle, Opinion | 0 Comments
Baby Baby good for you?
by gentlelifehacks | 09/07/2021 | Handy hints, Healthy living, Lifehacks, Lifestyle | 2 Comments
Maddie’s raw egg shake
by gentlelifehacks | 06/07/2021 | Handy hints, Healthy living, Lifehacks, Lifestyle, uncategorised | 0 Comments
Home and income… really ?
by gentlelifehacks | 06/07/2021 | Home and Garden, Lifestyle, Opinion, Real Estate, uncategorised | 0 Comments
Befriend the little birds
by gentlelifehacks | 01/07/2021 | Handy hints, Home and Garden, Lifehacks, Lifestyle, uncategorised | 0 Comments
Mokopuna
by gentlelifehacks | 30/06/2021 | Lifestyle, Opinion, uncategorised | 0 Comments
A drawing by Maddie ( age 11)
Spirulina for smoothies
by gentlelifehacks | 29/06/2021 | Handy hints, Healthy living, Lifestyle, uncategorised | 0 Comments
Cancer and Bicarb of soda
by gentlelifehacks | 27/06/2021 | Handy hints, Healthy living, Lifehacks, Lifestyle | 1 Comment
Do you miss the world?
by gentlelifehacks | 27/06/2021 | Lifestyle, Opinion | 0 Comments
Lemons
by gentlelifehacks | 22/06/2021 | Handy hints, Healthy living, Home and Garden, Lifestyle | 0 Comments
Buyer’s remorse
by gentlelifehacks | 22/06/2021 | Home and Garden, Lifestyle, Opinion, Real Estate, uncategorised | 0 Comments
Smart gadgets
by gentlelifehacks | 18/06/2021 | Home and Garden, Lifestyle, Technology | 0 Comments
Messy house or hoarder?
by gentlelifehacks | 18/06/2021 | Handy hints, Lifestyle, Opinion | 0 Comments
Houses built from hemp
by gentlelifehacks | 18/06/2021 | Home and Garden, Lifestyle, Real Estate | 0 Comments
10 Simple Life Hacks to Stay Healthy and Active
by gentlelifehacks | 25/09/2024 | Health and Wellness | 0 Comments
10 warning signs to look out for when buying a house
by gentlelifehacks | 30/11/2021 | Handy hints, Home and Garden, Lifestyle, Real Estate, uncategorised | 0 Comments
A wise old donkey
by gentlelifehacks | 18/06/2021 | Lifehacks, Lifestyle, uncategorised | 0 Comments
Are you a hoarder?
by gentlelifehacks | 20/01/2023 | caregiving, Coping skills, Handy hints, Home and Garden, Lifestyle | 0 Comments