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RE: Housing Bubble? The Housing Market Has Fallen Off a cliff.

in #house • 6 years ago (edited)

Here in Wellington NZ, the houses are still "worth" around $1 million a pop, but holy crap it's getting colder fast.

The fact that the glaciers are growing rapidly in NZ is very well covered up!

Fox Glacier New Zealand – 2007

Fox Glacier New Zealand – 2014

6 years ago in #house by
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     6 years ago 

    Wow, that glacier change is pretty crazy! It will be interesting to see how climate change impacts economies, life and even real estate as heating a home will likely increase with demand going higher based on need.

    Glad I do rental properties, thats about the only positive in builder's post.

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     6 years ago 

    I really should do more positive posts...

    ummm, well, energy efficient house building will be on the rise!

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       6 years ago 

      Well it's good for the ski season!

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         6 years ago 

        So, the fluffy white sheep, of NZ, we all hear about is to camouflage the "fluffy" white glaciers?

        hmmmmm >_>