Originally Posted by
jagger
Really, immigrants from the third world moving to a country with some of the highest living costs in the world, and earning in most cases less than median wage (~25/hr) are able to save a deposit?
Honestly I'd love to see the stats on that because if it's just vibes then it's totally (TOTALLY) lacking in perspective of how hard it is living on a wage like that in NZ at the moment.
Most of these people will have next to no disposable income remaining at the end of a work week, especially if they live in Auckland.
Then what? You think they are able to save, let's be generous and assume 5% of $600k, $30,000 within 1-2 years?
Really? People really believe this happens?
Are we that brain damaged by our obscene real estate market?