Silliest column on Housing Affordability since Bernard Hickey turned on his computer.
This trend got me thinking about what our New Zealand dollars could buy overseas. Our dollar is holding its own against the greenback and euro.
I nearly spluttered over my keyboard when I searched the website of France-based immobiliers (that’s French for real estate agents) Maxwell Storrie Baynes. OnÂ maxwellstorriebaynes.comÂ I saw my dream home, an architect-designed beauty built in 1974, with an asking price of â‚¬1,155,000 (this works out to be approximately $1.8 million at present exchange rates).
How is she to pay for the mortgage without a job while living there?