New Zealand to ban foreigners from buying existing houses

Re:New Zealand to ban foreigners from buying existing houses by HumanDrivenDev on Friday October 27, 2017 @02:07AM (#15566086)

Salaries didn't seem much higher when I was looking - I found a job in provincial NZ for the same salary inner city melbourn jobs seemed to be offering. How many years experience before you break 100k AUD in Melbourne? And where's the ceiling in terms of non management position?

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Re:New Zealand to ban foreigners from buying existing houses by elyobo on Friday October 27, 2017 @05:26AM (#15566861)

I have no idea about entry level rates, but I wouldn't think it would take many years to break 100k in IT. I know many non-management people making well over 100k/year.

The cost of living calculator they put up[1] suggested that I'd be losing money as a single income earner for my wife and daughter in Auckland, while I can support them here and bank literally 1000s on top of my living costs and mortgage here.

I don't know exactly what I'd get in Auckland though, I assume it's estimates are middle of the range, so it's not quite a fair comparison but the general picture fits; in general living costs in NZ are a bit lower (excluding Auckland housing, which is more expensive than anywhere in AU except for Sydney) and the median salary is _far_ lower.

Also, preferences may differ, but I grew up in rural NZ and inner Melbourne is a much more interesting place to live as an adult; the country was pretty fun as a kid though.

[1] https://www.newzealandnow.govt.nz/living-in-nz/money-tax/com...

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Re:New Zealand to ban foreigners from buying existing houses by _kyran on Friday October 27, 2017 @11:16AM (#15569192)

From who I've spoken to, depending on the company entry level is between 50k and 80k for a junior level software engineering role.

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Re:New Zealand to ban foreigners from buying existing houses by elyobo on Friday October 27, 2017 @06:00PM (#15572558)

That sounds about right. I can't imagine many on 50k, unless you're entering the role with no qualifications and no experience at all.

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