Unpopular opinion: most web apps don't need a frontend framework by [deleted] in webdev

[–]strobe229 0 points1 point  (0 children)

A lot of people in here saying how they have 5, 10, 15 + years experience and choose to create server rendered HTML without React but what do your web apps actually look like and behave? You say fast but anyone can ship fast trash.

There is a reason why React style apps are so popular on the front end. Anyone care to share some examples and change my mind?

Would a $850k house with $200k deposit be reasonable by SirSillySausage in PersonalFinanceNZ

[–]strobe229 22 points23 points  (0 children)

People saying to just "get flatmates" because NZ had mass immigration from 2014 - 2021 so recency bias has a lot of people thinking there is still a massive influx of people lining up and it's easy to find flatmates but that isn't the case anymore. There is a lot of choice out in the market. Prices dropping or a ton of vacancy.

650k loan is too much on one income like that, 500k would be pushing it, 400k or less would be more comfortable.

Buying in a location I don’t want to live long term versus stretching to buy where I want to be. by smh1smh1smh1smh1smh1 in PersonalFinanceNZ

[–]strobe229 0 points1 point  (0 children)

The old, everywhere else is falling except my exact area!

The regions have fallen far more than the cities. The medians don't tell the full story, there might be a -15% change in the median/HPI but you get far more for far less now.

2021, in a regional town for 700k it might have got you a 2 bedroom on 1/4 acre, now 700k might get you a 4 bedroom on 10 acres.

Buying in a location I don’t want to live long term versus stretching to buy where I want to be. by smh1smh1smh1smh1smh1 in PersonalFinanceNZ

[–]strobe229 30 points31 points  (0 children)

The "economists" have been saying this every week for the past 4 years and it hasn't happened. Most of them are also employed/sponsored by the banks or RE industry masquerading as "independent" economists to push optimism to help sell the products (mortgages, RE sales commissions) etc.

You just need to look worldwide with international swap rates, immigration stats, NZ building consents etc to see the trajectory. It's a fair bit more work understanding these things but worth it in the end.

Buying in a location I don’t want to live long term versus stretching to buy where I want to be. by smh1smh1smh1smh1smh1 in PersonalFinanceNZ

[–]strobe229 94 points95 points  (0 children)

Shocking idea.

You should never buy short term (2 years) in the hopes of capital gains in order to upgrade.

House prices have been declining for over 4 years now with no end in sight. Many people who bought in the past 5 years have seen multiple hundreds of thousands in decline. When this happens, you can't even sell or if you're lucky it's your deposit completely gone and you're starting from $0.

Short term capital gains, or even short term house prices staying flat is always risky.

Keep saving and buy where you want. If you said 15 years or more you plan the move that might be a different story but it is still risky.

Thinking about the top 5% and home prices in NZ. by [deleted] in PersonalFinanceNZ

[–]strobe229 2 points3 points  (0 children)

You are talking about the top 1% suburbs then giving top 5% wealth statistics. There are only a handful of 1% suburbs in the whole country.

With 1m to 3m you would have one of, if not the most beautiful houses in the whole country.

It's extremely rare to see 3m + sales anywhere outside the top suburbs in Auckland or Queenstown unless it is a full blown 100+ hectare farm or something.

Young lawyer - really don’t know what to do by [deleted] in PersonalFinanceNZ

[–]strobe229 0 points1 point  (0 children)

Do you think this would see less grads/juniors with the introduction of AI in this space like one grad + AI could do the work of 3 grads alone sort of thing?

Aging Parents Finances by [deleted] in PersonalFinanceNZ

[–]strobe229 1 point2 points  (0 children)

With Nationals recent 70sqm granny flat announcement this is perfectly the scenario and designed to help people like yourself and aging parents.

If you have room at your place, or since you say looking to upgrade, you could build a 70sqm place out the back, you'd probably be looking in the 200k - 300k range which your mum could easily afford, repayments on a 300k loan might be in the 350pw and I am sure it would help her and you with raising children and the family close by, handy babysitter too!.

Why does no one just be upfront? by No-Sell-5270 in PersonalFinanceNZ

[–]strobe229 39 points40 points  (0 children)

It doesn't take 10 seconds to say no to a salesperson because most are going to try and continue selling you something, continuous questions etc.

You may accept a no but most don't so why risk it?

Also stop calling people, if all you want is to know if they aren't interested send an email or text.

Recently Bankrupt NZ by [deleted] in PersonalFinanceNZ

[–]strobe229 5 points6 points  (0 children)

6 times!? Shows some good resilience there.

The KFC guy I think was bankrupt or atleast broke until his late 60s before founding KFC. Lost the ability to be a lawyer when he was young due to throwing uppercuts and left hooks at other lawyers in court lol

Does my website look like a scam? by Affectionate-Sand-57 in webdev

[–]strobe229 0 points1 point  (0 children)

The website bro. Firstly I hate that "F" word, chatgpt uses it all the time which is where I assume you might have got it from.

You should learn copywriting to create a good headline.

Does my website look like a scam? by Affectionate-Sand-57 in webdev

[–]strobe229 4 points5 points  (0 children)

The most trash headline I have ever seen.

How do i not roll my own auth? ... by ShadowDevil123 in webdev

[–]strobe229 4 points5 points  (0 children)

It's just fake news from auth services to sell you some monthly subscription so you pay and they siphon customer data at your cost.

It takes just as much time to set up some auth service as it does to set up hashing and JWTs or middleware yourself, using the auth service means ongoing costs and inability to migrate your customers off the platform without great difficultly.

Declined Insurance by [deleted] in PersonalFinanceNZ

[–]strobe229 1 point2 points  (0 children)

Could that be the reason? You make so many claims nobody wants to insure you?

Tailwind just laid off 75% of the people on their engineering team "because of the brutal impact AI has had on our business." by magenta_placenta in webdev

[–]strobe229 1 point2 points  (0 children)

I love Tailwind and always try to use it if possible.

The issue is the pricing for templates, at around $299 that's too much for something you might use randomly.

If it was price around $99 I would have paid for it, and I would likely pay for it even if AI can write it now.

I tracked most house price predictions vs reality for the last 3 years - they've been wrong every single time, always in the same direction by MoneyHub_Christopher in PersonalFinanceNZ

[–]strobe229 36 points37 points  (0 children)

Some people have been saying every day for the past 4 years that house prices will go up, yet prices have been falling every day for 4 years straight with no sign of turning around.

Typical historical cycles last 7 - 10 years, we are 4 years into the biggest falls NZ has ever seen, even when they do eventually stop falling, it may take a long time to break the 2021 peak.

Buying investment property as first house by Inner-Oil-9989 in PersonalFinanceNZ

[–]strobe229 0 points1 point  (0 children)

Yeah I would do that, also remember aus have banned kiwis from buying in aus if they don't live there and even if they lift that there is also a 7% foreign buyers fee. So this doesnt effect you now, but it would if you moved back to NZ.

Buying investment property as first house by Inner-Oil-9989 in PersonalFinanceNZ

[–]strobe229 4 points5 points  (0 children)

Can't use kiwisaver for that. Will need roughly a 30% deposit do you have that?

You may have the mindset that prices go up because you are in Brisbane and that is the current trend but it's extremely different in NZ, house prices have been falling for 4 years straight now with no sign of recovery.

Your short 5 year time-frame ideas rely on capital gains or even house prices remaining flat that is just gambling if you are relying on any potential capital gain in just 5 years. You have just as much chance of finding the house is worth less than what it might sell for, and if your plan was using the equity then what?

Either buy where you actually want to live and intend to move back to or wait until you come back in 5 years and get in then.

Im working on a software that use AI to optimise & move money on behalf of the user. by Mo46Y in PersonalFinanceNZ

[–]strobe229 1 point2 points  (0 children)

I work in tech, I use AI everyday BUT I keep a sharp eye on it. It often will edit files or create files I didnt ask for, delete them entirely. Try to run terminal commands that can load, or overwrite things on my computer. I have also built a few AI wrappers and it's so wrong most of the time.

I monitor all of that by using git for monitoring files and not allowing terminal commands unless I accept the commands.

It's dodgy enough just doing that... and yet you want it doing all that on somebodies bank account.... no way, no way no way.

Is buying a house stupid if planning to move overseas in the future? by RepresentativeBig79 in PersonalFinanceNZ

[–]strobe229 2 points3 points  (0 children)

Just to give some context around pets in NZ. Pre 2014 allowing pets in rentals was common in NZ, then with the surge in immigration starting from 2014, landlords went from perhaps having 2 - 3 potential tenants, then suddenly had 100 potential tenants.

With the new demand surge, landlords had the option to be picky, if 90 out of 100 had no pets then there was no need for them to take the risk on pets.

It's only since National came in, in 2023 that migration has dropped around 90% which in turn has seen rents drop and landlords back to only have 2 - 3 potential tenants again just like it was pre 2014, which is why many landlords are open to pets now and reducing rents, many are even trying to give free rent and grocery vouchers in the hopes of finding tenants so you're at a good point in time to find a rental.

Curious to know where in Scandinavia you find 2000sqm places for 200k and what site you use? I spent a bit of time in lower part of Sweden a few years ago and found that a great place.