At one time (as little as 10 years ago) living in New Zealand was very affordable.
Something has apparently changed. Housing prices have really gone up. Taxes are going up another 5%. Goods are ridiculously expensive here...a jacket here costs around $(NZ)300 where as in the states I could buy the same jacket for around $(US)100.
The exchange rate does not account for these price discrepancies.
Perhaps it's because of shipping costs?
But tell me this...
Why can I buy a New Zealand apple (grown just a few miles away) in Philadelphia cheaper (accounting for the exchange rate) than I can in New Zealand?
Wednesday, August 18, 2010
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