by I flew off the handle yesterday when Dad suggested I max myself out by buying a place in the UK. Spend that much?! I don’t want to go back there again. Real estate is a sore point for me, and it doesn’t help that my parents have four properties and might be buying a fifth. I’m perfectly fine with the idea of buying a home – I’d like to have my own place in Timișoara – but the property market itself leaves me stone cold. My own experiences don’t help here. When I bought my flat in Wellington, people asked me if I was excited. What sort of question is that? I’ve just spent a ton of money, most of which I don’t have, and to pay off all that debt I’m using the income from my job which I probably won’t have in a few months either. (As it turned out, I didn’t have it in a few weeks. My salary almost halved at that point. Then a few months later my apartment block was basically condemned. Plus I was suffering from depression. All very exciting, right? Like riding the crest of a high and beautiful bloody wave.) No, buying that place felt like an obligation and nothing more. Done, ticked the box, phew. I was happy to oblige because I thought it would be the best move for me financially, even if paying off the mortgage might soon become a challenge. Renting it out was a good move certainly – my rental income in the last four years has helped me take giant hunks out of my mortgage – and to escape with the sort of money that can buy me something is a better result that I dared to imagine, but it’s perhaps understandable that I’m hesitant about diving straight back in.
But it’s not just that. To give yourself the best chance of avoiding poverty in New Zealand (or Australia or the UK, for that matter), you need to get on the property ladder. That’s becoming a harder proposition all the time, mainly because both Labour and National governments have done nothing to change the insane tax legislation that makes property investment more attractive than other (productive!) forms. Immigration policy and lack of cheaper housing haven’t helped either. As time goes on, you’re forced to enter the market later (unless you have wealthy parents), mortgage yourself even further beyond your eyeballs, and the profits you make will shrink as you spend less time in the market. But you still have to do it. It’s reality, but a very shitty reality. It beats me why anyone would be excited about any of that.
When I went anywhere with my parents in New Zealand, they always took detours to look at houses. If we happened to be in a town centre, they’d be peering in through real estate agent windows. It drove me nuts. And they were pretty low on the scale compared to others. They didn’t attend open homes as a hobby, for instance. As for my aunt who would come round and gossip about what places in Geraldine had sold and for how much – seven sodding sixty for whatever place up on the Downs – I’d just about lose it. Yes, always up on the Downs.
What a tennis match I got involved in yesterday. Singles. I hadn’t done that for ages. My opponent was 58 and super-fit. Much fitter than me. He plays other sports like football and possibly handball and volleyball too. I started well, moving out to a 4-1 lead. He won the next two games but I then served for the set at 5-3 and had two set points at 40-15. They came and went, and it was soon 5-5. His unforced errors were a big help to me as I got my nose in front again, and then came the 12th game. A ridiculous game. Lobs that he was able to retrieve, somehow. A gut-buster of a rally on my third set point that I lost. I was gasping for air after that. He had five chances to force a tie-break. On my fourth set point we had another crazy rally, and eventually he hit wide. After escaping with the set I was buoyed and he had a slight let-down. I led 3-0 in the second set. But then he came roaring back. I was up 4-2, but he levelled at 4-4, after I’d had points to win both those games. I then led 5-4 and 0-30 on his serve, and had a match point. I couldn’t put him away. He held on and broke me easily in game 11. Then we ran out of time; we’d booked the court for 90 minutes. He was an extremely tricky customer. Controlled aggression throughout, and solid on both sides. I needed to take big risks to hit winners against him. I hit uncharacteristic unforced errors which dented my confidence, and meant I got bogged down. My biggest failing was an inability to take the ball earlier; I felt I was giving him too much time. But his fitness, at his age, was remarkable, and it made me think I need to do something. Buying a better bike would be a start.
St Andrew’s Day (30th November), Romania’s national day (1st December) and Moș Nicolae (St Nicholas Day, yesterday) have gone by without a whimper. No market stalls outside. No slănină or mămăligă or mulled wine. None of those inescapable smells. It’s all very weird. Soon I’ll be having my third Christmas alone in five years, so that won’t feel weird at all.
