SD R, I considered NZ a few years back. (I honestly can’t remember when, but it might have been around 2000). I looked, and even picked out where I wanted to live, and looked at a few homes for sale. Felt pretty good, and put it aside for a year as I focused on work. Looked again a year later, and discovered prices had shot up. Kept going. I honestly don’t know which bubble was bigger – NZ/AUS or SoCal.
I think we just have to let some more air go out of this global bubble. It will take a while in many places, because of the governments, but eventually more air will come out. I would look for an inflation hedge, though.
