<dense-packed 3.5-star restaurants with USD 240 tab for 3 folks (w/ one glass of wine) - approaching HK prices, and also reporting record breaking home transactions>
Good grief! You can rent a nice house for US$240 per week in Auckland and our son bought a 3 bedroom snowboard tours house in Rangataua [by Mount Ruapehu] for US$18,000.
He's thinking of buying 'Harrods', which is right across the road, to set it up as a bar/nightclub. Needs renovation:
morgan.net.nz
Harrods is the superstore in London, owned by Egyptian Mohamed Al Fayed, whose son, Dodi Al Fayed, was squiring Princess Diana at the time of her death. Our son [aged 4] shook hands with Diana when she and Charles visited Tauranga in 1981 [he had no idea who the heck they were]. Harrods, amusingly, sued Harrods, [which was owned by a Mr Harrod actually who denied Trademark infringement, saying it was his name], over trademark infringement umpteen years ago! We used to go shopping in Harrods occasionally. It wasn't all that expensive and they had some good stuff in the supermarket - back in 1974, when the IRA was bombing places; there'd be a new bombed place each day I went to work. Ah, the good old days in the global village.
I guess that all means our $ is too cheap and will rise. I hope not just yet - I am not on board. The economy is booming along with unemployment now down to a 17 year low [of 5%, below USA and Japan for goodness sakes! Amazing.]
Mqurice
PS: Looks like a trademark infringement to me! harrods.com |
