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04-02-2024, 06:57 PM
#18311
Originally Posted by ValueNZ
Wouldn't dream of it, at least at the current prices.
Do you think house prices are going to come down?
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04-02-2024, 06:59 PM
#18312
Originally Posted by SailorRob
I was stunned to find the other day that minimum wage in the hand is 40k a year, so a couple can easily live a good life on min wage, let alone 2 minimum wages.
I forgot to say that me living on 30/40k that's 2 people not just me.
Not if your rent is $7 - 800 per week which is pretty normal now.
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04-02-2024, 07:04 PM
#18313
Originally Posted by Daytr
Do you think house prices are going to come down?
No clue, and I think anyone telling you they do know is full of sh1t.
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04-02-2024, 07:11 PM
#18314
“Unfortunately, the real minimum wage is always zero, regardless of the laws, and that is the wage that many workers receive in the wake of the creation or escalation of a government-mandated minimum wage, because they lose their jobs or fail to find jobs when they enter the labor force. Making it illegal to pay less than a given amount does not make a worker’s productivity worth that amount—and, if it is not, that worker is unlikely to be employed.” - Thomas Sowell
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04-02-2024, 07:54 PM
#18315
Originally Posted by ValueNZ
No clue, and I think anyone telling you they do know is full of sh1t.
Yeah houses prices come down all the time.
It's a 50:50 call.
Let alone there is a large shortage of housing.
Pretty tough call that one. 🙄
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04-02-2024, 08:00 PM
#18316
Ive been watching the tele....leaky homes ....Ive read some where a while back that this could cost NZ INC about 40 billion dollars.
Sorry ...I understand that these issues still exist.
Last edited by troyvdh; 04-02-2024 at 08:04 PM.
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04-02-2024, 08:14 PM
#18317
Originally Posted by Daytr
Do you think house prices are going to come down?
That's really irrelevant.
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04-02-2024, 08:15 PM
#18318
Originally Posted by Daytr
Not if your rent is $7 - 800 per week which is pretty normal now.
Yeah not much sense in doing that.
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04-02-2024, 08:16 PM
#18319
Originally Posted by Daytr
Yeah houses prices come down all the time.
It's a 50:50 call.
Let alone there is a large shortage of housing.
Pretty tough call that one. 🙄
Yep long term return is always zero for obvious reasons.
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04-02-2024, 08:18 PM
#18320
Originally Posted by Daytr
Yeah houses prices come down all the time.
It's a 50:50 call.
Let alone there is a large shortage of housing.
Pretty tough call that one. 🙄
Hmmm what has happened to a house in Europe that has stood for 500 years? In real terms?
Or America for 200 years?
Let's THINK folks. Engage the brain.
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