Great post, but you know another question you've never heard asked?
IF we are impacting climate, could it in fact be positively? All the evidence would suggest so.
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Wrong, this is from idiots putting stuff where it should not be...
As Buffett has said time and again, zero impact on Berkshires insurance operations.
Google Earth the valley that flooded in Hawks Bay... Any hints that it had totally flooded before hundreds of times?
And imagine what was required to push all that silt out back when it was heavily forested too.
Anyone can easily find compliant views that appease your already established position. That doesn't mean they are factual or even close to being correct.
Epstein is a known fossil fuel promoter and his bias is transparently obvious.
Here is a review of Shellenberger's publication which slates it in no uncertain terms.
https://yaleclimateconnections.org/2...calypse-never/
Please at least offer some compelling and scientifically respected sources that uphold your view.
Very poor response, very poor sources
Watching the Minimum wage Labor voters battling into the 11 degree high in Whangarei huddling in Kmart clothes vaping for a bit of extra warmth, having paid all their climate taxes to the upper middle class who flew out to Fiji to escape it is really Gold!
Suppose this Pillock will rubbish this as well...
https://www.fishpond.co.nz/Books/Hea...0aAqO3EALw_wcB
Another Air NZ sale to North America. Forward bookings for longhaul must really be struggling now.
I really don't understand what your post is on about SailorRob. You say I have a net profit margin of 50%, which I have confirmed by my calculation below
My net profit rental margin is: (0.72x$20,000)/$28,600 = 50.3%
Then you say I can't have a net profit of 50%, even though you have just done the calculation yourself, confirming it to be true!
Of course none of this is concerned with the cost of acquiring the housing asset in the first place. In the case of housing that is what dampens down your investment return. Because the cost of acquiring a property is high. But that doesn't change the fact that the net profit margin in this housing exercise is 50%. Obviously of you refurbish the kitchen you might be down $20k for that year eliminating your profit for that year. But you are probably increasing the price you would get for your house if you sold it by doing that, and such a refurbishment would have a 20 year life. Over 20 years I have already allowed for $100,000 in capital expenditure and maintenance. So I think my figures are about right.
The profitability of this exercise is the strongest possible reasoning behind me making money, not 'losing money' as you claim.
SNOOPY