MHJ - Definitely not. I have a very strong preference for HLG and WHS.
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MHJ - Definitely not. I have a very strong preference for HLG and WHS.
And yet houses are now being built at the fastest rate since the 70’s.
Not saying that is intentional by either labour or national (the Auckland unitary plan is the biggest facilitator in my view) but certainly supply has been increasing at a faster rate under the “socialists”.
house prices up 30% p.a with record building and very low migration. “Essentially a lack of supply problem” grab me a tui. The main “supply” issue here is one of money supply I.e too much of it from rbnz.
Agree with beagle, interest rates tightening, migration near 0, record house building, tax on investors. Outlook: certainly not bullish for house prices inflation (who is bold enough to call a decline? Not me).
isn't that a TOP policy^
sounds good to me, suspect will be be reasonably unpopular here. If someone has over a million in equity on property owned and doesn't want to pay tax on that equity, mortgage it to bring it under a million and invest elsewhere at greater than mortgage interest rates and you're fine
edit: i remember telling a mate not that long ago that i was hammering my mortgage with voluntary repayments - he looked at me like i was stupid and said something like "are you really so useless that you can't make 3% returns somewhere?"
The article states "Housing is viewed as a tradeable commodity and store of wealth, rather than a human right or a basic human necessity."
Housing, presumably ownership thereof given the context, is a human right? Really?
Anyway, I know that is going to get this thread off topic very quickly, so I'll scurry back to my rock.
Suggest we get back to discussing OCA in this thread tomorrow. Some extremist socialist conceptual ideology deserves its own thread or better still, to be ignored.
Head of Property and Development gone …..left immediately
Looking for somebody with a ‘broader set of skills’. …hmmm
No thank you or anything Nice said …prob gone to join Earl
http://nzx-prod-s7fsd7f98s.s3-websit...301/351081.pdf
Stockton been in that role for 7 years …..and getting on in years as well
Probably past his use by date so good for Oceania to get some young blood with a ‘broader range of skills’ to progress things
Maybe another couple of management to go?