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  1. #3351
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    Blind freddie is correct for some of the biases here, but hey its political thread so there you are.

  2. #3352
    Legend Balance's Avatar
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    Quote Originally Posted by Joshuatree View Post
    Blind freddie is correct for some of the biases here, but hey its political thread so there you are.
    One word - Kiwibuild

  3. #3353
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    Stuck record. We know that.Thats history. Too ambitious sadly. It wasn't achievable , far too much regs, redtape and slow consents system etc.Thats the biggest learning lesson for this govt.Moved on. Like you prob have, getting the property cycle totally wrong atpit.
    Last edited by Joshuatree; 21-02-2020 at 12:31 PM.

  4. #3354
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    Quote Originally Posted by Balance View Post
    One word - Kiwibuild
    I think it was Rodney Hide who described Kiwibuild as 'peak nuttiness'. More accurate than 'too ambitious'.

  5. #3355
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    Quote Originally Posted by Joshuatree View Post
    Stuck record. We know that.Thats history. Too ambitious sadly. It wasn't achievable , far too much regs, redtape and slow consents system etc.Thats the biggest learning lesson for this govt.Moved on. Like you prob have, getting the property cycle totally wrong atpit.
    So easy - make huge promises to get elected, give false hopes but break promises and commitments, move on.

    Another word - Capital Gain Tax.

  6. #3356
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    So you admit you got the prop cycle wrong?

  7. #3357
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    Quote Originally Posted by Joshuatree View Post
    So you admit you got the prop cycle wrong?
    Got it bang on - want to make a bet (with proof) as to how well I read it?

    Advised a good friend of mine to put in a tender bid at 15% below valuation in Feb 2019, he got it (and almost panicked) and has just been offered 25% more than what he paid for it less than a year ago.

    It’s all about timing and watching the timing.
    Last edited by Balance; 21-02-2020 at 01:15 PM.

  8. #3358
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    So you deny it, i think you are on the appropriate political thread, think about becoming a candidate.

  9. #3359
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    Quote Originally Posted by Joshuatree View Post
    So you deny it, i think you are on the appropriate political thread, think about becoming a candidate.

    What denial? Facts are facts.

    I feel a bet coming on - how does $5k sound?

    PS. You have been listening and following sweet lying Cindy for too long.
    Last edited by Balance; 21-02-2020 at 01:37 PM.

  10. #3360
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    Quote Originally Posted by Balance View Post
    What denial? Facts are facts.

    I feel a bet coming on - how does $5k sound?

    PS. You have been listening and following sweet lying Cindy for too long.
    https://www.stuff.co.nz/national/pol...for-government

    Rolling out the broken promises :

    1. Light Rail

    " Ardern promised it would be built by 2021. Now, building won't even start until close to 2021.

    The worst thing was that as part of prioritising light rail and public transit systems, the Government stopped building any new roads that were in the pipeline."

    2. Kiwibuild

    Labour had been told this for years, but it still proceeded on the basis that enough will power would overcome facts on the ground - which is that Kiwibuild always suffered from two problems: although the headline numbers sounded impressive - 100,000 houses in ten years - it was a plan in search of a rationale and had no clear problem it was trying to solve. Second, it was always going to take many years to get enough scale in the New Zealand building sector and would be massively expensive to do so.

    So Cindy promised 100,000 new houses in the next 10 years! Just like she promised to be transparent, honest and caring.

    Let's do this - NOT!
    Last edited by Balance; 21-02-2020 at 02:40 PM.

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