ADRIAN ORR our NEW RBNZ GOVERNOR

[Aaron]

Here's Adrian explaining about the role of Te Pūtea Matua and how they are "reaching for those baskets of knowledge in the sky".

https://www.youtube.com/watch?v=a1xxzMz1bLo

Putea the gift that keeps on giving.

[Aaron]

Aaron mind your language and please be civil.

1million invested into a prime location and with my experience and expertise,I can guarantee it will double by 2026 even if interest rates increase, but that's because I'm prepared to take risks while you top your investments up by $50 per week.. good luck with that, I hope you find retirement before 70.

Take risks?? Knowing our wise Matua Adrian will drop interest rates or turn them negative, if your investment is not as wise as you first thought or if you are feeling any mortgage stress.

I am still not learning, don't fight the central bank it is all powerful and wise. As they say on their website "We enable economic wellbeing and prosperity for all New Zealanders."

[Aaron]

Behind the pay wall but interesting if you can read it.

https://www.nzherald.co.nz/business/...QGWBRD5REUBA4/

And as Reinhart and Sbrancia's paper notes, it was not growth alone that delivered the post-WW2 miracle. Instead, it was "financial repression", or the fact that governments kept interest rates below inflation for years amid capital and financial controls, stealthily robbing investors. It could be hard to repeat that trick in an era of digital markets.

I don't think it is that hard, savers happily contributing to debt repayments so far.

[TeslaGod]

Behind the pay wall but interesting if you can read it.

https://www.nzherald.co.nz/business/...QGWBRD5REUBA4/

And as Reinhart and Sbrancia's paper notes, it was not growth alone that delivered the post-WW2 miracle. Instead, it was "financial repression", or the fact that governments kept interest rates below inflation for years amid capital and financial controls, stealthily robbing investors. It could be hard to repeat that trick in an era of digital markets.

I don't think it is that hard, savers happily contributing to debt repayments so far.

Debt is fantastic if used to grow one's wealth, I would rather pay 5% in interest than 39% in tax.

I love margin and credit facilities.

[Aaron]

Debt is fantastic if used to grow one's wealth, I would rather pay 5% in interest than 39% in tax.

I love margin and credit facilities.

5% is on borrowings and 39% is on taxable profit two different things. But I get what you are saying, better to pay interest to the banks/financiers than tax to the NZ Govt you get to own assets that are appreciating thanks to weak govt and RBNZ. Also no tax payable on the capital gain.

[TeslaGod]

5% is on borrowings and 39% is on taxable profit two different things. But I get what you are saying, better to pay interest to the banks/financiers than tax to the NZ Govt you get to own assets that are appreciating thanks to weak govt and RBNZ. Also no tax payable on the capital gain.

Change your mindset on what money is .
Understand it is credit it is debt..they don't teach you this at Mount Albert Grammer.

https://thehill.com/changing-america...y-low-tax-rate

[Aaron]

Do you think reduced lending to people with high LVRs will only succeed in slowing down or stopping new home buyers?

https://www.msn.com/en-nz/news/natio...?ocid=msedgntp

In theory recent 20% property price increases means anyone with an existing portfolio already got a deposit for their next house, courtesy of RBNZ LSAP and low interest rates whereas new home buyers will have to save and put money in the bank at .5% versus property price increases that have averaged of 7% annually. Is my thinking wrong or am I skewing things to suit my way of thinking.

[Aaron]

Only an opinion piece but this guy seems to agree only really making it tough for first home buyers.

https://www.stuff.co.nz/business/opi...nearimpossible

Playing around at the edges. I suspect they are not worried about putting highly indebted new home owners under pressure with interest rate rises but highly leveraged property investors with multiple properties might worry them.

We saw how successful dropping interest rates was in boosting house prices why not raise interest rates and see if it works the other way if you are genuinely concerned about house price rises.

[TeslaGod]

Do you think reduced lending to people with high LVRs will only succeed in slowing down or stopping new home buyers?

https://www.msn.com/en-nz/news/natio...?ocid=msedgntp

In theory recent 20% property price increases means anyone with an existing portfolio already got a deposit for their next house, courtesy of RBNZ LSAP and low interest rates whereas new home buyers will have to save and put money in the bank at .5% versus property price increases that have averaged of 7% annually. Is my thinking wrong or am I skewing things to suit my way of thinking.

Doesn't affect me or many other long term property/Equity market investors.

There turning the tap off for lending

it's a cycle

did you take your opportunity to profit from it?

you can't have everybody becoming wealthy like me

I mean who's going to pay taxes and all your government's debt they managed to acquire?

https://youtu.be/AKvTnpYhfm4

[TeslaGod]

Only an opinion piece but this guy seems to agree only really making it tough for first home buyers.

https://www.stuff.co.nz/business/opi...nearimpossible

Playing around at the edges. I suspect they are not worried about putting highly indebted new home owners under pressure with interest rate rises but highly leveraged property investors with multiple properties might worry them.

We saw how successful dropping interest rates was in boosting house prices why not raise interest rates and see if it works the other way if you are genuinely concerned about house price rises.

Aaron, you really have to stop taking on opinion pieces from the the Main stream media, the writer's probably only on 75k per year and having tall poppy syndrome isn't going to grow your wealth or life style.

Although I'm sure it will make you get a dopamine rush by wringing your fists at property investors, it's not going to change.. You need to figure out how to cross over to the light$