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  1. #151
    Speedy Az winner69's Avatar
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    Quote Originally Posted by Beagle View Post
    Might be a good time for a bunch of retirement villages in Dunedin...a high of only 14 today in the middle of summer probably gives residents every chance of dodging global warming completely, in fact they might welcome it lol
    But a decent quake could send a lot of Dunedin slip sliding into the harbour ...Much of Dunedin is built on schist bedrock and covered with a thick layer of mudstone, with a top coating of sand and clay-rich cenzoic alluvial soil. This type of surface becomes slick during even moderate rainfall. Abbotsford was only a warning
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  2. #152
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    Quote Originally Posted by winner69 View Post
    But a decent quake could send a lot of Dunedin slip sliding into the harbour ...Much of Dunedin is built on schist bedrock and covered with a thick layer of mudstone, with a top coating of sand and clay-rich cenzoic alluvial soil. This type of surface becomes slick during even moderate rainfall. Abbotsford was only a warning
    Sir David Attenborough reckons if humans dont control populations then nature will do the job for us, I reckon hes right aye.

  3. #153
    Speedy Az winner69's Avatar
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    Quote Originally Posted by couta1 View Post
    Sir David Attenborough reckons if humans dont control populations then nature will do the job for us, I reckon hes right aye.
    He’s so depressing that Sir David

    But David and Jacinda seemed to get on like old mates at a recent global forum when she said going to do a lot to save the world - "like embed targets, that meet the ambition that we need" and "endures beyond us as individuals".

    So we are OK
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  4. #154
    ShareTrader Legend Beagle's Avatar
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    https://www.msn.com/en-nz/money/news...cid=spartandhp

    Tailwind for all retirement companies ?
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  5. #155
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  6. #156
    Legend peat's Avatar
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    Quote Originally Posted by Dlownz View Post
    the guts of the article for those w/o Prem

    "I would not want my relations to be residents in something awash with debt and either going bust or skimping on care — whether that's private equity or anyone," he says. "Regulators should do more to ensure that operators have a stable financial base and prevent excessive profit extraction."
    For clarity, nothing I say is advice....

  7. #157
    ShareTrader Legend bull....'s Avatar
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    see the market is starting to see the risk of viruses in retirement villages as a risk to valuations . rightly so
    one step ahead of the herd

  8. #158
    ShareTrader Legend bull....'s Avatar
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    just as i have been warning the retirement stocks business model is going to come crashing down due to corona

    https://www.nzherald.co.nz/business/...ectid=12315045

    Coronavirus: Retirement village sector chiefs form task force to protect elderly

    all it take is 1 community outbreak in a village and they will be toast. i might buy some ryman at 50c then
    one step ahead of the herd

  9. #159
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    Quote Originally Posted by bull.... View Post
    just as i have been warning the retirement stocks business model is going to come crashing down due to corona

    https://www.nzherald.co.nz/business/...ectid=12315045

    Coronavirus: Retirement village sector chiefs form task force to protect elderly

    all it take is 1 community outbreak in a village and they will be toast. i might buy some ryman at 50c then
    Wow bull do you think we are going to experience a dip even worse than the Great Depression???

  10. #160
    ShareTrader Legend bull....'s Avatar
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    Quote Originally Posted by Cadalac123 View Post
    Wow bull do you think we are going to experience a dip even worse than the Great Depression???
    lol seriously though would you move into one or buy one if they become virus hotbeds and if a large % of old people die wheres the market?
    one step ahead of the herd

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