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  1. #1021
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    Quote Originally Posted by dobby41 View Post
    It would be unwise to expect that - as I said, he said there wouldn't be policies to exacerbate the fall rather than have policies to stop it.
    A falling housing market is good overall - in the long term.
    I am well past expecting delivery of any promise made by a politician from no matter which side. Sure my interpretation of what was said was just one possibility.

    At risk of counting the number of angels on a pin-head, I think Hipkins managed to respond to the question in a fairly non-committal way:“We've already seen a shift in house prices from the peaks that we were seeing. I guess to reframe your question, we're certainly not going to be doing things that aim to bring house prices down.” So if prices are already dropping, If Hipkins does anything at all in response, it would probably need to be price stimulatory in order for house prices to stop falling.

    Of course he has tried to give himself a free pass, because he could say the aim of his housing policy was to increase supply of residential land or new housing etc. However if it causes prices to fall or continue to fall then he could respond that that was not the aim of the policy. He presumably does not want to scare away too much the powerful electoral clout of existing home owners and property investors?
    Last edited by Bjauck; 26-01-2023 at 03:37 PM.

  2. #1022
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    Haven't read the article yet but easier to find later if I post a link.

    https://www.stuff.co.nz/business/pro...ement-villages

    At a guess a story about a bunch of people finding out they made a decision/contract that they don't like now and want the gummint to fix it.

  3. #1023
    ShareTrader Legend bull....'s Avatar
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    looks like the oversold bounce has stalled. arv failed to bounce must be the new dog ?
    one step ahead of the herd

  4. #1024
    ShareTrader Legend bull....'s Avatar
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    fbu saying weather caused building issue's jan/feb - wonder if these retirement stock building operations suffered too
    one step ahead of the herd

  5. #1025
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    Quote Originally Posted by bull.... View Post
    looks like the oversold bounce has stalled. arv failed to bounce must be the new dog ?
    Not dog mate ...New Cat ...as it's called Dead Cat bounce ....

    But yes ...FBU announcement has brought all RV stocks down ...even SUM

  6. #1026
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    Quote Originally Posted by bull.... View Post
    fbu saying weather caused building issue's jan/feb - wonder if these retirement stock building operations suffered too
    Climate change will affect many sectors of the economy.

  7. #1027
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    So Ryman swallowed hard and go for a big CR.

    How long before the others join in the CR - first come, best dressed!

  8. #1028
    Speedy Az winner69's Avatar
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    Quote Originally Posted by bull.... View Post
    fbu saying weather caused building issue's jan/feb - wonder if these retirement stock building operations suffered too
    ARV had to evacuate one in Auckland last storm

    SUM having a few problems this time around
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  9. #1029
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    Quote Originally Posted by Balance View Post
    So Ryman swallowed hard and go for a big CR.

    How long before the others join in the CR - first come, best dressed!
    Does make you wonder why they hadn't done it sooner, down 31% YTD and 61% from its peak... Not the greatest sign of competent management IMO. Ill be sticking with Oceania for the long-term.

  10. #1030
    ShareTrader Legend bull....'s Avatar
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    Increase in houses for sale on Trade Me fuels record price fall

    https://www.stuff.co.nz/life-style/h...ord-price-fall

    why there starting to raise cash .... panic ?
    one step ahead of the herd

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