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  1. #1
    Legend
    Join Date
    Dec 2009
    Location
    Everywhere
    Posts
    7,074

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    The economics of even having Residential Rentals is already questionable with current
    bank deposit rates being paid by the banks, before this crock of Green BS came along

    6% offered by banks ; no Rental BS, No Tenancy BS , No moron Govt interference , no Dramas

    Similarly with well placed equity investments - choose the right companies and imputation credits
    mean tax paid by the company.

    The right commercial investment with good tenancy mix - no raft of Residential BS attached

    Interesting choices - a good number of RR investors will be going further backwards on Interest
    non deductibility, mortgage interest hikes, no depreciation claims, spiralling Tenancy crap, rent
    increase limitation garbage, dreamt up rental warrant of fitness (same idiot Green elves in another
    lightbulb moment) .. as it is

    The harder the Rent price inflicted on the tenants, the more likely the level of failure
    and who wears those losses with even higher chances of low or no recovery ?

    Who would want to be in the Residential Rental market now ?

    Who at the grassroots paying end of things is ultimately going to be badly screwed over
    courtesy of this moron political meddling ?

    What is going to take for Politicians to wake up to the fact that their targeted audience
    is not the wealthy cash rich target they thought and they instead are knifing the most
    vulnerable, whilst only providing more incentive for those still in the market to invest
    elsewhere on signs of deeper Govt plundering likely?
    Last edited by nztx; 03-07-2023 at 03:50 PM.

  2. #2
    Guru
    Join Date
    Apr 2003
    Location
    Wellington, New Zealand
    Posts
    4,935

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    Quote Originally Posted by nztx View Post
    The economics of even having Residential Rentals is already questionable with current
    bank deposit rates being paid by the banks, before this crock of Green BS came along

    6% offered by banks ; no Rental BS, No Tenancy BS , No moron Govt interference , no Dramas

    Similarly with well placed equity investments - choose the right companies and imputation credits
    mean tax paid by the company.

    The right commercial investment with good tenancy mix - no raft of Residential BS attached

    Interesting choices - a good number of RR investors will be going further backwards on Interest
    non deductibility, no depreciation claims, Tenancy crap, rent increase garbage .. as it is

    Who would want to be in the Residential Rental market now ?

    Who at the grassroots paying end of things is ultimately going to be badly screwed over
    courtesy of this moron political meddling ?
    You list a good many reasons why we are looking at divesting our rentals. Have a few but the hassle and return, really is not worth it anymore. Time to sell.

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