Nat/act/nzf 2023

[dobby41]

Who ultimately paid the price for Labour’s policy of disallowing interest deductions for rental providers?

Answer : the renters who have seen their rents increased by over 12.3% since Labour announced the loss of interest deductibility.

Net net : renters not only lose big time but there’s a rental shortage out there due to less investment by rental providers.

And where did Robertson & co spent the increased tax take from rental providers?

Answer : Billions of dollars to fat cat consultants, more civil servants and emergency housing providers.

Unintended consequences - as usual from Labour.

So, with the reversal, rents will come down? Tui ad coming up.
The Govt sidesteps that question each and every time.

More 1st home buyers - intended consequence.

Expect to see rents continue to rise along with house prices as LLs outbid each other.

[dobby41]

What's funny is the wages are higher AND the rents are lower (vs auckland and wellington) in Aus.

Though we have a coalition which wants to make both worse.

Wages are higher in Aus yet they have strong unions - strengthening unions in NZ would be the death knell says business.
Fair Pay Agreements (FPA) here would be a disaster for NZ says business yet works fine in Aus.
We are told that higher wages here would lead to higher prices yet they have higher wages and lower prices (we're told) in Aus.
By the way, I have found prices in cafes and restaurants similar in Aus to here except on the weekends when you can expect to pay a 10% surcharge on Saturday and 15% on Sunday and public holidays.

Currently the coalition seems to be trying to make NZ a lower wage economy than it already is - helps business profits!

[dobby41]

CGT would likely have seen Houses moving even slower on the open market .. not so much house hopping.
So what would that have done for those seeking a Rental ? Buying a House ?
And Demand wanting to purchase property would have done what further to prices ?

(a) added the tax to final sale price ?
(b) Less Supply More Demand for what there is - up go the price .. or not ?

Same number of houses even if they don't turn over.
But, Aus has CGT and Sales Tax.

I have done very well out of leveraged property and the free capital gains they give.

[dobby41]

You didn't dare open your cakehole on Wages V costs being an issue when Labour were in - did you ?

I did actually.

[dobby41]

You probably right - the Choppers wont get fixed early because your mates in their 6 years of Carnage
& Squandering with very little to show for it now - probably already blew what was needed to fix it
and frittered away whole pile more on top

Do you mean coppers?
The police probably won't get a suitable pay rise because the current lot are too busy working out how to give the ill-advised tax cuts and topping up the landlords.

I can't wait to see how they borrow less, spend more, and give billions in tax relief.

[Balance]

So, with the reversal, rents will come down? Tui ad coming up.
The Govt sidesteps that question each and every time.

More 1st home buyers - intended consequence.

Expect to see rents continue to rise along with house prices as LLs outbid each other.

Garbage.

Where’s your proof that there are more 1st home buyers? Property sale numbers are down so their %tage are up - that’s all.

Here are Labour’s disgraceful track record on housing and property :

1. State housing waiting list are up over 300% since Labour took office in 2017,

2. Rents are at record highs

3. $1m a day is spent on emergency accommodation (motels and rooms)

and

4. 250% more families and children sleeping in cars and tents.

As for your prediction of house price increases, you must have been living in Clueless Cindy’s Cuckooland not to notice what happened under Ardern’s housing & property policies!

[iceman]

Garbage.

Where’s your proof that there are more 1st home buyers? Property sale numbers are down so their %tage are up - that’s all.

Here are Labour’s disgraceful track record on housing and property :

1. State housing waiting list are up over 300% since Labour took office in 2017,

2. Rents are at record highs

3. $1m a day is spent on emergency accommodation (motels and rooms)

and

4. 250% more families and children sleeping in cars and tents.

As for your prediction of house price increases, you must have been living in Clueless Cindy’s Cuckooland not to notice what happened under Ardern’s housing & property policies!

Balance you know better than stupid questions of evidence. dobby41 and the rest of the Ardern choir boys/girls have become utterly ridiculous with their yelling from the rooftops after supporting a badly failed regime for 6 years. They should pull their heads in for a year or so and stop making fools of themselves.

[ynot]

Balance you know better than stupid questions of evidence. dobby41 and the rest of the Ardern choir boys/girls have become utterly ridiculous with their yelling from the rooftops after supporting a badly failed regime for 6 years. They should pull their heads in for a year or so and stop making fools of themselves.

Yawn, Best just ignore the woke left i'm thinking.

[Balance]

Yawn, Best just ignore the woke left i'm thinking.

Wish we could just ignore them but unless they are continuously confronted with facts and the atrocious track record of waste, divisiveness, incompetence and deceit of the 6 years of Clueless Cindy and Hapless Hipkins, the woke left will continue like the leeches and parasites that they are to suck away at the vitality and fortitude of NZers.

So confront them we must and we will.

[westerly]

Wish we could just ignore them but unless they are continuously confronted with facts and the atrocious track record of waste, divisiveness, incompetence and deceit of the 6 years of Clueless Cindy and Hapless Hipkins, the woke left will continue like the leeches and parasites that they are to suck away at the vitality and fortitude of NZers.

So confront them we must and we will.

Barmey Balance , NZTX and others of the same ilk are dead worried Labour will win the next election after the havoc being created by the present incumbents.

westerly