sharetrader
  1. #13211
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,739

    Default

    Hasn't there been a vowel shift in NZ language over the years
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  2. #13212
    Legend
    Join Date
    Apr 2008
    Location
    Sth Island. New Zealand.
    Posts
    6,428

    Default

    Quote Originally Posted by elZorro View Post
    Fungus's theorem doesn't stack up though, does it.
    It does indeed. Although that's a simplistic form. The complete picture emerges when you add in restricted supply of land thanks to RMA and planning; but I was posting to this forum - not writing a book. Interest rates have a big impact on all commodities.
    Decreasing interest rates will raise house prices. I remember way back trying to get it into Bruce Beetham's head that his proposal of 1%$ interest rates for 1st home buyers would not help them, but he would not admit it. Neither will you of course.
    Anyway, you should get your mates to dump Twyford. He'll cost Labour heaps of followers.

  3. #13213
    IMO
    Join Date
    Aug 2010
    Location
    Floating Anchor Shoals
    Posts
    9,698

    Default

    Yeah Right Tui. FP ,maybe you should form the Fungus Pudding Party, maybe dump the fungus you'll do much better , well a tiny bit.

    If the N party had more cajoles they'd do a lot better with out these upside down puddings too.Need a dump truck though.


    Bill
    Judith
    Paula
    Gerry
    Simon
    Jonathan
    NICK

  4. #13214
    Legend
    Join Date
    Jun 2009
    Location
    CNI area NZ
    Posts
    5,958

    Default

    Quote Originally Posted by fungus pudding View Post
    It does indeed. Although that's a simplistic form. The complete picture emerges when you add in restricted supply of land thanks to RMA and planning; but I was posting to this forum - not writing a book. Interest rates have a big impact on all commodities.
    Decreasing interest rates will raise house prices. I remember way back trying to get it into Bruce Beetham's head that his proposal of 1%$ interest rates for 1st home buyers would not help them, but he would not admit it. Neither will you of course.
    Anyway, you should get your mates to dump Twyford. He'll cost Labour heaps of followers.
    No, I think your theorem has a small amount of merit, but within bounds. Our first house went up 50% in five years, while interest rates got as high as 20% p.a. In that case, we had high inflation too.

    But even when inflation is low, and wages are range bound, your theory still doesn't work medium term. So you're saying that the strong causal link between price increases in Auckland and net immigration figures, are due to RMA and planning issues. But what houses are being built, due to a shortage of local builders and the hassles of doing anything up there amongst the traffic, are almost all expensive. State housing is being sold or boarded up. Why isn't it being refurbished in many cases?

    No, in this case, the relevance to the thread is that the National govt chose to allow immigration levels far above the comfort level of Auckland to cope, and then didn't bring in any policies to help the regions. For example, CNI areas have heaps of land available close to existing infrastructure, but they need the new industry to go with it. In such places, house prices are fairly stagnant, while we all wait for a Labour/Green/NZFirst coalition to look fairly at the regions.

  5. #13215
    Advanced Member
    Join Date
    Dec 2001
    Location
    Wellington, , New Zealand.
    Posts
    1,701

    Default

    Quote Originally Posted by elZorro View Post
    State housing is being sold or boarded up. Why isn't it being refurbished in many cases?......
    Assume you have not found time in your busy schedule to find the actual stats. Readily available and extremely detailed.

  6. #13216
    Guru
    Join Date
    Aug 2012
    Posts
    4,663

    Default

    Quote Originally Posted by winner69 View Post
    Hasn't there been a vowel shift in NZ language over the years
    English language and speech are in constant evolution. In Australia when I say "men and women", the Aussies think I am saying "min" and "woman."

  7. #13217
    IMO
    Join Date
    Aug 2010
    Location
    Floating Anchor Shoals
    Posts
    9,698

    Default

    Quote Originally Posted by elZorro View Post

    No, in this case, the relevance to the thread is that the National govt chose to allow immigration levels far above the comfort level of Auckland to cope, and then didn't bring in any policies to help the regions. For example, CNI areas have heaps of land available close to existing infrastructure, but they need the new industry to go with it. In such places, house prices are fairly stagnant, while we all wait for a Labour/Green/NZFirst coalition to look fairly at the regions.
    Yes and key got a knight hood then skipped out knowing the mess that was unfolding.Like i said he picked the easy fruit with immigration and some infrastructure projects then fiddled around the edges scared of losing his property base mates and bailed.Same with the water issue. Same with the 24,000 homeless in Auckland and 16,000 more around the country; same with our health system ; hell you can't even get on a waiting list to go on the waiting list in many areas and Dunedin hosp was promised last election ; now its promised within the next 10 years!!

    We can do way better, the govt has got worse at each term ; complacency and holding on to power have corrupted them imo .Rise up and vote for change.
    Last edited by Joshuatree; 19-08-2017 at 11:53 PM.

  8. #13218
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,739

    Default

    Some pretty rich artists around these days

    https://www.stuff.co.nz/national/pol...e-labour-party
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  9. #13219
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,739

    Default

    EZ - whose likely to be the top 10 ministers on a Labour led government

    Need plenty of 'competence' if 'let's do this' is actually going to deliver the this. Do they have it?
    Last edited by winner69; 20-08-2017 at 02:11 PM.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  10. #13220
    Legend
    Join Date
    Apr 2008
    Location
    Sth Island. New Zealand.
    Posts
    6,428

    Default

    Quote Originally Posted by winner69 View Post
    EZ - whose likely to be the top 10 ministers on a Labour led government

    Need plenty of 'competence' if 'just do this' is actually going to deliver the this. Do they have it?
    No they don't. That is their biggest trouble. Sorry to storm in and answer for eZ, but there'll be too much excitement in his burrow today with the latest poll results. May even be well oiled up on giggle juice. Jacinda and her comrades will be creaming themseves tonight.

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •