OCA - Oceania Group - retirement villages

[winner69]

Alan Isaac is now president of the Institute of Directors...Senior management are supported by a very high caliber board of directors.
https://www.iod.org.nz/about-us/our-council/#

I went to school with Alan ...spent hours playing cricket with him after school

Alan was ICC President for a few years

Good guy

[Blue Skies]

Vancouver, Sydney and Melbourne have more expensive house to income according to Canstar 2020.

Government needs to overhaul RMA they do need to free up land, they also need to reign Fletchers in, as the cost to build as house in NZ is way too high.

What’s the point of diminishing the outrageous cost of housing to income ratio in NZ by finding a particular survey where NZ is just behind Vancouver Sydney and Melbourne? Is that supposed to make it ok.
Several of the latest international surveys put NZ at the very top of Housing affordability to disposable income ratio, it’s a shocking statistic, and diminishing it in any way enables vested interests to continue doing little to address it.
So many problems in society and eventually costs to the taxpayer stem from poor or unstable housing.

[iceman]

We don't need to look very far to see how house prices can be tamed. Sorry a little of thread as not directly related to OCA but certainly related to last few posts on here https://businessdesk.co.nz/article/p...rdable-housing

[dompf]

What’s the point of diminishing the outrageous cost of housing to income ratio in NZ by finding a particular survey where NZ is just behind Vancouver Sydney and Melbourne? Is that supposed to make it ok.
Several of the latest international surveys put NZ at the very top of Housing affordability to disposable income ratio, it’s a shocking statistic, and diminishing it in any way enables vested interests to continue doing little to address it.
So many problems in society and eventually costs to the taxpayer stem from poor or unstable housing.

I’m not saying it’s a good thing we’re up there I’m saying there are other countries up there as well.

You are commenting on a retirement property stock on how unaffordable property is but your invested in it.

The haves and the have nots could be where it ends up. Is it right? Probably not, has this problem been around for decades yes , has anyone got an actual solution, no.

[macduffy]

I was ICC President for a few years

I knew that Alan Isaac was ICC President. Didn't know that you were, too, winner!

[winner69]

I knew that Alan Isaac was ICC President. Didn't know that you were, too, winner!

Ha ha ..what a faux pas

Been wanting to use that french phrase for a few days ...beagle might get what I was getting at

[Waltzing]

Kansas ? the US is complaining of the same housing price confluence..in NZL land is Gold...

hope that sentence makes some sense...

added to that , Tulips anyone?

but then again houses in a far off land with beaches and blue skies that is the envy of the world ..

is it no wonder there is no place like home ...

https://www.stuff.co.nz/business/opi...n-todays-youth

The property market wont be allowed to be Tulips and arnt they far more practical an investment. Profits for this sector seem to be baked in for at least the next 5 years and beyond.

https://www.interest.co.nz/property/...interest-rates


Our favourite red ones are ...


https://www.amstel.com/

[JSwan]

Kansas ? the US is complaining of the same housing price confluence..in NZL land is Gold...

hope that sentence makes some sense...

added to that , Tulips anyone?

but then again houses in a far off land with beaches and blue skies that is the envy of the world ..

is it no wonder there is no place like home ...

https://www.stuff.co.nz/business/opi...n-todays-youth

The property market wont be allowed to be Tulips and arnt they far more practical an investment. Profits for this sector seem to be baked in for at least the next 5 years and beyond.

https://www.interest.co.nz/property/...interest-rates


Our favourite red ones are ...


https://www.amstel.com/

Didn't the same economists predict the housing market to tumble this year? Oops

[Waltzing]

Yes they did !!!! But it appears the NEW consensus is up for a while!!!

[Gunner]

Yes they did !!!! But it appears the NEW consensus is up for a while!!!

I guess it's hard for them to argue against facts.