-
17-04-2019, 09:44 AM
#7581
Originally Posted by minimoke
thx minimoke
sums its up well .. this from report
) Unrealised revaluations of the value of the retirement villages. The underlying landand buildings are rarely if ever legally sold. The valuation change comes from apresent value of the expected cashflow from the occupancy advances (or interestfree loans).
they loss lots if cgt comes in
one step ahead of the herd
-
17-04-2019, 09:48 AM
#7582
Originally Posted by bull....
thx minimoke
they loss lots if cgt comes in
I'm have a Thicko Day and dont understand
-
17-04-2019, 09:51 AM
#7583
Originally Posted by bull....
thx minimoke
sums its up well .. this from report
) Unrealised revaluations of the value of the retirement villages. The underlying landand buildings are rarely if ever legally sold. The valuation change comes from apresent value of the expected cashflow from the occupancy advances (or interestfree loans).
they loss lots if cgt comes in
Funny - I suppose you didn't read the link you posted? Otherwise you would have come across the groups recommendation:
Group’s preference
If income tax is extended to gains on the sales of shares, the group’s preference is to do
nothing particular for this industry as it will be fully taxed on its economic income albeit in a
different way to other industries. A taxation of the gains on share sales will align New
Zealand’s tax settings of this industry with Australia’s.
On this basis nothing particular to this industry needs to be discussed in the interim report.
If, however, such a change to the taxation of capital income does not occur this may need to
be reconsidered.
Nothing will change for them. Your down ramp was the usual proverbial.
----
"Prediction is very difficult, especially about the future" (Niels Bohr)
-
17-04-2019, 09:54 AM
#7584
Originally Posted by BlackPeter
Funny - I suppose you didn't read the link you posted? Otherwise you would have come across the groups recommendation:
Nothing will change for them. Your down ramp was the usual proverbial.
Yeap, agree 100%. We hear you Bull but don't agree and its getting very tiresome. Get back to work on the positive ramping of GNE.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
-
17-04-2019, 09:54 AM
#7585
Bulls normal early morning cup of tea scaremongering. PS-Expecting a very weak cup of tea CGT announcement from the Govt.
-
17-04-2019, 09:56 AM
#7586
The other issue would be determining a base value on Valuation Day (which is clearly going to happen to our shares assuming CGT applies to shares., Which I assume it will since it is only the wealthy who hold this asset class and they need their wealth redistributed)
-
17-04-2019, 10:00 AM
#7587
Originally Posted by minimoke
I'm have a Thicko Day and dont understand
findings say they make lots of there profits from re valuations , if property market not going up then no profits
one step ahead of the herd
-
17-04-2019, 11:04 AM
#7588
Originally Posted by bull....
findings say they make lots of there profits from re valuations , if property market not going up then no profits
They found that the accounting profit, from which the unimputed dividends are paid, came from the cash gain in the sale of the occupation right after the previous occupier moved out. If the property market stagnates for an extended period this accounting profit may also be affected as the price for the occupation rights will stagnate too.
If any CGT exempts owner-occcupied principal residence, My opinion is that the long term effect of a CGT will have an upward effect on residential housing prices.
Last edited by Bjauck; 17-04-2019 at 11:18 AM.
-
17-04-2019, 11:09 AM
#7589
Originally Posted by bull....
why because if they introduce a CGT on investment property it will affect the property market by reducing the sales as not as many buyers any more for property. history shows sustained drop in sales leads to lower property prices at some stage.
If anyone doesnt understand property market affects these stocks , i suggest you need to better understand them
Home ownership rates have been falling. If investors move out of the market then pent-up demand from first home buyers and other owner-occupiers wishing to trade up may take-over.
With the recent boom in prices, it is easy to forget that, as well as first home buyers, many owner occupiers have been priced out of being able to trade-up the property ladder.
-
17-04-2019, 12:21 PM
#7590
Not sure you will see a great impact. The ones most likely to think twice are traders, investors may just decide they need to buy more houses to cover for the hit to their retirement fund.
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks