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  1. #12511
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  2. #12512
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  3. #12513
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    Another day, another story about the chronic underfunding of rest homes. NZ voters don't want new taxes or increased taxes...so will it be a question of the basic rest home service being the provision of multi-person dormitories?

  4. #12514
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    Quote Originally Posted by Bjauck View Post
    Another day, another story about the chronic underfunding of rest homes. NZ voters don't want new taxes or increased taxes...so will it be a question of the basic rest home service being the provision of multi-person dormitories?
    The fact the stories are becoming more frequent and dire ...makes me think will lead to some action finally ...as now its not just question of profitability but continuing operations or not ....which any Govt cant afford as its such a sensitive issue ...Not taking care of our aged people !!

  5. #12515
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    Quote Originally Posted by alokdhir View Post
    The fact the stories are becoming more frequent and dire ...makes me think will lead to some action finally ...as now its not just question of profitability but continuing operations or not ....which any Govt cant afford as its such a sensitive issue ...Not taking care of our aged people !!
    Isn’t that the point of the PR campaign ….get some action

    Just like if enough polls say get rid of GST on food that might happen as well
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  6. #12516
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    Quote Originally Posted by mike2020 View Post
    It is still up over 18% in the last year. Once that gain has been erased, one could talk about a crash.

  7. #12517
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    Quote Originally Posted by winner69 View Post
    Isn’t that the point of the PR campaign ….get some action

    Just like if enough polls say get rid of GST on food that might happen as well
    Who will pay for them?

  8. #12518
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    Quote Originally Posted by Bjauck View Post
    It is still up over 18% in the last year. Once that gain has been erased, one could talk about a crash.
    Quote Originally Posted by mike2020 View Post
    The HPI is Auckland City & Wellington City is down 5.6% & 7% over the past 3 months respectively. The author has literally used the least accurate metric we have of tracking the market simply because it looks the best and he wants to defend his bags.

    The settlement data is behind by several weeks, the reality on the ground is people are worried and values are falling at breakneck pace, much faster then I recall US home values falling in GFC.

    I think regardless the OCA share price has fallen much more than justified but it's clear the housing market crash (and it is a crash) is playing a part in the sentiment.

    P.S - For the sake of NZs future and retaining young people who are we desperately need to pay for all the boomers heading into care, this is a good thing and and great relief.

  9. #12519
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    Quote Originally Posted by Bjauck View Post
    Another day, another story about the chronic underfunding of rest homes. NZ voters don't want new taxes or increased taxes...so will it be a question of the basic rest home service being the provision of multi-person dormitories?
    Our current political parties in power do not care about the aged, no enough votes to be bought there. Platitudes only, no substance.

  10. #12520
    ShareTrader Legend bull....'s Avatar
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    Quote Originally Posted by 850man View Post
    Our current political parties in power do not care about the aged, no enough votes to be bought there. Platitudes only, no substance.
    yep the only way grey power had a voice was thru nz first
    one step ahead of the herd

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