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Type: Posts; User: Wayne

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  1. First step is the current thrust - which will...

    First step is the current thrust - which will identify the investors.
    Second step is to apply new macro prudential tools to them - wiat and see what they might be!
  2. Replies
    52
    Views
    2,387

    more money for same work (or less if the market...

    more money for same work (or less if the market is hot - they sell themselves).
  3. Thread: 5+ Property Rule

    by Wayne
    Replies
    71
    Views
    2,420

    Demap should have a talk with them - you can...

    Demap should have a talk with them - you can charge whatever you need apparently.
  4. Thread: 5+ Property Rule

    by Wayne
    Replies
    71
    Views
    2,420

    How many would that be? Sounds like a lot.

    How many would that be? Sounds like a lot.
  5. Thread: 5+ Property Rule

    by Wayne
    Replies
    71
    Views
    2,420

    Why do you think it might be lagging? Certainly...

    Why do you think it might be lagging?
    Certainly not because investors get (got) cheaper houses.
    Could be an indication that until now (because rents are now going up) there wasn't really a shortage...
  6. Thread: 5+ Property Rule

    by Wayne
    Replies
    71
    Views
    2,420

    yip - there was a study done (in the paper the...

    yip - there was a study done (in the paper the other day) which showed if you purchased cheaper out further you were still better off after paying transport costs.
    And if you don't have to go into...
  7. Thread: 5+ Property Rule

    by Wayne
    Replies
    71
    Views
    2,420

    38% of sale maybe to investors - so they drive...

    38% of sale maybe to investors - so they drive the price and bid each other up.
    That has little relationship to rents.
    Supply and demand of rental tenancies will drive the rent - no matter what...
  8. Thread: 5+ Property Rule

    by Wayne
    Replies
    71
    Views
    2,420

    Let's face it Damap the tone on these forums from...

    Let's face it Damap the tone on these forums from Auckland people has moved past 'investment' and strongly into 'speculation'.
    Comments like with 17% price growth the return doesn't matter.
  9. Thread: 5+ Property Rule

    by Wayne
    Replies
    71
    Views
    2,420

    Rental income is disconnected from supply costs...

    Rental income is disconnected from supply costs by competition.
    ie just because your costs go up your rent won't necessarily if someone else doesn't have those costs and supplies cheaper.
    You...
  10. Thread: 5+ Property Rule

    by Wayne
    Replies
    71
    Views
    2,420

    they should plan it all on Auckland and leave the...

    they should plan it all on Auckland and leave the rest of the country to quietly go about its business
  11. Replies
    5
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    219

    gone on 25th April and back 19th August

    gone on 25th April and back 19th August
  12. Replies
    5
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    219

    If the sun is shining and out of the wind it...

    If the sun is shining and out of the wind it doesn't matter.
    I have a photo of me and a few others in the 'garden bar' at Scott Base in shorts and tee shirts at -15C - basking in it 8)
  13. Replies
    5
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    219

    Unless you are calling Scott Base or McMurdo...

    Unless you are calling Scott Base or McMurdo Station which uses NZ code 64 then area code 24099
  14. Thread: Interest Rates

    by Wayne
    Replies
    3,375
    Views
    389,112

    amazing - get paid to owe money. I dream of this.

    amazing - get paid to owe money. I dream of this.
  15. Replies
    19
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    1,343

    yes - always best if others are taxed for our...

    yes - always best if others are taxed for our benefit!
  16. Replies
    11
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    984

    Trust them - they know what they are doing (the...

    Trust them - they know what they are doing (the Govt that is).
    Nothing to see here - smile and wave.
  17. Replies
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    387

    A shed is a shed and this is a sleepout - not a...

    A shed is a shed and this is a sleepout - not a shed.
    The council should sort this quick smart - especially as he is advertising them.
  18. How does it work - expensively. Mostly land...

    How does it work - expensively.
    Mostly land doesn't generate income so you are relying on something else - capital gain?
    Maybe you are expecting a re-zoning - speculation really.
  19. Replies
    16
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    424

    Petty maybe but most plan more than you think....

    Petty maybe but most plan more than you think.
    They take the goods out and stack them up behind the hedge.
    Come around with the van, load it up and out quick smart.
    Unless they steal your van...
  20. Replies
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    424

    ear plugs are cheap

    ear plugs are cheap
  21. Replies
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    2,387

    And he probably has. And he can keep doing it...

    And he probably has.
    And he can keep doing it until one day IRD turn up on the door step.
  22. Thread: NZ Keep Growing

    by Wayne
    Replies
    15
    Views
    1,179

    Good point - the rule is You may be able to get...

    Good point - the rule is
    You may be able to get New Zealand Superannuation if you:


    are aged 65 or over
    are a New Zealand citizen or permanent resident
    normally live in New Zealand at...
  23. Thread: NZ Keep Growing

    by Wayne
    Replies
    15
    Views
    1,179

    Don't yu have to have worked in NZ for at least 5...

    Don't yu have to have worked in NZ for at least 5 years from age 50?
  24. Replies
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    1,586

    When advertorials become news - shameless.

    When advertorials become news - shameless.
  25. Replies
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    11,300

    Are you saying that was a good or bad thing?

    Are you saying that was a good or bad thing?
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