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Economist says it's cheaper to rent - What are your views?

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  • Shamubeel and Selena Eaqub

    In the Herald article about their new book, I'm not sure he'll like the turn of phrase:

    New Zealand's unofficial poster
    boy for renting
    (including the line-break in the website version)

    And I don't think many of us here would treat them with Horror and Pity
    DFTBA

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    • I see him as a clown tbh

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      • I pity them, all that education, all those brains, and still no ability to see the wood for the trees.
        Squadly dinky do!

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        • Apparently they rent - from his Aunt.

          Hardly an open market arms-length transaction I would think.

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          • Originally posted by flyernzl View Post
            Apparently they rent - from his Aunt.

            Hardly an open market arms-length transaction I would think.
            He's probably paying below market rent as well.

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            • Originally posted by Gary Lin View Post
              He's probably paying below market rent as well.
              In which case, the aunt is probably claiming a tax refund which might not be legit.

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              • I'm so fed up reading about this person on NZ Herald
                www.PropertyMinder.co.nz
                # Property Management
                # Ad Hoc Tenancy Services / Rental Inspections / Terminations and Notices

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                • What happens when he buys a house - actually I wonder if he has rentals that would be funny

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                  • He's created a name for himself - maybe he's not that dumb after all.
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                    • Originally posted by donna View Post
                      He's created a name for himself - maybe he's not that dumb after all.
                      Yes he has done very well.

                      What is the nick name for Kim Dot Com? I don't recall at all.

                      Mr Rental, well done!

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                      • My name for him is quite simple and quite appropriate on all levels.

                        "The Sham" !!!!!!!!!!

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                        • Some fairly vacuous comments, like this:
                          He says: "International rules allow banks to hold relatively little capital against their housing loans,
                          creating a strong bias towards residential mortgage lending." This has been a key factor in banks
                          shifting their lending focus from business borrowers to households. It's time to look at reversing
                          some of those.
                          "It's time to look?" I wonder from how far away. Sound like a politician, to you?

                          Who will be buying one of his books? Not I, said the PI.
                          Last edited by Perry; 07-06-2015, 11:09 PM.

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                          • He's the new Bernard Hickey.

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                            • With or without attitude?

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                              • If Selena is Chinese, then I feel sorry for her.

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