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  • Nick G
    replied
    Giddy. Up.

    Leave a comment:


  • Perry
    replied
    Originally posted by Don't believe the Hype View Post
    Govt meddeling in the market will create opportunities - it won't be all bad.
    Agreed. There will always be some who will do well out of unintended consequences caused by the W'gton woodenheads.

    Leave a comment:


  • Don't believe the Hype
    replied
    Originally posted by Perry View Post
    The only thing about that is that we should not be surprised.

    Watching them make matters worse will not be pretty.
    Govt meddeling in the market will create opportunities - it won't be all bad.

    the first opportunity I've seen is to improve profitability from my existing portfolio.

    Leave a comment:


  • Perry
    replied
    Originally posted by artemis View Post
    The current government does not have a coherent plan for what is a highly complex housing situation.
    The only thing about that is that we should not be surprised.

    Watching them make matters worse will not be pretty.

    Leave a comment:


  • Perry
    replied
    Are you assisting with vendor finance?

    Leave a comment:


  • donna
    replied
    Fingers crossed our tenants will buy the IP we've decided to sell. They've been in the property nearly 10 years. We're coming to the party by not being greedy as we genuinely want them to buy it. They're first home buyers.

    cheers,

    Donna

    P.S. we'll be on the right side of the deal too (of course) - we're not giving it away.
    Last edited by donna; 14-01-2018, 09:02 AM.

    Leave a comment:


  • artemis
    replied
    Originally posted by Perry View Post
    .....

    What bothers me most about this sort of thing is just why is it that the W'gton woodenheads never learn.

    Never.
    The current government does not have a coherent plan for what is a highly complex housing situation. There are very many levers and fiddling with them without taking into account - or even understanding - the many factors is just going to move stuff around. And piss off many investors, tenants, immigrant, buyers while pretending to solve something.

    Without saying or even knowing what that something is.

    Leave a comment:


  • Perry
    replied
    Tell that to the do-gooder socialists in W'gton.

    They wont believe you.

    Or if they concede, they'll do something extra/else that'll make matters even worse.

    They seem to think that they can legislate away all life's problems.

    What bothers me most about this sort of thing is just why is it that the W'gton woodenheads never learn.

    Never.

    Leave a comment:


  • Learning
    replied
    Originally posted by donna View Post
    Are Landlords fleeing the market due to rules and regulations changes or is it just rate of attrition due to older Landlords selling up?
    I personally know two M&D LL’s who have just sold up out of fear of new and possible up and coming “anti-LL” laws. Neither are considering retirement just yet.

    Six 1 & 2 br flats all snapped up by other more resilient investors. No first home owners were made in the signing of these transactions and only tenants were harmed with rent increases. Win for .....?

    Leave a comment:


  • Perry
    replied
    Originally posted by Aston View Post
    Hopefully first home buyers will get the opportunity to purchase some of these properties.
    Not necessarily.

    I know at least two local LLs whose tenants would like to buy their rentals.

    They can't afford to.

    I suspect that will be a very common problem, nationwide.

    Leave a comment:


  • donna
    replied
    What's not being mentioned is a lot of Landlords are baby boomers so they're just selling up as planned for their retirement. I'd like to see a journalistic piece on that.

    Are Landlords fleeing the market due to rules and regulations changes or is it just rate of attrition due to older Landlords selling up? I'll see if Diana Clement is interested in doing it.

    cheers,

    Donna

    Leave a comment:


  • Perry
    replied
    Just another bit of speculation, really.
    Growing numbers of mum and dad investors are looking to ditch their property investments on the back of tougher landlord conditions, according to the boss of a peer to peer mortgage lender.
    Get back to us, after the fact, people.

    Leave a comment:


  • Keys
    replied
    The one question asked initiated a greedy landlords response.

    Pity they didn't ask (or at least publish) the question: How is a tenant child different from an owner child?

    Leave a comment:


  • tim360
    replied
    When the Herald puts quote marks around words in their headlines it means rubbish clickbait.

    What percentage of property investors selling equates to ‘fleeing’ the market?

    Leave a comment:


  • PC
    replied
    Just wait until they put taxes up on tenants again.
    Good bye -ve gearing, hello more rent rises.

    Shares, commercial property and overseas investments instead me thinks.

    Leave a comment:

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