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Happy New Year - Rent Rise Protests

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  • Happy New Year - Rent Rise Protests

    Happy New Year!

    In another discussion 'is buying cheaper than renting' - a user mentioned 'asking prices for rents will climb steeply this year' however this may be thwarted if 'renters protest and Jacinda and co. impose a rents freeze.

    See here (click the image) - the call to protest....

    Click image for larger version  Name:	renters-tax-credit.png Views:	0 Size:	3.6 KB ID:	722923


    Stranger things have happened.

    cheers,

    Donna
    SEARCH PropertyTalk, About PropertyTalk

    BusinessBlogs - the best business articles are found here

  • #2
    I wouldn't take Bomber (author) too seriously.
    I used to sell to him in the early 90s.
    I grew up, he didn't, he still dresses like and thinks it's 1993.

    He's almost 50 and hangs out with university students.

    Comment


    • #3
      Comrade socialist Cindy is a closet commie, so expect the worst.

      As I've mentioned before, LLs will be used as the sacrificial lambs / whipping boys for the abject failure of Comrade socialist Cindy and her commie pals gummint's housing policies. (If they ever had anything realistic.)

      [Where the hell have the albums gone?!]

      Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

      Comment


      • #4
        Perry,

        Click on your name then in drop down select 'my profile' and then 'media'

        cheers,

        Donna
        SEARCH PropertyTalk, About PropertyTalk

        BusinessBlogs - the best business articles are found here

        Comment


        • #5
          Originally posted by Perry View Post
          Comrade socialist Cindy is a closet commie, so expect the worst.

          As I've mentioned before, LLs will be used as the sacrificial lambs / whipping boys for the abject failure of Comrade socialist Cindy and her commie pals gummint's housing policies. (If they ever had anything realistic.)

          [Where the hell have the albums gone?!]

          Hmm. You could be right Perry.

          Do you sense the worm has turned and the lovefest for Labour / Jacinda is dissipating?

          Obviously the Government can’t take responsibility for not building all the houses it promised or flooding the market with cheap money, or quick RMA / zoning changes, or rental shortages or new highs in wait lists for public housing.

          I’m sure the drum will get louder for rent controls even if such controls don’t fix the underlying causes of rental increases and lead to increased scarcity of rental property.

          Landlords as villains, yes, that works politically.

          It’s a case of hey Landlords, keep your prices down, but by the way your land tax (rates) just went up 10 percent, house insurance costs are soaring (>150% over past decade), healthy homes imposes added costs, operating losses are ring-fenced, depreciation on aging buildings is forbidden etc. etc.

          Comment


          • #6
            Originally posted by Sanya View Post

            ..
            I’m sure the drum will get louder for rent controls even if such controls don’t fix the underlying causes of rental increases and lead to increased scarcity of rental property.
            ...
            The number of people compared to the number of houses.
            That's the main thing.

            Building houses is slow and expensive, more so the supporting infrastructure.
            By contrast, for a person ( from another country) to jump on a jet and fly here is almost instsntanious.
            ( pre Covid ).

            So I see super tight immigration as the main key.
            Really checking and double checking those supposed job's" that can't be met with local skills".
            Five year follow-ups ..
            And simply returning those people right back to source.
            300k fines to the employers that lied.
            (Once you give huge fines, you get huge revenue to grow your govt agency, and motivation to succeed).
            Quite frankly, I know for sure it's all a fraud.

            I do have huge sympathy for people from overcrowded places, just wanting a little breathing space.
            But we can't help anyone if we put ourselves in a hole.

            I still remember looking down from a tall building in Shortland street, and watching an immigrant parking warden, giving an immigrant taxi driver a ticket for parking on the footpath.

            Two total jobs that didn't ever need to exist.

            I was so curious that I went down and had a chat to both of them.
            Very nice people, with interesting life stories.
            I would be proud to call either one friend.

            But of no use to our country at all.
            Except possibly to use up houses, and push down wages.

            Last edited by McDuck; 06-01-2021, 07:23 AM.

            Comment


            • #7
              Originally posted by McDuck View Post



              But of no use to our country at all.
              Except possibly to use up houses, and push down wages.
              We'll at least there working and contributing to society.
              Half my extended family can't hold down a job the other half have never had a job in there life.
              Obviously you have not owned or managed a business, When I hired I would have preferred kiwis less paperwork.. but the only kiwis available were as helpful as a sack of potatoes.
              And the primary goal for any company is to grow.

              All anglo-saxon country in the western world are having less children each generation, it will eventually be the same in Asia and Africa over the next century.

              So you will get your wish McDuck, an Earth polluted less by humans..it's just you or I won't be around to see it.

              So New Zealand needs to tripple in population to be mildly relevant in the world or end up like Tonga..a small insignificant island nation ruled by a wannabe aristocrat King.
              And if you say that's a good thing you need to move to or at least visit Kaikohe.

              Comment


              • #8
                Originally posted by McDuck View Post

                The number of people compared to the number of houses.

                That's the main thing.

                Building houses is slow and expensive, more so the supporting infrastructure.

                Agreed. Supply is the central issue.

                Build lots of shiny new houses to met and even exceed demand just as we did in Christchurch under the Key Government and both house prices and rents stabilise.




                Originally posted by McDuck View Post


                I do have huge sympathy for people from overcrowded places, just wanting a little breathing space.

                But we can't help anyone if we put ourselves in a hole.


                Yes, I share your sympathy. Overcrowding is a horrid consequence of housing supply shortages and increasing rents.



                Comment


                • #9
                  Originally posted by Sanya View Post


                  Agreed. Supply is the central issue.

                  Build lots of shiny new houses to met and even exceed demand just as we did in Christchurch under the Key Government and both house prices and rents stabilise.
                  Strongly disagree , I'm afraid.

                  House supply will never catch up, as long as the flood gates are open to immigration abuse.

                  I see super tight immigration as the main key.

                  Really checking and double checking those supposed job's" that can't be met with local skills".
                  Five year follow-ups ..
                  And simply returning those people right back to source.

                  300k fines to the employers that lied.
                  (Once you give huge fines, you get huge revenue to grow your govt agency, and motivation to succeed).

                  Quite frankly, I know for sure it's all a fraud.






                  Comment


                  • #10
                    Originally posted by McDuck View Post

                    Strongly disagree , I'm afraid.


                    (Once you give huge fines, you get huge revenue to grow your govt agency, and motivation to succeed).







                    Sounds like you would fit quite well into communist North Korea.

                    Comment


                    • #11
                      Originally posted by McDuck View Post
                      Strongly disagree , I'm afraid.

                      House supply will never catch up, as long as the flood gates are open to immigration abuse.

                      I see super tight immigration as the main key.
                      I disagree.

                      Immigration is red herring, a bogeyman used to blame housing shortages and soaring house prices.

                      Contributing factor for sure, but the thesis that immigration is central is New Zealand’s housing problems has been discredited by recent public policy research findings (2019, funded by MBIE).

                      Aside from that, observationally, for a large part of 2020 the immigration tap was all but turned off apart from returning New Zealanders and some short term travellers. Yet nationally, median house prices rose by twenty per cent (19.8%, REINZ) and households waiting for state or social housing increased by over fifty per cent to almost 22,000 eligible households (53.3%, MSD).

                      Super tight immigration policy is the solution you say? Well it doesn’t come tighter than 2020 does it?

                      Yet, soaring house prices, ballooning waiting lists for social housing and over $100 million spend by Government to house people in Motels in 2020 – when the immigration tap was all but turned off – illuminates the core issue.

                      Demand for housing exceeds supply. That is a core problem. Rent controls won’t fix that. Super tight immigration won’t fix it either. A program for mass state house production is needed.

                      Comment


                      • #12
                        Originally posted by Sanya View Post
                        Immigration is red herring, a bogeyman used to blame housing shortages and soaring house prices..

                        Pure logic tells you that people to house ratios are the main thing.
                        Where do you suppose most new people have come from?


                        Originally posted by Sanya View Post
                        Contributing factor for sure, but the thesis that immigration is central is New Zealand’s housing problems has been discredited by recent public policy research findings (2019, funded by MBIE)
                        .

                        Could you point me to your data please, that way I can tell you what they missed.


                        Originally posted by Sanya View Post
                        Aside from that, observationally, for a large part of 2020 the immigration tap was all but turned off apart from returning New Zealanders and some short term travellers. Yet nationally, median house prices rose by twenty per cent (19.8%, REINZ) and households waiting for state or social housing increased by over fifty per cent to almost 22,000 eligible households (53.3%, MSD).
                        Super tight immigration policy is the solution you say? Well it doesn’t come tighter than 2020 does it?
                        Yet, soaring house prices, ballooning waiting lists for social housing and over $100 million spend by Government to house people in Motels in 2020 – when the immigration tap was all but turned off – illuminates the core issue.
                        .

                        Your error in thinking here, is to incorrectly assume the shortage now is caused now.
                        That like saying a fat person is fat because of what they ate for breakfast today.
                        It's accumulative, over time.


                        Originally posted by Sanya View Post
                        Demand for housing exceeds supply. That is a core problem. Rent controls won’t fix that. Super tight immigration won’t fix it either. A program for mass state house production is needed.

                        Again, incorrect,

                        You will never house and feed the whole rest of the world in little old NZ.
                        You'll just stuff us up totally.


                        The only way forward is to dribble feed immigration slowly.
                        To allow housing and infrastructure to catch up.
                        Then closely manage future immigration to match our ability to deliver houses, schools, and law and order to them.

                        Another thing would be to audit all Govt immigration depts. to see who got their aunties and uncles in.
                        Also audit large companies, to see who hired their brothers and aunties and friends from overseas, with out advertising jobs locally first.
                        Fire them, fine them, and send every cheater home.
                        Last edited by McDuck; 07-01-2021, 10:03 AM.

                        Comment


                        • #13
                          McDuck.

                          The world is changing, you and your views are becoming obsolete .

                          How do you think my ancestors felt when you're ancestors flooded the country?

                          We told you to go home, your taking our Land, our natural resources...did all our complaining and even a militia land war help?

                          No.

                          Learn from our failings or your off spring will become white trash sharing caravans with brown trash.

                          Take some advice to pass on your grandchildren.

                          The reason why Maori are broke is because we failed to adapt to change.. weak minded and living in the past.

                          Comment


                          • #14
                            Originally posted by McDuck View Post
                            [...]
                            The only way forward is to dribble feed immigration slowly.
                            To allow housing and infrastructure to catch up.
                            .
                            And how exactly is housing and infrastructure going to catch up without a large scale building program to increase supply?

                            We learned from the post earthquake rebuild experience in Christchurch how this can work.

                            The earthquakes were terrible but they brought one very big and important change. Councils on the fringes of Christchurch City started getting very serious about allowing new building. More housing became available and rents dropped. Furthermore, Christchurch became New Zealand’s most affordable major urban housing market with housing at 5 times median household income vs. over 9 times in Auckland and 7 times in Wellington.

                            We know the answer, but sadly, we don’t have a Government who can deliver.
                            Last edited by Sanya; 07-01-2021, 01:07 PM.

                            Comment


                            • #15
                              Originally posted by Sanya View Post

                              And how exactly is housing and infrastructure going to catch up without a large scale building program to increase supply?
                              Just stop all immigration, and it will catch up soon enough.

                              Although I have my doubts that the type of dwellings being built at the moment are not going to cause other problems.



                              Comment

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