How international market forces affect NZ property

[Perry]

. . . and the system has you in chains.

Which slavish system is that?

The "trying to impress your friends and family" system?

Something else?

[Jeffa]

^If you’re from the big cities, in your 40s and purchased your first house 20 years ago, you should already be retired or at the very least semiretired.

If your in your 40s, on your 3rd upgraded home trying to impress your friends and family , another million or so mortgage for the next 30 years, 2 Teslas on tick you are still a tax slave and the system has you in chains.

[Jeffa]

https://x.com/stclairashley/status/1697332269931733309?s=46

Watch the clip attached to this tweet, Lord Jeffa can inform them what they need to do, but it’s getting too late for some .

The system is designed to turn sheeple into tax slave from school

The women in this clip are of child bearing age usually early 20s youthful and will never be this beautiful ever again, their window is very small, only 3 to 4 years

Why would they want to put themselves in debt with a university degree, just to join the corporate tax slave world for the rest of their lives?

They should be bagging a 8 to 10 top shelf husband material in his early 30s entering middle management salary or higher, she can retire in her early twenties and control the household finances and investments, it’s a multi billion dollar industry being a house wife in Japan, Remember, women choose men not the other way around, at 20 years of age they can choose a mate well outside their social economic circle and be sorted for life

As for the men

Its the total opposite

You start from the gutter in your early 20s, you work your way up the corporate ladder or chosen industry

As a man, you are judged on how high a mountain you can climb , you are the hunter, the provider

This has been the way for thousands of years, it’s only the beast that brainwashes young people into corporate tax slave mentality, bad debt, keeping up with the neighbours and all that bs that keeps you a tax slave well into your 70s

You only have one shot at life

Why waste it?

[Jeffa]

^^I just spent $40,000 dollars on a new Harley Davidson to add to the $50,000 worth of motorcycle toys I have sitting in my garage looking sexy not too mention I own 2 Teslas I personally never use

Im learning Turkish(not very successfully) for my upcoming trip to Europe for business & pleasure in a few weeks

cashflow fail?

please,

dont make me laugh

inflation only affects the poor and stupid

not rich pricks like King Jeffa..

https://x.com/stclairashley/status/1697332269931733309?s=46

[McDuck]

ANZ /Westpac forcasting the RBNZ will increase rates again in October or November

Here's the problem...
If I can understand this, why can't the Hobbits in Wellington understand it?

Maybe you are missing something?
Maybe you are choosing the outcome that suits your agenda and not being impartial?
Maybe you are close to cashflow fail and your mind is refusing to accept the inevitable?
Maybe inflation is far more dangerous than you think?
Maybe there is a dramatic shift in the global order and you are still using old order thinking?
Maybe maybe maybe.

[Jeffa]

ANZ /Westpac forcasting the RBNZ will increase rates again in October or November

Here's the problem

We are already in a recession or atleast in and out of one, so no economic growth is as good as a recession

If Adrian Orr hikes rates in a few months, he will be gone with the new incoming government.

An increase to the OCR could push the kiwi dollar down below 55c

We will just be importing inflation on imported goods like medicine, oil, building etc.

This will also push up food prices as our weaker dollar will be fighting against stronger currencies, think yuan,pound,euro , greenback to buy our own lamb chops,cheese on toast and double cream latte at an even higher price

I mean, how many kiwis can actually afford a holiday in Queenstown, well alot less if the kiwi drops below 55c


Didn't we just enter a free trade deal with the British and the European union?

If I can understand this, why can't the Hobbits in Wellington understand it?

[Frezzinghot]

^^US interest rates unlikely to increase, US inflation already at targeted range of 2 to 3%

US Labour market already slowing

Inflation is dead

Increasing rates here or anywhere else in the world is just going to put you in the same boat as China and NZ for that matter

Dead economies living off whatever life support it can scavenge from immigration.

Like China, the only way to save New Zealands economy is restart QE and began lowering rates

US is already printing money, but hiding it in other forms such as lending for funding programs for dying bank's.

This is why Adrian Orr will be gone after the election, he will be pushed out by the nats, the next governor hopefully won't be so woke and start printing money and feed the banking system on the down low.

(Yes, yes McDuck, I know this upsets you, I'm just predicting what I believe will happen, and as this thread shows I'm usually right)

All heil king Jeffa!

[Jeffa]

^^US interest rates unlikely to increase, US inflation already at targeted range of 2 to 3%

US Labour market already slowing

Inflation is dead

Increasing rates here or anywhere else in the world is just going to put you in the same boat as China and NZ for that matter

Dead economies living off whatever life support it can scavenge from immigration.

Like China, the only way to save New Zealands economy is restart QE and began lowering rates

US is already printing money, but hiding it in other forms such as lending for funding programs for dying bank's.

This is why Adrian Orr will be gone after the election, he will be pushed out by the nats, the next governor hopefully won't be so woke and start printing money and feed the banking system on the down low.

(Yes, yes McDuck, I know this upsets you, I'm just predicting what I believe will happen, and as this thread shows I'm usually right)

[Sanya]

China intensified efforts to stimulate the economy and support its currency, as investor concerns over the growth outlook persist.

This will be interesting to watch.

US interest rates seem likely to continue to increasing whereas the People’s Bank of China already appears poised to cut lending rates further, in order to encourage borrowing.

As a result, expect to see continued devaluation / weakness of the Yuan vs. the USD. This will make China's exports even more competitive.

Don't write off China. The country has a long track record of flourishing amid instability and crisis.

[Jeffa]

China intensified efforts to stimulate the economy and support its currency, as investor concerns over the growth outlook persist.

The central bank will trim the amount of foreign currency deposits banks are required to hold as reserves for the first time this year, the People’s Bank of China said on Friday. The move came hours after authorities announced fresh stimulus for the beleaguered property sector and unveiled plans to expand tax breaks for child and parental care and education.

This is likely in retaliation to strong US gdp numbers this week

It also adds to my bull case of house prices tripling in our big cities from last year’s lows

[McDuck]

This woke Hobbit from the Shire brings Lord Jeffas predictions from last year ..

Sorry KJ.
No one thinks you have predicted anything.
Just made vague hints inn almost every direction.
You want to show skills?
You know the deal.
Pick an exact property. Set time, dat,e location etc. Quote value.
Pick an exact date in 12 moths time. Say that same property's value then.
We'll get back to you in 12 moths to judge your success.

Say if inflation is included.

[Jeffa]

This woke Hobbit from the Shire brings Lord Jeffas predictions from last year ..

[McDuck]

^^

Billionaires "looking for acres of land on the water, so they can park their launch, but also have room to land their helicopter" will still likely need OIO permission.

A better Idea would be to declare Kauau island as an independent sate and make it a tax haven like Jersey.
Mike Hosking would be bugged by all the helicopters, but meh, you gotta do what you gotta do.
Send him some earplugs.

[Sanya]

^^

Billionaires "looking for acres of land on the water, so they can park their launch, but also have room to land their helicopter" will still likely need OIO permission.

[Frezzinghot]

https://i.stuff.co.nz/business/132855849/us-billionaires-eyeing-up-auckland-as-national-party-teases-lift-of-buyer-ban

will NZ once again be the haven for billionaires worldwide to come and park their money? Will this lead to the boom of all booms? (RHF)

“If you look at Te Arai - where else can you have such close access to three of the world’s highest ranked golf courses? With it being opened up to the American buyer pool, that type of property could triple in value.”