Header Ad Module

Collapse

Announcement

Collapse
No announcement yet.

Conspiracy Theories

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Originally posted by Jeffa View Post

    Haha excellent you have a good understanding of how corrupt the system is...use it to your own benefit.
    I have learnt many things through 82 pages of this thread! I’m now changing minds of those who choose to listen.
    "DEBT BECOMES IRRELEVANT WITH INFLATION".

    Comment


    • Meanwhile in the UK, the bat virus is mutating.....Baaaa
      "DEBT BECOMES IRRELEVANT WITH INFLATION".

      Comment


      • Originally posted by Frezzinghot View Post
        Yes, investors with multiple properties and equity this won’t really be a factor, I’d say newbie investors would find it tough, especially if they have just brought there own home. Looks as if ANZ have just helped out long term investors
        That is an interesting point.

        This first tactic is to stop the problem getting worse.
        It's what I call a "secure the perimeter" move.
        The second phase would be to" hunt down and disable insurgents".

        Cutting the supply lines is the easiest way for them to do that.
        What investor group is the next low hanging fruit?
        What investor group would yield the biggest amount of free houses to the pool, if you changed the rules.
        What rules would you change?

        An interesting tactical game.

        Ps I've been touring the new high density housing locations.
        I was mistaken,
        I thought they were getting two or three houses per site.
        Nope, they are getting six.
        And they are quite appealing,







        Last edited by McDuck; 15-12-2020, 11:05 AM.

        Comment


        • Hopefully this pushes back any talk of debt to income ratios.. that stops everyone from buying.

          Most in the media and finance don't want to admit it's owner occupied and first time home buyers pushing up house prices

          Comment


          • Originally posted by McDuck View Post

            That is an interesting point.

            This first tactic is to stop the problem getting worse.
            It's what I call a "secure the perimeter" move.
            The second phase would be to" hunt down and disable insurgents".

            Cutting the supply lines is the easiest way for them to do that.
            What investor group is the next low hanging fruit?
            What investor group would yield the biggest amount of free houses to the pool, if you changed the rules.
            What rules would you change?

            An interesting tactical game.

            Ps I've been touring the new high density housing locations.
            I was mistaken,
            I thought they were getting two or three houses per site.
            Nope, they are getting six.
            And they are quite appealing,






            Or you could say they are patching a hole with straw, it just won’t hold water! The unintended or intended consequence of printing billion & billions of dollars. Whatever whatever, what I see is 9 months ago we had this huge pandemic that was going to kill everyone, my how times changed, it’s all location location location now, and how do we fix house price inflation.

            I suppose the real pandemic was the massive wealth transfer taking place.

            Anyway get on board the gravy train, toot toot!
            "DEBT BECOMES IRRELEVANT WITH INFLATION".

            Comment


            • This is the exact reason I invested a lot of my capital off shore.


              "Specifically, we - homeowners, local and central government and the general public - need to be willing to accept a lack of capital gains in housing, or even be willing to stomach a fall in our asset values, while incomes catch up."

              https://www.rnz.co.nz/news/business/...doesn-t-add-up

              Comment


              • Yay!

                More tax slaves wanted please learn how to apply at our public school system.

                "Treasury warns more tax needed to plug Government spending hole, house prices will keep rising"

                https://www.stuff.co.nz/national/pol...ll-keep-rising

                Comment


                • Originally posted by McDuck View Post

                  Ps I've been touring the new high density housing locations.
                  I was mistaken,
                  I thought they were getting two or three houses per site.
                  Nope, they are getting six.
                  And they are quite appealing,
                  I just finished a day tour with a developer.
                  Just saw 9 dwellings on a single site.
                  Had 1, was removed, and now has 9.
                  Tight fit.

                  Comment


                  • Originally posted by McDuck View Post

                    I just finished a day tour with a developer.
                    Just saw 9 dwellings on a single site.
                    Had 1, was removed, and now has 9.
                    Tight fit.
                    Not all property investments are equal.

                    Comment


                    • Originally posted by McDuck View Post

                      I just finished a day tour with a developer.
                      Just saw 9 dwellings on a single site.
                      Had 1, was removed, and now has 9.
                      Tight fit.
                      Advice for Mr McDuck.

                      Don't buy off the plans... you lose most of your capital in the new building materials.

                      Don't buy new..see above .

                      The only one who makes money instantly is the property developer and the mortgage broker who tried to sell you off the plan with only 10% down!!.. you will make capital in the next cycle. 7 to 10 years later.

                      Develop a project yourself.
                      Last edited by Jeffa; 15-12-2020, 07:35 PM.

                      Comment


                      • Absolutely, they are a trap. Plenty other good deals out there to go after, getting the money is the thing to watch out for.

                        Also central city shoe boxes id stay well clear of.
                        "DEBT BECOMES IRRELEVANT WITH INFLATION".

                        Comment


                        • Originally posted by McDuck View Post

                          I just finished a day tour with a developer.
                          Just saw 9 dwellings on a single site.
                          Had 1, was removed, and now has 9.
                          Tight fit.
                          An example is if a developer builds 20,000 shoe box units on the Unitec site in Mount Albert ,a stand alone house will always appreciate better down the road ,when the new shoebox unit will likely have very little capital gains because there's an over supply of them...not a tidy free standing house down the road. We're does the high paying professional couple want to live?

                          Maybe a High quality build in a blue chip neighborhood of no more 4 townhouses or larger quality apartments with a view, near cafe's or sea views will appreciate well...not all investment's are the same.

                          I invest in blue collar suburbs because there's ample first time home buyers wanting to buy something affordable with a piece of dirt to mow...not the 3 story ghetto blocks kaianga ora are building down the road.
                          Last edited by Jeffa; 15-12-2020, 11:25 PM.

                          Comment


                          • Originally posted by Frezzinghot View Post
                            Absolutely, they are a trap. Plenty other good deals out there to go after, getting the money is the thing to watch out for.

                            Also central city shoe boxes id stay well clear of.
                            Oh yes, agree.
                            I just like to collect my data personally.

                            Getting into the mindset of the developers.
                            listening to the ignored advice of the agents.
                            Seeing the thinking of the potential occupiers.
                            Calculating the knock on effect to the local infrastructure, schools, transport, etc.
                            (police...hospitals.. courts)..hint hint.

                            The unitary plan probably needs tweaking, but it may be too late.
                            We need a wax museum of the infamous, so Goff and Orr can be preserved in frozen glory, as an example of what not to do.
                            ha, it would be a pretty full place.

                            And from a mathematical or measuring perspective,
                            It struck me that the word "dwelling" has now become debased.
                            (Just like adding base metal to a silver coin).

                            It seems everything is being watered down.
                            This has got to render all the Govt and Bank and Council calculations incorrect.

                            The net gain to the whole system is negative.

                            I was interested from the point of view that:
                            Black Monday was caused by a miscalculated skew.
                            Well, totally unthought of skew, as it turned out.
                            And I see this sort of miscalculation occurring now again, but from another direction.


                            Dilution. Debasement. Water down. QE.

                            Last edited by McDuck; 16-12-2020, 06:18 AM.

                            Comment


                            • Assets will protect you against inflation or deflation.. they will always ride the waves up.

                              20% of all the world's currency was created in a single year.

                              Massive inflation will begin when we return to full employment in a few years...have you prepared?
                              Last edited by Jeffa; 16-12-2020, 10:47 AM.

                              Comment


                              • Originally posted by Jeffa View Post
                                Assets will protect you against inflation or deflation.. they will always ride the waves up.

                                20% of all the world's currency was created in a single year.

                                Massive inflation will begin when we return to full employment in a few years...have you prepared?
                                Am banking on it, saw a broker today and the good news is she thinks we can borrow another 750k!

                                so early next year we will be looking to add to the portfolio, even with the 40% deposit rules looming, the equity just continues to grow uninhibited.
                                "DEBT BECOMES IRRELEVANT WITH INFLATION".

                                Comment

                                Working...
                                X