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Sadly NZ is becoming very expensive place to live ...very far from overseas markets ...woke leaders + anti primary industry ... the land of the retirement rich .. the ever increase divide of struggling masses with a percent of well off property rich kiwis hoping there key assets don't implode in value...Last edited by JBM; 03-10-2023, 10:11 PM.
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Yes, it sure is and that's just a start for a period of much higher Oil prices ... and guess what that's going to do to NZ Inflation numbers .. I think we will see another rate hike or two and rates to stay higher for longer ...
Why... because of the Anti -OIL fossil fuel factors that...
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It's simply a liability ... If I was in your position I'd be trying my best to get as much of my capital back ASAP ... yes maybe holding for longer you might make a dollar or two 5-10% in a couple years etc.... but really once you take out all the costs the extra $$ your paying the fact this rates could...Last edited by JBM; 13-09-2023, 10:25 PM.
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attacking the primary industry more costs more BS ..COVID FEAR(aka the flu/cold) scam enforcing lockdowns , GOVT spending millions on COVID crap,, and enticing kiwis to take on ever bigger loans as rates would stay low for many years right ??.. Anti cheap energy ... employing tens thousands of bureaucrats...
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