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[Perry]

I'm not forgetting those things, at all. But they are just inflation-adjusted numbers. Numbers which do not change the cold, hard fact that the much-vaunted capital gain was a mirage. Just so much smoke, wires and mirrors.

[Perry]

<Gets out harp>
It's not a capital gain! If it was, then, if your portfolio had doubled from a gain in capital value, you'd be able to sell your portfolio and buy double the number of rentals with that gain.

You can't - of course. Because there was no gain. Just a change in...

[Perry]

And of those who stay at home on the couch, courtesy of the rest of NZ's working taxpayers?...

[Perry]

Which particular 'rot' did you have in mind? ...

[Perry]

I think that a masterly policy of silence would've been better. Wait for the attack - rather than inviting it.

The NZ MSM are gummint stooges and propagandists under the present socio-commie lot.

Will National be any different?

If National has said / says they'll...

[Perry]

Indeed - she should've. Residential rental PIs have enough angst directed at them, without that!...

[Perry]

And from whence shalt they come? Couch
potatoes prevail as the socio commie gummint
pays them for their votes with rewards greater
than most businesses can afford....

[Perry]

Agreed. Those with a bad credit record, or who simply look risky based on an ability-to-pay assessment won't get a second look from a bank. The 25 percenters are likely with the lenders of last resort....

[Perry]

Remember that it's all "smoke and mirrors." Numbers on a piece of paper. An IP is a hedge against inflation; against the erosion of the purchasing power of a NZ dollar. Further, just because the numbers go up (not the same as 'value'), doesn't mean that tenants can afford triple the rent....

[Perry]

How's about charwoman Mao Hoota for PM and wee Willie Wonky for deputy?

Then it could be, vive la revolution!

I wonder if nothing short of that will stir apathetic kiwi sheople from their moribund torpor?

It does seem that comrade commissar Cindy was a puppet and...

[Perry]

A delightfully doctored video . . . ?
...

[Perry]

I know it's fatuous, but if those who are wishful candidates thought for a moment . . . "wonder how the Titanic captain felt?"
If any real thought happened, there would be no nominations.
Lose an election and lose your job....

[Perry]

Stick to the same - no significant policies to announce - vacuum.

Just shuffle a few shadow portfolios.

Although I think abolishing the Apartheid-based health system changes are also on the gNats revocation list.

I can only imagine the furore going on with charwoman...

[Perry]

Well, I can now safely predict a change of prime minister.

Oh - so long as my hens keep laying, Perry should not be short of eggs.

[Perry]

The matter of a CCC and / or CoC has come up, before.

https://www.propertytalk.com/forum/f...ges#post728360

https://www.proper...

[Perry]

But what if that someone is o'seas - outside the NZ economy?

Don't we often get told that the Oz banks source little of their loan money domestically?

Plus there's the awkward matter of credit creation. (Erroneously called 'money printing.')

It was an illusion...

[Perry]

But banks have debt, too, don't they?
If so, that adds a fourth option:
The bank uses your $500 to pay off some debt.