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Type: Posts; User: Davo36

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  1. Replies
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    Sticky: Of course it was a conflict of interest. All...

    Of course it was a conflict of interest.

    All his investments were in a blind trust, so he couldn't see where his money was being invested. But he could certainly see the value of his house going...
  2. Replies
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    Things like water reticulation and land use...

    Things like water reticulation and land use planning are not really the same thing in my opinion.

    Wayne, you gave the example of Jakarta. Well I'll give the example of Tokyo. In Tokyo you can...
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    This seems to be the crucial bit: "Lacking a...

    This seems to be the crucial bit:

    "Lacking a comprehensive piped water network, industry and homeowners have tapped into the city's aquifers, causing rapid subsidence in northern Jakarta, home to...
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    Yes, councils have played a large part in the...

    Yes, councils have played a large part in the underdevelopment of houses.

    And yes, with these ones on wheels they're missing out on all the resource consent fees, development contributions,...
  5. I took it down because it was a bit negative and...

    I took it down because it was a bit negative and also contained info on ex tenants who hadn't paid etc. One of whom went to jail - so I thought - he's done his time, no point ruining his life.

    Got...
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    Yep we are bringing in 70k people per annum and...

    Yep we are bringing in 70k people per annum and not building hardly any houses...
  7. Very good.

    Very good.
  8. Well I've been thinking things are overvalued for...

    Well I've been thinking things are overvalued for about 6 years... House/apartment prices are just crazy. But there you go, they seem to take a pause for a bit then go up again. Go figure.

    The...
  9. If you don't like Rosehill, you probably won't...

    If you don't like Rosehill, you probably won't like the rest of Papakura.

    If you live there, hop in your car and drive around.
  10. Replies
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    I'm in the camp that if Bernard says something...

    I'm in the camp that if Bernard says something won't happen, then it will.
  11. Thread: Interest Rates

    by Davo36
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    945,465

    Beano you often say that commercial floating...

    Beano you often say that commercial floating rates are lower than 12 month fixed. I can tell you for us investors who borrow a lot less than you, this is not the case. The floating rate is at least...
  12. Another crap article by Stuff. The headline says:...

    Another crap article by Stuff. The headline says:

    But the article goes on to say how arrivals are still high and there's more residency permits to process than there was previously.

    Processing...
  13. Yeah I actually think there's an exemption you...

    Yeah I actually think there's an exemption you can get (as a developer) as well.

    But isn't it funny how everyone was saying they only make up 3% of purchasers but now sales have fallen off a cliff?
  14. SwissKiwi, wow, you haven't posted here for...

    SwissKiwi, wow, you haven't posted here for years! Welcome back.

    eri, the overseas buyers can still buy apartments off of plans right? So the FBB shouldn't stop them really? I reckon it'd be the...
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    I agree with the first part.

    I agree with the first part.
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    Got a link to what you are talking about?

    Got a link to what you are talking about?
  17. Yep, the RBNZ (and other central banks like the...

    Yep, the RBNZ (and other central banks like the RBA) and the government are doing everything they possibly can to keep the property bubble inflated.

    The RBNZ will probably lower the OCR again...
  18. You and your difficult questions mate.

    You and your difficult questions mate.
  19. Replies
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    And that's if they're lucky and the whole shebang...

    And that's if they're lucky and the whole shebang doesn't blow up.
  20. Oh so you were supposed to not only book 2...

    Oh so you were supposed to not only book 2 inspections, but in a certain order? The fence one first? F**k me.

    But offering the amazing service they do, he got the 'first inspector' guy over...
  21. That is funny. Did one say "Oh a fence, sorry...

    That is funny.

    Did one say "Oh a fence, sorry mate, I'm not a fencing expert!" and the other one says "I wouldn't know a spa pool from an olympic pool, I just measure the fences"

    2 people, 2...
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    I think you need to have a chat with them. They...

    I think you need to have a chat with them. They seem to have taken shared property for their own use.

    Are your other tenants complaining?
  23. It's behind a pay wall dude. But basically...

    It's behind a pay wall dude.

    But basically what I think it says is that the 7% interest rate used for serviceability calculations has been removed and in it's place a 2.5% buffer has been...
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    Well the US economy seems to be welded to the...

    Well the US economy seems to be welded to the fact that they have to have constant war. The 'defence' industry is a huge part of their economy and so they require a list of new countries to invade. ...
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    Maybe, in like Bhutan or somewhere, but...

    Maybe, in like Bhutan or somewhere, but everywhere else it's GDP of course. Nonsense measure but there you go.

    Yes, associated with stamp duty, the state governments are hooked on a constant...
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