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Type: Posts; User: flyernzl

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  1. Replies
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    The poor starving Lawyers must be fed first.

    The poor starving Lawyers must be fed first.
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    Poll: I have an email fro MBIE that states...

    I have an email fro MBIE that states unequivocally that they consider residential rentals to be a business.
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    Poll: The silly thing is that the Govt has bought in an...

    The silly thing is that the Govt has bought in an allowance of $5000 for a capital expense write-off for one year to encourage landlords to spend, and then imposed the ring-fencing which will deter...
  4. No Government has a good track record of 'Picking...

    No Government has a good track record of 'Picking Winners'.
  5. So many of the proposed jobs - eg possum hunting,...

    So many of the proposed jobs - eg possum hunting, weed removal, track building - are not actually viable options for a 45+ year old sedentary office worker.
  6. No doubt they consider that they can hand a...

    No doubt they consider that they can hand a redundant AirNZ cabin crew stewardess a nail gun and she can go and competently build a new house.
  7. Once again, where are they going to source the...

    Once again, where are they going to source the necessary manpower and materials?
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    No changes announced as far as I am aware.

    No changes announced as far as I am aware.
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    Really hard to get my supermarket to accept a bit...

    Really hard to get my supermarket to accept a bit of capital gain as payment when I buy my groceries.
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    855

    The Costs of Property Ownership

    If you own your own home you will know that the costs of property ownership are constant, substantial and inescapable. Even for those owners who are fortunate enough to have no mortgage to pay, the...
  11. Replies
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    Wherein is this pointed comment: ...

    Wherein is this pointed comment:

    https://www.propertytalk.com/forum/images/styles/ShinyBlue/misc/quote_icon.png Originally Posted by Cr Raf Manji
    Whilst they have their chequebook open, they...
  12. "We have rights!!" We have the right to live...

    "We have rights!!"

    We have the right to live the good life, even if the money we earn won't stretch that far.

    It should all be free (code-word for someone else, somewhere else, should pay for...
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    It is a deferment, not a holiday. Like being...

    It is a deferment, not a holiday.

    Like being given a few extra months to pay off your credit card.

    You still have to pay the full amount, you still have to pay interest on that amount and...
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    This idea was floating in an article in the...

    This idea was floating in an article in the Herald.

    "A proposal for New Zealand to attract 2000 foreign high-net worthers to invest at least $50 million each here to create jobs in return for a...
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    Parliamentary Petition - Ringfencing

    NZPIF have created a petition on the parliament website to delay the implementation of ring-fencing of rental property tax losses.

    The petition urges the Government to delay by at least a year...
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    Sticky: As I write I am sitting in an apartment on Lord...

    As I write I am sitting in an apartment on Lord Howe Island. This island has no cellphone service and minimal internet access so I am well isolated from the news and other peoples views. The...
  17. Replies
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    Every house is - provided its not a rental.

    Every house is - provided its not a rental.
  18. Replies
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    No mention of the fact that: - the pension is...

    No mention of the fact that:
    - the pension is taxable, so those who say the cost is high look only at the gross payout figure, not at the nett (the actual cost to the Government/taxpayer)
    - the...
  19. No idea. It was out in Hillsborough, Auckland....

    No idea.
    It was out in Hillsborough, Auckland. At that time the Harbour Board owned substantial land in that area.
  20. Replies
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    Sticky: And of course any fixed term will, at the tenants...

    And of course any fixed term will, at the tenants option, convert to periodic on the expiry of the term and there will be nothing the landlord will be able to do to prevent that.
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    Sticky: One of the many frequent complaints about rental...

    One of the many frequent complaints about rental housing in New Zealand is the insecurity of tenure. While security of property occupation is one of the many benefits of home ownership, such security...
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    Wellington Council Goes landlording

    Wellington Council gets into rentals.

    https://www.tvnz.co.nz/one-news/new-zealand/wellington-council-intervening-in-capital-s-broken-rental-market


    News item makes interesting watching.

    The...
  23. Be aware that any tenant can apply to the...

    Be aware that any tenant can apply to the Tribunal for a rent fairness assessment if they think that the proposed rent is markedly above current market and the TT could well Order a reduction.
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    Correct - the 2019 insulation requirements must...

    Correct - the 2019 insulation requirements must be in place prior to any tenancy now commencing.

    Under the Healthy Homes legislation, there will be a 90 day window if the insulation needs to be...
  25. Under the proposals, the tenant would have the...

    Under the proposals, the tenant would have the sole choice of accepting the fixed term termination date or staying on and allowing the tenancy to automatically become a periodic.
    The landlord would...
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