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  1. #1
    Join Date
    Apr 2007
    Location
    Hamilton
    Posts
    34

    Default LAQC Regulations

    Read an interesting article in the Waikato times on Saturday. Taking the negative tone on property as expected at this stage of the property cycle.

    I was wondering if someone knows a bit more about the first point the paper raises regarding the future of the LAQC.

    a) What is the governments ideas for the future of LAQC's

    b) Is this just hot air trying to scare investors from investing?

    c) If LAQC's are a thing of the pass - will it potentially 'burst' the bubble

    d) Is there another way we can structure ourselves to be prepared

    Look forward to the replies!

  2. #2
    Join Date
    Oct 2003
    Posts
    3,578

    Default

    There are rumours they will get rid of LAQC or ring fence property losses. This is probably just scaremongering at the moment but it is a posibility.

    The loss of LAQC wont burst the bubble. Ring fencing losses would be worse but on its own would not be enough (other factors are already there though - high interest, declinging migration, etc)

    If they get rid of LAQC, why not hold personally?? or via a partnership??

  3. #3
    Join Date
    Apr 2004
    Location
    Auckland
    Posts
    1,894

    Default

    GRA accountants have an evening seminar in Auckland on the 17th.

    I think they are covering LAQC issues etc.

    http://www.gra.co.nz/index.cfm/Seminars
    The three most harmful addictions are heroin, carbohydrates and a monthly salary - Fred Wilson.

  4. #4
    Join Date
    Apr 2007
    Location
    Hamilton
    Posts
    34

    Default Note article

    Note that the above article I referred to was actually in the NZ herald And it has been posted here on PT by Muppet just today

    See https://www.propertytalk.com/forum/sh...ad.php?t=11702


 

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