• Login:
Welcome, Register Here
follow PropertyTalk on facebook follow PropertyTalk on twitter Newsletter follow PropertyTalk on LinkedIn follow PropertyTalk on facebook
Page 531 of 553 FirstFirst ... 31 431 481 521 529 530 531 532 533 541 ... LastLast
Results 5,301 to 5,310 of 5527
  1. #5301
    Join Date
    Apr 2009
    Posts
    1,003

    Default

    Quote Originally Posted by flyernzl View Post
    "affordable housing for the local population earning local incomes would be if property prices fell (for potential owner occupier property buyers), or rentals fell (for renters)"

    Or if the overhead costs of owning rental property - such as council rates and insurance premiums - actually decreased instead of going up by 50% over recent years.
    Or if expectations decrease and people buy and live in flats, as in the UK.
    Infill housing will increase so you can bet that land prices in populated areas will continue to increase.

  2. #5302
    Join Date
    May 2008
    Posts
    3,650

    Default

    Quote Originally Posted by JBM View Post
    We really need no property growth in value for the next decade to let inflation in incomes to catch up
    How likely it that?
    And why do we really need it?
    For what it's worth, over the next 10 years, I expect property prices to continue increasing and wages to barely increase.
    This will cause some grief.

  3. #5303
    Join Date
    Apr 2004
    Posts
    778

    Default

    Quote Originally Posted by Bob Kane View Post
    How likely it that?
    And why do we really need it?
    For what it's worth, over the next 10 years, I expect property prices to continue increasing and wages to barely increase.
    This will cause some grief.
    It's already causing grief ... NZ has one of the most unaffordable housing markets in the world

  4. #5304
    Join Date
    Sep 2004
    Location
    Hastings
    Posts
    15,016

    Default

    Or low wages compared to the cost of living. Wasn't it Blenglish who mumbled something about NZ becoming a low wage economy, servicing Oz?
    Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

  5. #5305
    Join Date
    Apr 2005
    Posts
    2,735

    Default

    Quote Originally Posted by Perry View Post
    Or low wages compared to the cost of living. Wasn't it Blenglish who mumbled something about NZ becoming a low wage economy, servicing Oz?
    Change.
    You do expect it.
    You do need the change to happen in a way that keeps society working smoothly.
    Since we use money to allocate resources, money flow has to be working.
    You have to make sure the rules point that money in the right direction.
    Interest groups like Big bankers and Big Corporations and Big retailers will be looking at ways to rout the system.
    That's what they have done here.
    I could tell you how.. but I'm sure you can figure it out yourself.
    They win the money game for themselves in the short term, but make the system unsustainable for everyone in the long term.
    That's what's happened here.

  6. #5306
    Join Date
    May 2008
    Posts
    3,650

    Default

    Quote Originally Posted by JBM View Post
    It's already causing grief ... NZ has one of the most unaffordable housing markets in the world
    If NZ houses were unaffordable then why are there so many sales?
    There's is no such thing as unaffordable housing.
    There's do-gooders running around bleating about house prices being too high and expecting something to be done about it.
    Sorry, that's just the way the market works.

  7. #5307
    Join Date
    Sep 2004
    Location
    Hastings
    Posts
    15,016

    Default

    Quote Originally Posted by Bob Kane View Post
    There's is no such thing as unaffordable housing.
    There's do-gooders running around bleating about house prices being too high and expecting something to be done about it.
    Sorry, that's just the way the market works.
    So it's 'the market' that's at fault?

    See flyer's post, here.
    Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

  8. #5308
    Join Date
    Jul 2017
    Posts
    289

    Default

    Quote Originally Posted by Bob Kane View Post
    There's is no such thing as unaffordable housing.
    FYI, the economists definition of "unaffordable housing" is different to your definition of "unaffordable housing". If you want to understand what the media and commentators are referring to, here is the definition of "unaffordable housing" that they refer to.

    Definition of 'Affordable Housing'

    Definition: Affordable housing refers to housing units that are affordable by that section of society whose income is below the median household income.

    Description: Though different countries have different definitions for affordable housing, but it is largely the same, i.e. affordable housing should address the housing needs of the lower or middle income households. Affordable housing becomes a key issue especially in developing nations where a majority of the population isn't able to buy houses at the market price.

    Disposable income of the people remains the primary factor in determining the affordability. As a result, it becomes the increased responsibility of the government to cater to the rising demand for affordable housing. The Government of India has taken various measures to meet the increased demand for affordable housing along with some developers and stressing on public-private partnerships (PPP) for development of these units.

  9. #5309
    Join Date
    Sep 2008
    Posts
    7,650

    Default

    altering definitions to suit a political narrative

    kind of like newspeak + doublethink

    very orwellian

    Doublethink is when a person accepts two mutually contradictory thoughts as correct without being aware or troubled by the glaring contradiction between them.

    Doublethink statements like “war is peace” “freedom is slavery” “ignorance is strength” are made without discomfort.

    Newspeak is a method of controlling thought through language - it is the language of fake news.

    Doublespeak combines doublethink and newspeak in language that deliberately obscures, distorts, disguises, or reverses the meaning of words

    to manipulate public opinion in a mass social engineering effort.
    have you defeated them?
    your demons

  10. #5310
    Join Date
    May 2008
    Posts
    3,650

    Default

    Quote Originally Posted by Chris W View Post
    Affordable housing becomes a key issue especially in developing nations where a majority of the population isn't able to buy houses at the market price.
    It's a crazy definition.
    People with below market (average) incomes can't purchase a house at a market (average) price?
    Of course that will happen.
    Do you expect people with below average incomes to buy houses that are above the average price?
    Or are you suggesting that a magic fairy needs to provide great houses at below cost?
    Someone is living in a make believe world.
    Usually do-goody economists.
    Last edited by Perry; 19-06-2019 at 03:47 AM. Reason: fixed typo


 

Thread Information

Users Browsing this Thread

There are currently 5 users browsing this thread. (0 members and 5 guests)

Similar Threads

  1. Financial Armageddon!!
    By Commercial Dan in forum Property Investment (NZ)
    Replies: 4380
    Last Post: 30-11-2015, 10:05 PM
  2. Armageddon by 2012, says a forecaster
    By Marc in forum Videos
    Replies: 0
    Last Post: 30-03-2009, 12:56 PM
  3. How does one know when we are out of the financial c##p?
    By Taupo Tiger in forum General (NZ)
    Replies: 11
    Last Post: 12-03-2009, 10:09 PM
  4. OPM Financial Solutions
    By OllyN in forum Property Investment (NZ)
    Replies: 1
    Last Post: 08-07-2008, 08:04 AM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •