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Have a guess Bob.
Plus, expect LabGreen to be working on plans to benefit also.
After all, if they are to forgo dividends from power generators they will definitely be making the revenue up from elsewhere.
Council accused of capital gains bid by stealth
Auckland Council is eyeing taking another slice out of rising property values and may seek a change in the law to do so.
The council is calling the proposal "shared land value uplift" but its critics are blasting it as a thinly disguised capital gains tax.
And if Auckland proceeds with the plan, it could open the door for other councils to follow and broaden their revenue bases.
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Council accused of capital gains bid by stealth
Auckland Council is eyeing taking another slice out of rising property values and may seek a change in the law to do so.
The council is calling the proposal "shared land value uplift" but its critics are blasting it as a thinly disguised capital gains tax.
And if Auckland proceeds with the plan, it could open the door for other councils to follow and broaden their revenue bases.
What with the above article and the high cost of water.
Rates in Auckland are increasing at such a rate that they are rivaling the rest of the country.
And the subject of an increase in petrol tax or toll roads is coming closer all the time.
Soon only the rich will be able to live in Auckland.
Or
A state house with 19 people living in it has been identified as one of the homes receiving more than $100,000 in taxpayer-funded benefits each year.
The Housing New Zealand property in Manukau houses 11 children and eight adults, according to a spreadsheet of the top 50 households which receive the most social welfare payments.
The weekly rent is $87 and collectively the household is getting $2499 in benefits each week - or $132 for each individual - adding up to nearly $130,000 each year."There's one way to find out if a man is honest-ask him. If he says 'yes,' you know he is a crook." Groucho Marx
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There is a lot of water to flow under the harbour bridge yet.
'Not in my back yard'
Council plans to allow multi-storey buildings over half of Auckland have run into a brick wall of local opposition. Super City reporter Bernard Orsman surveys opinion in a typical suburban street, where locals are horrified at the proposed changes
www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10879982
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Originally posted by speights boy View Posttypical suburban street, where locals are horrified at the proposed changes"
www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10879982
Also think it's like 7% of the city is zoned multi story not half.Last edited by RHarris; 27-04-2013, 10:14 PM.
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Ive thought about that to Muppet,but quite frankly,the biggest thing stopping me, is getting a major ''haircut''on the money in the bank from the proceeds,if they get in trouble.
Those chaps in Europe who bought the ''cover bonds'' sold by our banks will be ahead of us in the que to collect, if the bank runs in to trouble.
Those with deposits come after.Last edited by skid; 27-04-2013, 02:59 PM.
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Originally posted by RHarris View PostDoes no one else see how stupid it is to call this a typical suburban street with million dollar homes, grammar zoned, volcano view shafts, heritage overlays? More ill informed scaremongering from the herald to appeal to the fretful. Conveniently probably didn't survey the renters in the street either.
Also think it's like 7% of the city is zoned multi story not half.
yeah right!Last edited by eri; 28-04-2013, 01:13 AM.have you defeated them?
your demons
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The residents around this location are going to be absolutely thrilled about the number and type of housing possible on their doorstep.
It won't affect their values at all, plus they will be looking forward to far fewer cars on the surrounding roads.
Top clubs in merger talks
www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10880174
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Originally posted by eri View Postso you think those renters in papakura on 1/4 acre sections are in favour on another house being squeezed in the back and the rent not getting any cheaper?
yeah right!
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IF
property investment wasn't despised, and
IF
council approvals were easier, cheaper, faster, and
IF
property investors were allowed to build affordable rather than gold plated rental accommodation
THEN
construction may outpace demand and enough affordable places could be built that renters have choice and lower rents
but that won't happen with a council in conflict with people will money to buildhave you defeated them?
your demons
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Originally posted by speights boy View PostThe residents around this location are going to be absolutely thrilled about the number and type of housing possible on their doorstep.
It won't affect their values at all, plus they will be looking forward to far fewer cars on the surrounding roads.
Top clubs in merger talks
www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10880174
My dad has been a member of the Grange in Papatoetoe for years. Talk of selling the Grange has been circulating for a few years already and values of the houses surrounding the Grange peripheral have started to go down.
To me, the sale makes sense. Having 2 Golf courses on prime land in the middle of Papatoetoe seems like a huge lost opportunity. A huge new development could really give Papatoetoe a boost in the arm.
Regarding transport......unfortunately the Grange is not near the Papatoetoe train station but at least it is near a couple of motorway entrances (on the Great South Road).
Shane
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A huge new development could really give Papatoetoe a boost in the arm.
Why not some combination.
Two retirement village developments (close to hospital);
A school;
New housing;
Extend the park (hospitals adjacent to parks are not a bad idea.).
The cost of land is shared 5 ways.
2 retirement developers, 1 housing developer, Ministry of Education, Akl ratepayers.
Provides flexible mixed use, as opposed to a zillion homes whose occupants are now stuck keeping their road rage under control on the motorway on ramp.
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Originally posted by RHarris View PostMore ill informed scaremongering from the herald to appeal to the fretful.
Secret plan papers kept from public
Auckland Council tells lawyer to sit on documents used to create city's rulebook.
The Auckland Council is sitting on secret documents used to draw up a new planning rulebook for the city and instructed its top lawyer to keep them hidden from the public.
Mayor Len Brown and chief executive Doug McKay have rejected requests from the Herald to release background papers used by a political working party to develop the most important planning document in the history of Auckland.
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I can understand some commercial negotiations being held from the public, but discussions around the creation of a plan they say they are designing WITH the Auckland public?
Starts to show just how it really works i.e. who in fact makes this plan. And it ain't the Auckland public.Squadly dinky do!
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