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  1. #71
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    Mar 2007
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    Quote Originally Posted by Learning View Post
    According to the 2013 census it was around 6.6% of housing stock empty in Auckland. It would be interesting to see how much it's changed in only 3 years.
    Of course, if you and your family just happened to be out of town that weekend, your house would be classed as 'empty'.

  2. #72
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    Jun 2013
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    Quote Originally Posted by Learning View Post
    According to the 2013 census it was around 6.6% of housing stock empty in Auckland. It would be interesting to see how much it's changed in only 3 years.
    Not really what it said. The data is that 6.6% of houses were not occupied on census night. There is a massive difference there. I think you will find the number of houses that are actually 'empty' for more than a transient time in Auckland is quite simply tiny.

  3. #73
    Join Date
    Oct 2013
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    Quote Originally Posted by Learning View Post
    I guess it seems a bigger problem when you know someone who's keeping empty houses. The guy I know has 4 Auckland properties, all empty because he had a bad experience with tenants and he feels capital gains are safer.
    Of course, he'll be paying tax on his capital gains when sold, won't he? There's certainly no other reason he'd be holding them than for resale at a higher price, so that makes it pretty clear it's a taxable activity. And is he claiming costs against them in the interim could cause issues too...
    AAT Accounting Services - Property Specialist Accounting - AATAccounting.co.nz
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  4. #74
    Join Date
    Apr 2005
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    Quote Originally Posted by flyernzl View Post
    Of course, if you and your family just happened to be out of town that weekend, your house would be classed as 'empty'.
    Yes.exactly.
    I'm thinking that this idea of empty houses exists as part of a wider set of ideas.
    The first being that shelter is a need and indeed a right of a person, and good for a society.
    The second being that needs take precedent over playing speculator, or seeking profit.
    The third that waste is bad.
    The fourth is that empty houses are a waste.
    And so on. If you disassemble it, it's a layerd argument.
    No one would consider a house empty because you were away on holiday a problem, although you do make a good case for Uber accommodation..ha.
    Last edited by McDuck; 15-01-2017 at 02:50 PM.

  5. #75
    Join Date
    Sep 2007
    Location
    Auckland
    Posts
    8,325

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    How did they know the house was empty. the census people I mean?

    The empty house can't fill out a form saying it was empty right? Census staff surely wouldn't go around and check?

    And if there were people in there, and just didn't complete a return?
    Squadly dinky do!

  6. #76
    Join Date
    Mar 2007
    Location
    Auckland
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    From memory, there is a question on the form along the lines of:
    "The address of this property is xxx
    On census night how many individuals were occupying that house on that night".

    Buy yes, of course people can just ignore the census form. Its an illegal act, but so what.

  7. #77
    Join Date
    Jun 2004
    Posts
    10,404

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    Gary Lin says investors driving the price rises
    "Low offers now get accepted," he said, telling how many auctioned
    properties were being passed in, sales volumes were low and one St
    John's place expected to sell for $750,000 went for only $626,000:
    "That's the effect of investors leaving the market."
    http://www.nzherald.co.nz/business/n...ectid=11781028
    By saying prices have gone down because investors left the market directly suggests that investors were driving the market up.
    Given that investors are buying (in Auckland) for the capital gain, and they are the ones driving the prices up, it seems like a giant Ponzi scheme.

  8. #78

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    Quote Originally Posted by Wayne View Post
    Gary Lin says investors driving the price rises

    http://www.nzherald.co.nz/business/n...ectid=11781028
    By saying prices have gone down because investors left the market directly suggests that investors were driving the market up.
    Given that investors are buying (in Auckland) for the capital gain, and they are the ones driving the prices up, it seems like a giant Ponzi scheme.
    gotta be a different Gary Lin as the one on PT says prices never go down in Auckland.

  9. #79
    Join Date
    Jun 2004
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    Quote Originally Posted by Don't believe the Hype View Post
    gotta be a different Gary Lin as the one on PT says prices never go down in Auckland.
    Evil twin brother maybe?

  10. #80
    Join Date
    Apr 2005
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    2,710

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    Quote Originally Posted by Wayne View Post
    Evil twin brother maybe?
    I blame video games for all this.
    World of warcraft specifically.
    Haha.


 

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