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View Poll Results: Are You Going to Make Submission?

Voters
17. This poll is closed
  • You are joking, right? I wouldn't waste my time.

    4 23.53%
  • A very brief one

    7 41.18%
  • Long, lengthy & detailed

    4 23.53%
  • Yes, and if an option, I'll be asking to be heard in person.

    2 11.76%
Page 24 of 34 FirstFirst ... 14 22 23 24 25 26 ... LastLast
Results 231 to 240 of 332
  1. #231
    Join Date
    Jun 2004
    Posts
    10,367

    Default

    Quote Originally Posted by Perry View Post
    Perry's perspective: unless LLs collectively can come up with some suitably militant plan, they'll get steam-rollered.
    You'd hope that the PIA that many of us pay into would be leading the charge on that.
    Mike is making a lot of noise (good) but the PIA is a bit quiet - maybe they are lobbying out the back.

  2. #232
    Join Date
    Oct 2015
    Location
    Rotorua
    Posts
    476

    Default

    Quote Originally Posted by Wayne View Post
    You'd hope that the PIA that many of us pay into would be leading the charge on that.
    Mike is making a lot of noise (good) but the PIA is a bit quiet - maybe they are lobbying out the back.
    Same bothers me a lot. King seems to issue some very castrated statements which looks like he wants to please everyone. Feels like Nzpif became some sort of PC prostitute instead of standing for landlords. This becomes even more evident when they talk what's good or not for tenants. I've never heard a word from our delusional friends from Renters United worrying about us.

  3. #233
    Join Date
    Sep 2004
    Location
    Hastings
    Posts
    14,842

    Default

    One attendee at the meeting commented, I hear that Andrew King excused himself, not long before the meeting, citing a family event. It's becoming obvious that the NZPIF has become a stool pigeon of the government to help it implement unpopular legislation.

    Any comments emanating from the NZPIF which I've seen have been best described as 'muted.'

    Political 'capture' comes to mind.
    Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

  4. #234
    Join Date
    Mar 2007
    Location
    Auckland
    Posts
    3,019

    Default

    Generally, there are two ways to make someone do something:

    1) Grab him by the scruff of the neck, stick his head into a bucket of water, and threaten to drown him unless he agrees to do what you want.
    Or
    2) Sit down and discuss what needs to be done, point out what the consequences will probably be if he does something else, and suggest that both he and you work co-cooperatively together to get the best result.

    The first and more dramatic option may make great headlines and appeal to the crowd but (as our American cousins have so frequently found in their dealings with other countries) may lead to flawed outcomes.

    The NZPIF and the Property Investor Associations support the goals that the 'Stop the War on Tenancies' people seek, but believe that persuasion is more likely to lead to the desired outcome than frontal attack.

    On this basis, many many hours of work have been carried out behind the scenes by a number of (largely unpaid) people. If you do feel that their efforts have been inadequate, why not step up and assist them rather than sitting on the sidelines and criticizing the hard-working few?

  5. #235
    Join Date
    Oct 2015
    Location
    Rotorua
    Posts
    476

    Default

    I know you good with words Peter but it's more likely NZPIF will be judged by its actions and results archived and so far I personally see none

  6. #236
    Join Date
    Sep 2004
    Location
    Hastings
    Posts
    14,842

    Default Pessimists get that way by believing optimists

    Quote Originally Posted by flyernzl View Post
    The NZPIF and the Property Investor Associations support the goals that the 'Stop the War on Tenancies' people seek, but believe that persuasion is more likely to lead to the desired outcome than frontal attack.
    Among other options, belief is defined as "a vague idea in which some confidence is placed."

    What evidence is there to show that the NZPIF "persuasion" approach has worked cost-effectively and with good effect for PIs, in the recent past?

    Quote Originally Posted by flyernzl View Post
    On this basis, many, many hours of work have been carried out behind the scenes by a number of (largely unpaid) people. If you do feel that their efforts have been inadequate, why not step up and assist them rather than sitting on the sidelines and criticizing the hard-working few?
    Quote Originally Posted by AlFa View Post
    I know you good with words Peter but it's more likely NZPIF will be judged by its actions and results archived and so far I personally see none
    There's an old management adage that goes: don't tell me how busy you've been, show me what you've achieved.

    I.e. Behind-the-scenes efforts which produce no obvious, demonstrable and positive effect (for PIs) have no real value. All they do is distract and dissipate the energy and resources of those toiling-away 'behind-the-sceners.'

    We have only to look around us to see the recent difference in results from behind the scenes and assertive, in-the-face action.
    • AirNZ Engineers
    • Teachers Union
    • Nurses Union

    There are probably others, but those three are contemporary examples.

    I don't think that either the Stop the War on Tenancies or the present esoteric NZPIF efforts will make any difference. Twitford is an ideologue and will proceed contrary to all the official advice he is given, come hell, high water, or anything else he doesn't like or want to heed.

    As someone expressed recently, once the dismal failure of his inane meddling becomes apparent, Dhil's approach will likely be:

    • those new rules and regulations didn't work as I'd hoped

    so

    • the answer must be more rules and regulations.


    And more may mean rent controls.

    That's the way socialists work, is it not?
    Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

  7. #237

    Default

    I approach this the way we would approach things in a Volatile international trading environment when working across 20+ countries

    If the trading environment in any given country was changing in a way that was negative towards businesses (in particularly our industry) we would pull back investment. The no. one priority would be a proactive approach to ensure that our short term profit goals (commitments to shareholders) was met.

    If the country or region was important enough to our long term goals as a business we would also invest a small amount of time (relative to our overall time investment to deliver the business metrics) to lobbying and or influencing direction. In my mind this is the work that Flyer and NZPIF are doing

    Pulling back investment didn't mean we wouldn't deliver our business goals we would find ways to improve our profitability to make the same profit from less investment (in property this might mean increase rents, reduce or delay maintenance that didn't cause further damage to the asset, cancel anything that wasn't committed already kitchen/bathroom upgrades) while increasing our profit targets from a different country or region (in small scale property investment it might mean focusing our investment choices else where - even outside the hostile country).


    The reality is more time was spent making sure we could deliver our business objectives irrespective of the rules being imposed. We would find ways to deliver the business.

    I'm not interested in being part of the talking that this government will overlook/ignore my time is better spend planning my business response.

    This year our net profit has increased 40% and I'm have my business plan projecting to double our annual net profit by end 2019 - mid 2020 with an investment of just 7% of revenue on reinvestment in delivering growth.

    In comparison 2 years ago we invested multiples of our nett revenue to build more rental accommodation which had a large impact on capital values and a long term impact on nett profitability. This capital investment program has ceased. It will not restart until the business environment becomes less hostile. What this means in real terms is we won't be building new housing and this could mean over the next decade 20 - 50 houses are not added to the rental supply.

  8. #238
    Join Date
    Sep 2004
    Location
    Hastings
    Posts
    14,842

    Default

    Quote Originally Posted by Don't believe the Hype View Post
    I'm not interested in being part of the talking that this government will overlook/ignore my time is better spend planning my business response.
    That may well be part of the problem.

    Until the talking stops and the action starts, Dhil Twitford and the present comic opera crowd of W'gton woodenheads will just nod, guffaw discreetly, and do what they planned to do, all along.
    Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

  9. #239

    Default

    Quote Originally Posted by Perry View Post
    That may well be part of the problem.

    Until the talking stops and the action starts, Dhil Twitford and the present comic opera crowd of W'gton woodenheads will just nod, guffaw discreetly, and do what they planned to do, all along.
    This may be part of the problem but I’m not elected to nor paid to represent the broader community.

    My investment in the community which I derived a return (I’m not a charity) was improved housing in low socioeconomic areas where other investors were unprepared to take the risk.

    I have have now become (driven by government rhetoric) public enemy #1 - ironic given my name on PT.

    one thing I can manage is my own profits. I’m confident I can make profit in any market. Let the govt set the rules of the game. I’ll just play by them.

  10. #240
    Join Date
    Dec 2003
    Location
    Auckland, New Zealand
    Posts
    110

    Default

    You are entitled to disagree with how I and the NZPIF conducts ourselves Perry, but calling me a stool pigeon of the government and helping them to implement their policy is ignorant and offensive.

    It is very easy for you to mouth off on social media and demand to know what we have achieved, but for your 14,282 posts what have you achieved?

    I doubt you are a member of your local Property Investors Association (or an associate member for just $25 a year) because you would have received newsletters and know what we have done.

    In the last year we have achieved a better (though not great) situation with tenants responsibility for damage, We have held off a rental property WOF, we have paid for a legal opinion on unlawful dwellings that helped turn over the crazy High Court ruling and an economic report on marginal tax paid by rental property owners which changed the opinion of the Tax working group. We attended eight day long workshops on RTA Reforms and Healthy Homes Act Standards and prepared detailed submissions on both (you can see them here), along with work with the IRD on ring-fencing which didn't get the result we wanted but did get some concessions.

    I'm very proud of what the NZPIF and PIA's around the country do. Most of the work is carried out by dedicated volunteers and funded by around 3,500 fee paying members. That means around 98% of rental property owners don't contribute anything. We could do a hell of a lot more if we were better funded and I encourage anyone who isn't a member to at least become an associate member. It is just $25 a year for god's sake, but would be an enormous help if everyone joined.

    I can accept criticism and I know I don't always get things right, but it is extraordinarily disheartening to work so hard for an industry that I am proud of only to be accused of being a government spy.
    Andrew King,
    Too many tenants in your property? Hire a sleepout and increase the rent
    Andrew King Property Management Services - NZ Property Investors' Federation


 

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