• Login:
Welcome, Register Here
follow PropertyTalk on facebook follow PropertyTalk on twitter Newsletter follow PropertyTalk on LinkedIn follow PropertyTalk on facebook
Page 21 of 37 FirstFirst ... 11 19 20 21 22 23 31 ... LastLast
Results 201 to 210 of 369
  1. #201
    Join Date
    Mar 2016
    Posts
    365

    Default

    Expect environmentalists to take a back seat to farmers.

  2. #202
    Join Date
    Apr 2005
    Posts
    2,891

    Default

    Quote Originally Posted by Jeffa View Post
    If you have been following my predictions,what I have been reiterating..the rich will get richer the poor will get poorer there is a massive wealth transfer coming..if you find my comments offensive..please follow mainstream media.
    Ha.

    I'm more open minded than most.
    If you said you had a unicorn and fairies in your back garden, I'd give you the benefit of the doubt.
    But still ask if I could come round with a camera.

    Can you show some numbers, just roughly.
    I just want to make sure you're counting everything.

  3. #203
    Join Date
    Mar 2016
    Posts
    365

    Default

    Quote Originally Posted by McDuck View Post
    Ha.

    I'm more open minded than most.
    If you said you had a unicorn and fairies in your back garden, I'd give you the benefit of the doubt.
    But still ask if I could come round with a camera.

    Can you show some numbers, just roughly.
    I just want to make sure you're counting everything.
    I don't wish to be offensive, however I and others believe this virus is man made,the one percent will have even more control over us when this is over..Im prepared as they are not controlling me financially or mentally..Fear leads to weakness.

  4. #204

    Default

    Keys - what is your plan of attack when people stop paying rent?

    If people get made redundant and or have to isolate or care for sick people they'll get $580/wk(min) from the govt - there is a real risk that after food and medical supplies there won't be much left for rent.

    While I feel for people in this situation if the bank doesn't get paid their home ends up being under a bridge.

  5. #205
    Join Date
    Mar 2016
    Posts
    365

    Default

    Quote Originally Posted by Don't believe the Hype View Post
    Keys - what is your plan of attack when people stop paying rent?

    If people get made redundant and or have to isolate or care for sick people they'll get $580/wk(min) from the govt - there is a real risk that after food and medical supplies there won't be much left for rent.

    While I feel for people in this situation if the bank doesn't get paid their home ends up being under a bridge.
    First thing stop panicking and don't put your house on the market talk too your lender!..most banks give up to 3 months deferred payments..what's your lvr?can you top up to cover payments for months or years?at Interest only..can you move your own home to interest only or deferred payments?...there are options the banks don't want homes going under but it may be the case in tourist towns,talk with your tenants, lower the rent and help them out ,live to your highest values..Investers will be circling if they smell fear...

  6. #206
    Join Date
    Mar 2016
    Posts
    365

    Default

    Quote Originally Posted by Jeffa View Post
    I always believed America wanted a war with North Korea, as war is always good for the US economy but that fizzled out..and War against China is as good as a war against Russia which is a war neither side wins..thats why my theory has been this virus is man made..less lives will be lost and just as much spending, as what a war will cost...unfortunately if people don't get spending around the world it can lead to war ...but I don't really study that side of the economy .
    WAR ON BEER VIRUS!!!
    https://www.bloomberg.com/news/artic...ld-for-30-days

  7. #207

    Default

    Quote Originally Posted by Jeffa View Post
    First thing stop panicking and don't put your house on the market talk too your lender!..most banks give up to 3 months deferred payments..what's your lvr?can you top up to cover payments for months or years?at Interest only..can you move your own home to interest only or deferred payments?...there are options the banks don't want homes going under but it may be the case in tourist towns,talk with your tenants, lower the rent and help them out ,live to your highest values..Investers will be circling if they smell fear...
    \


    Not panicking - but planning. We spend a lot of time planning and are pretty well protected. All I'm doing now is planning for worst case so in the event things go really bad I don't need to panic because I have a plan.

    LVR is low (for now)
    Rent exceeds costs by a very good buffer
    Multiple rental incomes vs. one or two high value places with high rents
    Potential to reduce costs in the next 3-6 months as rates come off fixed

    My position is sound but you're right about keeping communication open with tenants and banks. Fear could cause contagion (as we're seeing in the stock markets) but if we all hold our nerve and plan well we'll get through this.

  8. #208
    Join Date
    Mar 2016
    Posts
    365

    Default

    If you're LVR is low set up another credit line asap, the banks are going to get busy when QE starts and they start printing money,...Im predicting there's going to be a shortage of finance approval staff at the banks so there will be work there if anyone wants to work in satan's den....

  9. #209
    Join Date
    Mar 2016
    Posts
    365

    Default

    Quote Originally Posted by Jeffa View Post
    Wealth in poverty during NZ great recession
    "Despite widespread hardship, a small portion of the population remained wealthy and some even benefited from reduced prices. They still bought luxury goods and continued their high-society traditions.
    Some of the better-off tried to help the poor. They collected money, food, and clothes, organised fundraising events, and offered odd jobs."

    For the record I'm a capitalist..but I always believe in living to your highest values...Jeffa.
    We are at war and there are many wealthy people who can contribute..buy local..support your local caffe, hairdressers get that extension work done now building will slow, those of you that read my post know you are in the top 10% of income earners...live to your highest values and support local businesses because you already know when this storm is over you will be even more wealthier!!

  10. #210
    Join Date
    Jun 2004
    Posts
    10,598

    Default

    Quote Originally Posted by Jeffa View Post
    Winston wants 80 thousand kiwis to come home before lockdown...I thought he wanted to cut immigration?...Is he expecting capitalism to save his socialist [email protected]$.
    https://www.nzherald.co.nz/nz/news/a...ectid=12317822
    They aren't immigrants - they are Kiwis travelling!
    Also, not before lockdown (hard to stop people coming home really) but before there is no way to get home. If no one is travelling flights end up cut to very close to 0.


 

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Will OCR drop again next year Feb 2020?
    By Chelsea in forum Property Investment (NZ)
    Replies: 4
    Last Post: 09-12-2019, 08:07 AM
  2. Wanaka house prices for 2020?
    By jack2016 in forum Property Investment (NZ)
    Replies: 1
    Last Post: 15-09-2019, 12:02 PM
  3. Vietnamese Student First Time Renting in Dunedin, NZ (2020), Needs Advice
    By thangpham in forum Property Investment (NZ)
    Replies: 2
    Last Post: 12-09-2019, 06:04 PM
  4. Replies: 3
    Last Post: 26-12-2014, 11:30 PM
  5. OCR Predictions
    By iwik in forum Property Investment (NZ)
    Replies: 58
    Last Post: 03-07-2014, 09:12 AM
  6. Rich Dad Predictions -
    By donna in forum Videos
    Replies: 10
    Last Post: 21-01-2013, 11:56 PM
  7. New Zealanders want cigarettes banned by 2020
    By muppet in forum Coffee Lounge
    Replies: 25
    Last Post: 11-02-2010, 08:30 AM
  8. The predictions are correct.
    By whitt in forum General (NZ)
    Replies: 2
    Last Post: 12-03-2009, 11:42 AM
  9. Predictions Gone . . . Failed
    By Perry in forum General (NZ)
    Replies: 2
    Last Post: 11-03-2009, 09:59 PM

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
  •