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  1. #71

    Default

    I see the reserve grass being mowed regularly as an essential service. If the parks and reserves come covered in long grass then they are no longer viable to play on in this lockdown. The same goes for private gardens. The comparison with cleaning a car is silly.

  2. #72
    Join Date
    Sep 2004
    Location
    Hastings
    Posts
    15,422

    Default Tribunal Order

    Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

  3. #73
    Join Date
    Sep 2004
    Location
    Hastings
    Posts
    15,422

    Default

    Silly you! The long grass is for the sheople living in rentals. Particularly the HNZ ones, now that Krummy Fried Crap and McMalnutrition are closed.
    Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

  4. #74
    Join Date
    Apr 2004
    Location
    Auckland
    Posts
    2,017

    Default

    Probably a nice motel unit @ $150 a night.
    All paid for by our so kind (but rather stupid) Guvmnt.
    So glad I pay so much tax.
    The three most harmful addictions are heroin, carbohydrates and a monthly salary - Fred Wilson.

  5. #75
    Join Date
    Nov 2006
    Location
    Cyberspace
    Posts
    5,878

    Default

    Quote Originally Posted by mrsaneperson View Post
    So I just received an email from my lawn contractor who belongs to a large franchise telling me that lawns are not classed as essential service during Covid-19 lockdown.

    Uhmm, so what do I do now, go and borrow a lawnmower and do my rental properties myself? It seems it might be a bit of a scam, lets say he may prefer to stay at home and collect free money from the socialist government.

    Surely lawns and garden should be considered essential services?
    After all the council are still able to mow the vast reserves and parks during this lockdown. Overgrown Gardens can also become a safety hazard.

    My GOD!!!

    People like you will definitely extend this lock down considerably longer than 4 weeks.

    That must qualify for the stupidest post/attitude of the year (and I believe for the rest of the year as well)

    I was at New World yesterday and was told (TOLD mind you) that close contact was OK as long as it was not more than 15 minutes. That, after I insisted they stay at least 2 meters away.

    Darwin, come here and cull the thick people will you?

    *walks away wanting to say more but knowing I will be banned from Property Talk if I do*
    Last edited by Perry; 27-03-2020 at 08:43 PM. Reason: added quoted post

  6. #76
    Join Date
    Mar 2009
    Posts
    157

    Default

    Quote Originally Posted by elguapo View Post
    Key question here is does the government expect landlords to extend the tenants credit, or is it welfare?
    The government expects the following to happen....

    1. Tenants stop paying rent.
    2. Landlord has to wait 60 days before applying to tribunal and is unable to evict tenant.
    3. Bank gives landlord a mortgage holiday.
    4. Interest on landlord's mortgage keeps accruing during the mortgage holiday.
    5. Eventually everyone starts making their payments again and the only difference between then and now is that the landlord is now deeper in debt. Whether the missed rent is recoverable remains to be seen. If Jacinda has her way I'm quite sure it won't be.

    In the aggregate, the government expects landlords to take one for the team.
    Hardly surprising, they've despised us since they started.

  7. #77

    Default

    Quote Originally Posted by PC View Post
    Our greatest economist - Eaqud - is predicting a deep dark recession. So thatís a relief. With his track record of successful calls itíll probably be over by next week.
    I doubt it, not this time!
    "Remember, people will judge you by your actions,not your intentions.You may have a heart of gold -but so does a hard-boiled egg".

  8. #78

    Default

    Quote Originally Posted by sparxNZ View Post
    The government expects the following to happen....

    1. Tenants stop paying rent.
    2. Landlord has to wait 60 days before applying to tribunal and is unable to evict tenant.
    3. Bank gives landlord a mortgage holiday.
    4. Interest on landlord's mortgage keeps accruing during the mortgage holiday.
    5. Eventually everyone starts making their payments again and the only difference between then and now is that the landlord is now deeper in debt. Whether the missed rent is recoverable remains to be seen. If Jacinda has her way I'm quite sure it won't be.

    In the aggregate, the government expects landlords to take one for the team.
    Hardly surprising, they've despised us since they started.
    Youve missed one.

    6. Mass exodus of the private rental market, Government become the only landlord in the country!
    "Remember, people will judge you by your actions,not your intentions.You may have a heart of gold -but so does a hard-boiled egg".

  9. #79
    Join Date
    Mar 2009
    Posts
    157

    Default

    Quote Originally Posted by Frezzinghot View Post
    Youve missed one.

    6. Mass exodus of the private rental market, Government become the only landlord in the country!
    Maybe.
    I think that's only likely if the government continues the rent freeze for an extended period, like years.
    I mean all the other landlord bashing they have done up until now has actually benefited some investors. I've done really well out of it because it's driven rents through the roof. I've made more in rent increases than it cost me in insulation etc.
    It's boosted capital growth as well probably due to the unmitigated disaster that is kiwibuild and the utter failure to address any of the actual drivers behind the housing crisis. If all they do is more of the same when things return to normal I can't see too many investors bailing out because the returns keep getting better on account of afore mentioned incompetence.
    All that being said, I have a feeling our little Karl Marx protege has designs on far greater control over the provision of rental housing than she's letting on. We may all be looking at long term rent controls, continual erosion of property rights and the morphing of the bright line towards CGT if the commies get another shot at it.

    It's funny, I was just thinking the other day that you can have a million dollars invested in shares in a company that makes nuclear bombs and nobody bats an eye, but you own two houses and it seems the whole country thinks you're some kind of monster.

  10. #80

    Default

    Quote Originally Posted by sparxNZ View Post
    Maybe.
    I think that's only likely if the government continues the rent freeze for an extended period, like years.
    I mean all the other landlord bashing they have done up until now has actually benefited some investors. I've done really well out of it because it's driven rents through the roof. I've made more in rent increases than it cost me in insulation etc.
    It's boosted capital growth as well probably due to the unmitigated disaster that is kiwibuild and the utter failure to address any of the actual drivers behind the housing crisis. If all they do is more of the same when things return to normal I can't see too many investors bailing out because the returns keep getting better on account of afore mentioned incompetence.
    All that being said, I have a feeling our little Karl Marx protege has designs on far greater control over the provision of rental housing than she's letting on. We may all be looking at long term rent controls, continual erosion of property rights and the morphing of the bright line towards CGT if the commies get another shot at it.

    It's funny, I was just thinking the other day that you can have a million dollars invested in shares in a company that makes nuclear bombs and nobody bats an eye, but you own two houses and it seems the whole country thinks you're some kind of monster.
    For a country built by hard working, get stuck in individuals who through their own Initiative have created some success for themselves through realestate or whatever else for that matter, it is hard to fathom how their efforts can now be viewed so negatively. When did capitalism become so wrong ?


 

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