Editors choice comments
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The reality for some people. Talking to a friend in Auckland last evening. 48 year old daughter with three teenagers, divorce settlement $300,000. She was a stay at home mum to bring up the kids. No formal qualifications. Now has job 20 hours max per week on minimum wage (ex...Von Women tops in Auckland real estate
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Why don't we ever get down to talking about the enabling financial mechanisms executed by the likes of ANZ to finance this market? Why not deify those heroic interest rate swap salespersons and their market makers who execute $billions all day long to achieve the underpinnings of the...Stephen Hulme Women tops in Auckland real estate
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Interesting interactive graphic in Granny Herald: showing MM's across NZ 1998 to the present. Note the sudden change in 2004. What happened? DC/DH/BH - would be Interesting to correlate this to the usual suspects: Interest rates on first mortgages first-...waymad 90 seconds at 9 am: Markets spooked
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Which ones are under 30 and single please? SK.SK Women tops in Auckland real estate
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Item 1 in my calendar for tomorrow, ask my accountant to re-incorporate my company in Ireland.Happy123 Wednesday's Top 10 with NZ Mint
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In order to buy Cat and Duck I pledge my dear Mobile, with luck It's a German Mercedes But, snowballs in Hades the Wheels on this Deal are Unstuckwaymad A motor home secures a Duck
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Isn't Apple the biggest company on earth? Why didn't someone at the US IRD say "hey guys, did that Apple company pay tax this year..." How do you miss that?Happy123 Wednesday's Top 10 with NZ Mint
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I can partly agree with the overall thrust of your concerns, David, but I think the crux of the matter lies in a Gordian Knot of entangled issues, and that the Gubmint has just decided, WTF, let's take the chainsaw to 'er. Some strands in that there Knot: TLA's have zero...waymad Special housing legislation flawed
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I still want to understand the mechanics of how we are to build 9000 new houses in the next 12 months ( 252 working days on an 8 hour day ) from Greenfield to handing over Keys to the front door. It works out at about 4 NEW HOUSES PER HOUR at full steam . Thats one house every 15 minutes....Boatman Special housing legislation flawed
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i'm making an assumption here, but the comments contained within seem to be from those property owners with a vested interest in the status quo. It seems fairly obvious to me that the author is merely offering up a reasonable suggestion that would help balance the NZ economy to the benefit of...Wordsmith 'Be brave & tackle home ownership tax status'
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This confirms the RBNZ has been asleep at the wheel...only now are they requesting info from banks on how much high LVR lending they have on their books.Ricardo RBNZ goes with banks' 'preferred' LVR cap approach
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I've been saying this for years - ever since a UK-based buyer bought a beachfront house in my neighbourhood for WAY over the price any sensible Kiwi who understood the market would have paid. As a result QV revalued the entire neighbourhood - sending our rates sky high of course. ...Kate Let's get rid of property CVs
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For affordable housing you actually need to incentivise it. Currently the only way for developers to make money is to build mcmansions. What that does is pull the average sale price up of all property and it does nothing to make housing affordable. Make small to medium new houses more...JT Auckland's Unitary Plan will make housing less affordable
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No-one much seems to be paying attention but the Kiwi has fallen significantly against the US$, Stirling and the Euro in the past week - ever since the Aussies cut their interest rates in fact (and the markets woke up to the situation the Aussies face). The Kiwi has maintained strength only against...andyh Friday's Top 10 with NZ Mint
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It's amazing how wilfully ignorant so many are happy to be. Visit Japan. A house there is just that: something in which to live. It is not an investment. Essentially no one in Japan invests in residential property now, not after their property bubble burst all those years ago. Newer Japanese...Magnum PI 'Let's plonk houses in paddocks'
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Har de har - they are already there, Penny. They are termed 'lifestyle blocks' and are Much in demand thanks to the dopey RUB..... Why, there's a Narticle right 'ere on Interest this mornin', on this very topic....waymad 'Let's plonk houses in paddocks'
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Interesting, innit, to see GV's quoted cost from a conventional builder further up in the thread. Call fer a bitta Analysis. After all, it's a 20 squares Bedroom, FFS, not plumbed, coupla electrical sockets, coupla lights, a roof and coupla windows. Roundin' 'er all up to $45...waymad Govt's pre-fab state house plan
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I live in Mt Roskill. There is the potential for a very good bus system into the city - I believe it is already the most used bus route in NZ. The former Auckland council was going to create 24x7x7 bus lanes down dominion road to make this bus route significantly better. But a handful of shop...JimboJones Auckland's Unitary Plan to be softened
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Insectivores R Us I spent a bit of time in Korea in the '80s standing by the building of an oil rig and a bulk carrier. My local bar had free crickets as a snack. It took a couple of beers to numb the aversion, but they were actually quite nice. They were roasted behind the bar and served by...Alan Henderson Wednesday's Top 10 with NZ Mint
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Youre not taking into account the 24 megapixel camera on the drone. With infrared. yep. No heading out in the middle of the night in the frost to check Maisie and her progress calving. Sitting on the sofa watching reruns of Game of Thrones with one eye, the other on the split screen on the ipad...Belle Wednesday's Top 10 with NZ Mint
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#2 Insect pulp will be used to make "chicken" nuggets and will be be cheaper, tastier and healthier than the current version.Kumbel Wednesday's Top 10 with NZ Mint
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Len Brown seems to have managed it all pretty well: Float a plan that tests a fair number of boundaries, metaphorically and literally, but more or less meets most long term needs. Get some inevitable resistance. Compromise back some way, with a caveat that plans need detailed reviewing every 7...Stephen L Auckland's Unitary Plan to be softened
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Len realises that the people who want affordable housing are not the same people who vote in local body elections.bob Auckland's Unitary Plan to be softened
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With the exception (maybe) of the car price piece, I see all these articles as related. It looks to me of the powerful, wealthy elite moving to protect their own interests; especially their money and how to get more without remebering the lessons of history. Many sycophants support them. Last year...murray86 Tuesday's Top 10 with NZ Mint
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Bernard, one of the most important things when considering buying a house in Wellington (this from a born and bred Wellingtonian) is sun, sun, sun. Those beautiful hills with their wonderous views of Wellington can be a hindrance as well. There are places in Wadestown, Khandallah, and...Von Bernard's property buying tool kit