This doesn't just apply to house buyers:

http://www.nzherald.co.nz/personal-finance/news/article.cfm?c_id=12&objectid=11626666

How many hard luck stories feature some twit with an iPhone, SkyTV, a car on h.p. and sucking down a cafe bought flat white?

--- SoupGate-Win32 v1.05
* Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)

JohnO wrote:

This doesn't just apply to house buyers:

http://www.nzherald.co.nz/personal-finance/news/article.cfm?c_id=12&objectid=11626666

How many hard luck stories feature some twit with an iPhone, SkyTV, a car
on h.p. and sucking down a cafe bought flat white?

The same thing goes with welfare recipients complaining about poverty, or neglecting to adequately care for their children.
--
"From each according to his abilities, to each according to his needs."
creates the incentive to minimize your abilities and maximize your needs.

--- SoupGate-Win32 v1.05
* Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)

On Thu, 21 Apr 2016 13:47:23 -0700 (PDT), JohnO <johno1234@gmail.com>
wrote:

This doesn't just apply to house buyers:

http://www.nzherald.co.nz/personal-finance/news/article.cfm?c_id=12&objectid=11626666

How many hard luck stories feature some twit with an iPhone, SkyTV, a car on h.p. and sucking down a cafe bought flat white?

Probably about as often as we have articles like this: http://www.radiolive.co.nz/Housing-crisis-in-Auckland-Simon-Bridges-says-no/tabid/506/articleID/118723/Default.aspx
and http://www.newshub.co.nz/opinion/opinion-crisis-what-crisis-2016041912#axzz46VLuN4FP

and on the same day in the same paper we have this: http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11626571

and referred to in links given with the article yu cited: http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=11626292

Of course a real estate agent will downplay negative aspects of the
market, and emphasise that yes properties are selling, and that yes
some people are buying their first home - some of them may even be the yong-nat-type twit that you describe cherishes the 42 inch TV and the
leased BMW - but has parents who can help finance that first home
purchase.

And then there are articles like this: http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11626617 which gives a possible reason why so many land and property owners are "land-banking" - not developing property as profits will be greater
through waiting for higher prices

You may not have realised, JohnO, that the article you cited went
beyond the first set of photographs - the article continued:

Three house hunters, who the Herald has been following for the Home
Truths series, replied that they were saving as hard as they could.

"We cannot think about affording the luxury car and Sky TV," said
27-year-old Lovely Garg, who is searching with her husband Bharat, 31,
for a $630,000 property on their combined annual income of about
$110,000.

"We are driving a normal Bluebird Sylphy car (working in good
condition) - keeping in mind if we are buying the $3000 car, the
maintenance will be too high and we cannot afford it if the car breaks
down."

She said the couple spent 65 per cent of their after-tax income on
rent and utility bills and the rest went on basics such as food and
clothing.

"We need to think twice if we want to buy something. Money is always
an issue for us."

Gemma Mann, who is trying to buy on a similar price range and income
with her husband Mike Alsweiler and their baby Harper, said they
carefully budgeted every pay day to cover rent, petrol, weekly food
shopping and other expenses.

"Every week we save as much money as humanly possible, and have very
little money for ourselves. Despite saving every possible dollar ...
we are still not able to keep up with rising house prices.

"I would think that there are a lot of young people out there who are
doing the same as Mike and I. I do not think that everyone can be
painted with the same brush."

Cecile Bourgeois, a 39-year-old French teacher who is trying to find a
$500,000 home on a $74,000 income, said some people had no idea what
they were talking about but still thought they could comment.

"I know how to budget and save money, and I have no debts. Still I
can't afford a house in an area I like and feel safe in."

--- SoupGate-Win32 v1.05
* Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)

On Friday, 22 April 2016 11:14:05 UTC+12, Rich80105 wrote:

On Thu, 21 Apr 2016 13:47:23 -0700 (PDT), JohnO <johno1234@gmail.com>
wrote:

This doesn't just apply to house buyers:

http://www.nzherald.co.nz/personal-finance/news/article.cfm?c_id=12&objectid=11626666

How many hard luck stories feature some twit with an iPhone, SkyTV, a car on

h.p. and sucking down a cafe bought flat white?

Probably about as often as we have articles like this: http://www.radiolive.co.nz/Housing-crisis-in-Auckland-Simon-Bridges-says-no/tabid/506/articleID/118723/Default.aspx
and http://www.newshub.co.nz/opinion/opinion-crisis-what-crisis-2016041912#axzz46VLuN4FP

and on the same day in the same paper we have this: http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11626571

and referred to in links given with the article yu cited: http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=11626292

Of course a real estate agent will downplay negative aspects of the

He's not a realestate agent you dipshit. He's a mortgage broker... who's whole job is working out how to get people mortgages. Nobody would know more about housing affordability.

market, and emphasise that yes properties are selling, and that yes
some people are buying their first home - some of them may even be the yong-nat-type twit that you describe cherishes the 42 inch TV and the
leased BMW - but has parents who can help finance that first home
purchase.

You are talking incoherent drivel, as usual.

And then there are articles like this: http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11626617 which gives a possible reason why so many land and property owners are "land-banking" - not developing property as profits will be greater
through waiting for higher prices

You may not have realised, JohnO, that the article you cited went
beyond the first set of photographs - the article continued:

Three house hunters, who the Herald has been following for the Home
Truths series, replied that they were saving as hard as they could.

"We cannot think about affording the luxury car and Sky TV," said
27-year-old Lovely Garg, who is searching with her husband Bharat, 31,
for a $630,000 property on their combined annual income of about
$110,000.

"We are driving a normal Bluebird Sylphy car (working in good
condition) - keeping in mind if we are buying the $3000 car, the
maintenance will be too high and we cannot afford it if the car breaks
down."

She said the couple spent 65 per cent of their after-tax income on
rent and utility bills and the rest went on basics such as food and
clothing.

"We need to think twice if we want to buy something. Money is always
an issue for us."

Gemma Mann, who is trying to buy on a similar price range and income
with her husband Mike Alsweiler and their baby Harper, said they
carefully budgeted every pay day to cover rent, petrol, weekly food
shopping and other expenses.

"Every week we save as much money as humanly possible, and have very
little money for ourselves. Despite saving every possible dollar ...
we are still not able to keep up with rising house prices.

"I would think that there are a lot of young people out there who are
doing the same as Mike and I. I do not think that everyone can be
painted with the same brush."

Cecile Bourgeois, a 39-year-old French teacher who is trying to find a $500,000 home on a $74,000 income, said some people had no idea what
they were talking about but still thought they could comment.

"I know how to budget and save money, and I have no debts. Still I
can't afford a house in an area I like and feel safe in."

Diddums. Start with a house in an area that you don't like. FFS this is exactly
what the problem is - this clown thinks she's entitled to buy her dream house on a single income. She needs to get realistic and lose the sense of entitlement.

--- SoupGate-Win32 v1.05
* Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)

On 2016-04-21, JohnO <johno1234@gmail.com> wrote:

This doesn't just apply to house buyers:

http://www.nzherald.co.nz/personal-finance/news/article.cfm?c_id=12&objectid=11626666

How many hard luck stories feature some twit with an iPhone, SkyTV, a car on

h.p. and sucking down a cafe bought flat white?

All of those are only part of a single mortgage repayment.

--- SoupGate-Win32 v1.05
* Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)

On 22 Apr 2016 05:31:15 GMT, Gordon <Gordon@clear.net.nz> wrote:

On 2016-04-21, JohnO <johno1234@gmail.com> wrote:

This doesn't just apply to house buyers:

http://www.nzherald.co.nz/personal-finance/news/article.cfm?c_id=12&objectid=11626666

How many hard luck stories feature some twit with an iPhone, SkyTV, a car on

h.p. and sucking down a cafe bought flat white?

All of those are only part of a single mortgage repayment.

But still:
https://twitter.com/MattNippert/status/723264548426260480

All JohnO asks is that you wait for 70 years!

--- SoupGate-Win32 v1.05
* Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)

On Fri, 22 Apr 2016 11:14:04 +1200, Rich80105<rich80105@hotmail.com>
wrote:

On Thu, 21 Apr 2016 13:47:23 -0700 (PDT), JohnO <johno1234@gmail.com>
wrote:

This doesn't just apply to house buyers:

http://www.nzherald.co.nz/personal-finance/news/article.cfm?c_id=12&objectid=11626666

How many hard luck stories feature some twit with an iPhone, SkyTV, a car on h.p. and sucking down a cafe bought flat white?

Probably about as often as we have articles like this: >http://www.radiolive.co.nz/Housing-crisis-in-Auckland-Simon-Bridges-says-no/tabid/506/articleID/118723/Default.aspx
and >http://www.newshub.co.nz/opinion/opinion-crisis-what-crisis-2016041912#axzz46VLuN4FP

and on the same day in the same paper we have this: >http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11626571

and referred to in links given with the article yu cited: >http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=11626292

Of course a real estate agent will downplay negative aspects of the
market, and emphasise that yes properties are selling, and that yes
some people are buying their first home - some of them may even be the >yong-nat-type twit that you describe cherishes the 42 inch TV and the
leased BMW - but has parents who can help finance that first home
purchase.

There you go again Rich - is it not possible to be a young,
luxury-loving first home searcher and a young-labour-twit?

And then there are articles like this: >http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11626617 >which gives a possible reason why so many land and property owners are >"land-banking" - not developing property as profits will be greater
through waiting for higher prices

You may not have realised, JohnO, that the article you cited went
beyond the first set of photographs - the article continued:

You may not have realised Rich that JohnO was commenting on
'affordability' and so the 'first set of paragraphs' of the article he
cited encompassed the entire point of his post.

[snip text unrelated to the original post]


--
Crash McBash

--- SoupGate-Win32 v1.05
* Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)

On Mon, 25 Apr 2016 11:40:25 +1200, Crash <nogood@dontbother.invalid>
wrote:

On Fri, 22 Apr 2016 11:14:04 +1200, Rich80105<rich80105@hotmail.com>
wrote:

On Thu, 21 Apr 2016 13:47:23 -0700 (PDT), JohnO <johno1234@gmail.com> >>wrote:

This doesn't just apply to house buyers:

http://www.nzherald.co.nz/personal-finance/news/article.cfm?c_id=12&objectid=11626666

How many hard luck stories feature some twit with an iPhone, SkyTV, a car on

h.p. and sucking down a cafe bought flat white?

Probably about as often as we have articles like this: >>http://www.radiolive.co.nz/Housing-crisis-in-Auckland-Simon-Bridges-says-no/tabid/506/articleID/118723/Default.aspx
and >>http://www.newshub.co.nz/opinion/opinion-crisis-what-crisis-2016041912#axzz46VLuN4FP

and on the same day in the same paper we have this: >>http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11626571

and referred to in links given with the article yu cited: >>http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=11626292 >>
Of course a real estate agent will downplay negative aspects of the
market, and emphasise that yes properties are selling, and that yes
some people are buying their first home - some of them may even be the >>yong-nat-type twit that you describe cherishes the 42 inch TV and the >>leased BMW - but has parents who can help finance that first home
purchase.

There you go again Rich - is it not possible to be a young,
luxury-loving first home searcher and a young-labour-twit?

And then there are articles like this: >>http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11626617 >>which gives a possible reason why so many land and property owners are >>"land-banking" - not developing property as profits will be greater
through waiting for higher prices

You may not have realised, JohnO, that the article you cited went
beyond the first set of photographs - the article continued:

You may not have realised Rich that JohnO was commenting on
'affordability' and so the 'first set of paragraphs' of the article he
cited encompassed the entire point of his post.

[snip text unrelated to the original post]

In so snipping you were presumably hoping htat others would not see
that the parts snipped were in fact directly relevant to
"affordability":
____________
Three house hunters, who the Herald has been following for the Home
Truths series, replied that they were saving as hard as they could.

"We cannot think about affording the luxury car and Sky TV," said
27-year-old Lovely Garg, who is searching with her husband Bharat, 31,
for a $630,000 property on their combined annual income of about
$110,000.

"We are driving a normal Bluebird Sylphy car (working in good
condition) - keeping in mind if we are buying the $3000 car, the
maintenance will be too high and we cannot afford it if the car breaks
down."

She said the couple spent 65 per cent of their after-tax income on
rent and utility bills and the rest went on basics such as food and
clothing.

"We need to think twice if we want to buy something. Money is always
an issue for us."

Gemma Mann, who is trying to buy on a similar price range and income
with her husband Mike Alsweiler and their baby Harper, said they
carefully budgeted every pay day to cover rent, petrol, weekly food
shopping and other expenses.

"Every week we save as much money as humanly possible, and have very
little money for ourselves. Despite saving every possible dollar ...
we are still not able to keep up with rising house prices.

"I would think that there are a lot of young people out there who are
doing the same as Mike and I. I do not think that everyone can be
painted with the same brush."

Cecile Bourgeois, a 39-year-old French teacher who is trying to find a
$500,000 home on a $74,000 income, said some people had no idea what
they were talking about but still thought they could comment.

"I know how to budget and save money, and I have no debts. Still I
can't afford a house in an area I like and feel safe in." ______________________

Perhaps you could think about how long it would take to save a deposit
for a home when 65% of your income is going in rent and utilities -
and how easy that would be for a person on average earnings rather
than a combined income of $110,000 - let us know how much a week yu
could save, and what deposit is needed for a starter freehold home in
Auckland

--- SoupGate-Win32 v1.05
* Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)

On Mon, 25 Apr 2016 15:15:25 +1200, Rich80105<rich80105@hotmail.com>
wrote:

On Mon, 25 Apr 2016 11:40:25 +1200, Crash <nogood@dontbother.invalid>
wrote:

On Fri, 22 Apr 2016 11:14:04 +1200, Rich80105<rich80105@hotmail.com>
wrote:

On Thu, 21 Apr 2016 13:47:23 -0700 (PDT), JohnO <johno1234@gmail.com> >>>wrote:

This doesn't just apply to house buyers:

http://www.nzherald.co.nz/personal-finance/news/article.cfm?c_id=12&objectid=11626666

How many hard luck stories feature some twit with an iPhone, SkyTV, a car on h.p. and sucking down a cafe bought flat white?

Probably about as often as we have articles like this: >>>http://www.radiolive.co.nz/Housing-crisis-in-Auckland-Simon-Bridges-says-no/tabid/506/articleID/118723/Default.aspx
and >>>http://www.newshub.co.nz/opinion/opinion-crisis-what-crisis-2016041912#axzz46VLuN4FP

and on the same day in the same paper we have this: >>>http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11626571

and referred to in links given with the article yu cited: >>>http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=11626292 >>>
Of course a real estate agent will downplay negative aspects of the >>>market, and emphasise that yes properties are selling, and that yes
some people are buying their first home - some of them may even be the >>>yong-nat-type twit that you describe cherishes the 42 inch TV and the >>>leased BMW - but has parents who can help finance that first home >>>purchase.

There you go again Rich - is it not possible to be a young,
luxury-loving first home searcher and a young-labour-twit?

And then there are articles like this: >>>http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11626617 >>>which gives a possible reason why so many land and property owners are >>>"land-banking" - not developing property as profits will be greater >>>through waiting for higher prices

You may not have realised, JohnO, that the article you cited went
beyond the first set of photographs - the article continued:

You may not have realised Rich that JohnO was commenting on
'affordability' and so the 'first set of paragraphs' of the article he >>cited encompassed the entire point of his post.

[snip text unrelated to the original post]

In so snipping you were presumably hoping htat others would not see
that the parts snipped were in fact directly relevant to
"affordability":
____________
Three house hunters, who the Herald has been following for the Home
Truths series, replied that they were saving as hard as they could.

"We cannot think about affording the luxury car and Sky TV," said
27-year-old Lovely Garg, who is searching with her husband Bharat, 31,
for a $630,000 property on their combined annual income of about
$110,000.

"We are driving a normal Bluebird Sylphy car (working in good
condition) - keeping in mind if we are buying the $3000 car, the
maintenance will be too high and we cannot afford it if the car breaks
down."

She said the couple spent 65 per cent of their after-tax income on
rent and utility bills and the rest went on basics such as food and
clothing.

"We need to think twice if we want to buy something. Money is always
an issue for us."

Gemma Mann, who is trying to buy on a similar price range and income
with her husband Mike Alsweiler and their baby Harper, said they
carefully budgeted every pay day to cover rent, petrol, weekly food
shopping and other expenses.

"Every week we save as much money as humanly possible, and have very
little money for ourselves. Despite saving every possible dollar ...
we are still not able to keep up with rising house prices.

"I would think that there are a lot of young people out there who are
doing the same as Mike and I. I do not think that everyone can be
painted with the same brush."

Cecile Bourgeois, a 39-year-old French teacher who is trying to find a >$500,000 home on a $74,000 income, said some people had no idea what
they were talking about but still thought they could comment.

"I know how to budget and save money, and I have no debts. Still I
can't afford a house in an area I like and feel safe in." >______________________

Perhaps you could think about how long it would take to save a deposit
for a home when 65% of your income is going in rent and utilities -
and how easy that would be for a person on average earnings rather
than a combined income of $110,000 - let us know how much a week yu
could save, and what deposit is needed for a starter freehold home in >Auckland

And a bit more "sanity": https://imperatorfish.com/2016/04/24/creek-water-is-free/

But anyone can buy three houses: http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11627945
(wanna talk about-a-flag?)

and the government is helping http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11627729 (small print never gets the headlines)

--- SoupGate-Win32 v1.05
* Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)

"Rich80105" <rich80105@hotmail.com> wrote in message news:4ofjhb94dtlmv22iq4028f04nih93cthkr@4ax.com...

On 22 Apr 2016 05:31:15 GMT, Gordon <Gordon@clear.net.nz> wrote:

On 2016-04-21, JohnO <johno1234@gmail.com> wrote:

This doesn't just apply to house buyers:

http://www.nzherald.co.nz/personal-finance/news/article.cfm?c_id=12&objectid=11626666

How many hard luck stories feature some twit with an iPhone, SkyTV, a
car on h.p. and sucking down a cafe bought flat white?

All of those are only part of a single mortgage repayment.

But still:
https://twitter.com/MattNippert/status/723264548426260480

All JohnO asks is that you wait for 70 years!

Wrong! What he might like if idiots like you and Nippert actualy checked figures before waffling on like a couple of loopy lefty's with no
mathematical ability.

Pooh

--- SoupGate-Win32 v1.05
* Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)