JohnO <johno1234@gmail.com> wrote:your
Yep, if the Greens get their way there will be mass bankruptcy and financial >collapse in NZ.
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11682323
Yep, all you Kiwi battlers who have managed to save up a deposit and buy
tofirst house in the last few years: You're fucked if the Greens get into a >government coalition.
Yet another reason these haters and wreckers need to be kept well away from >power.I can't believe that somebody would prefer the guaranteed bankruptcies and collapses of businesses and the fianancial heartbreak this would bring to the mere possibility of a crash which would in any event likely be less severe on the country. She says that other parties are thinking it also - I would like
see some evidence of that. There is a world of difference between thinking about actually doing something and considering the impact of doing something but politicians are not subtel enough to understand that.
Tony
Yep, if the Greens get their way there will be mass bankruptcy and financial >collapse in NZ.I can't believe that somebody would prefer the guaranteed bankruptcies and collapses of businesses and the fianancial heartbreak this would bring to the mere possibility of a crash which would in any event likely be less severe on the country. She says that other parties are thinking it also - I would like to see some evidence of that. There is a world of difference between thinking about actually doing something and considering the impact of doing something but politicians are not subtel enough to understand that.
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11682323
Yep, all you Kiwi battlers who have managed to save up a deposit and buy your >first house in the last few years: You're fucked if the Greens get into a >government coalition.
Yet another reason these haters and wreckers need to be kept well away from >power.
JohnO <johno1234@gmail.com> wrote:
Yep, if the Greens get their way there will be mass bankruptcy and financial >>collapse in NZ.I can't believe that somebody would prefer the guaranteed bankruptcies and >collapses of businesses and the fianancial heartbreak this would bring to the >mere possibility of a crash which would in any event likely be less severe on >the country. She says that other parties are thinking it also - I would like to
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11682323
Yep, all you Kiwi battlers who have managed to save up a deposit and buy your >>first house in the last few years: You're fucked if the Greens get into a >>government coalition.
Yet another reason these haters and wreckers need to be kept well away from >>power.
see some evidence of that. There is a world of difference between thinking >about actually doing something and considering the impact of doing something >but politicians are not subtel enough to understand that.
Tony
Yep, if the Greens get their way there will be mass bankruptcy and financialcollapse in NZ.
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11682323first house in the last few years: You're fucked if the Greens get into a government coalition.
Yep, all you Kiwi battlers who have managed to save up a deposit and buy your
Yet another reason these haters and wreckers need to be kept well away frompower.
On 27/07/2016 2:14 p.m., JohnO wrote:financial collapse in NZ.
Yep, if the Greens get their way there will be mass bankruptcy and
your first house in the last few years: You're fucked if the Greens get into a government coalition.http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11682323
Yep, all you Kiwi battlers who have managed to save up a deposit and buy
power.Yet another reason these haters and wreckers need to be kept well away from
She's right off the wall. Hard to believe as a qualified lawyer that she
is so ignorant of property economics.
On Tue, 26 Jul 2016 22:20:58 -0500, Tony <lizandtony at orcon dot netfinancial
dot nz> wrote:
JohnO <johno1234@gmail.com> wrote:
Yep, if the Greens get their way there will be mass bankruptcy and
yourcollapse in NZ.
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11682323
Yep, all you Kiwi battlers who have managed to save up a deposit and buy
thefirst house in the last few years: You're fucked if the Greens get into a >>government coalition.I can't believe that somebody would prefer the guaranteed bankruptcies and >collapses of businesses and the fianancial heartbreak this would bring to
Yet another reason these haters and wreckers need to be kept well away from >>power.
onmere possibility of a crash which would in any event likely be less severe
tothe country. She says that other parties are thinking it also - I would like
see some evidence of that. There is a world of difference between thinking >about actually doing something and considering the impact of doing something >but politicians are not subtel enough to understand that.
Tony
I heard the interview this morning, and the article gets one detail
wrong,
but certainly does not support the alarmist opinion of JohnO.
She made it clear that, over time, house prices at the affordable end
should return to the level of around 4 times average earnings - and
the period spoken of was around 15 to 20 years.
On the other hand, Natonal are leading many towards financial collapse
- apparently some commentators have assessed that the property bubble
will burst mid to late 2017 if government continues to keep its
fingers in its ears and deny reality. Certainly we are in far worse
shape to go through another international downturn, except for the 1%
at the top of course . . .
On 27/07/2016 2:14 p.m., JohnO wrote:collapse in NZ.
Yep, if the Greens get their way there will be mass bankruptcy and financial
Read this and look at the graphs. 3 to 4 times income doesn;t look too
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11682323
Yep, all you Kiwi battlers who have managed to save up a deposit and buy your first house in the last few years: You're fucked if the Greens get into a government coalition.
Yet another reason these haters and wreckers need to be kept well away from power.
She's right off the wall. Hard to believe as a qualified lawyer that she
is so ignorant of property economics.
On Wednesday, 27 July 2016 18:19:06 UTC+12, Fred wrote:buy your first house in the last few years: You're fucked if the Greens get into a government coalition.
On 27/07/2016 2:14 p.m., JohnO wrote:
Yep, if the Greens get their way there will be mass bankruptcy and financial collapse in NZ.
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11682323
Yep, all you Kiwi battlers who have managed to save up a deposit and
Yet another reason these haters and wreckers need to be kept well away from power.
She's right off the wall. Hard to believe as a qualified lawyer that she
is so ignorant of property economics.
At least Angry little Andy. to his credit, has rejected Turei's mad idea.
On Wednesday, 27 July 2016 15:21:04 UTC+12, nor...@googlegroups.com wrote:to
JohnO <johno1234@gmail.com> wrote:
Yep, if the Greens get their way there will be mass bankruptcy and financialI can't believe that somebody would prefer the guaranteed bankruptcies and >> collapses of businesses and the fianancial heartbreak this would bring to the
collapse in NZ.
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11682323
Yep, all you Kiwi battlers who have managed to save up a deposit and buy your
first house in the last few years: You're fucked if the Greens get into a >>> government coalition.
Yet another reason these haters and wreckers need to be kept well away from >>> power.
mere possibility of a crash which would in any event likely be less severe on
the country. She says that other parties are thinking it also - I would like
seen in this country.see some evidence of that. There is a world of difference between thinking >> about actually doing something and considering the impact of doing something >> but politicians are not subtel enough to understand that.
Tony
Indeed. What Material proposes is far, far worse than any property crash ever
On Wed, 27 Jul 2016 18:18:57 +1200, Fred <dryrot@hotmail.com> wrote:power.
On 27/07/2016 2:14 p.m., JohnO wrote:
Yep, if the Greens get their way there will be mass bankruptcy and financial collapse in NZ.
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11682323
Yep, all you Kiwi battlers who have managed to save up a deposit and buy your first house in the last few years: You're fucked if the Greens get into a government coalition.
Yet another reason these haters and wreckers need to be kept well away from
Read this and look at the graphs. 3 to 4 times income doesn;t look too
She's right off the wall. Hard to believe as a qualified lawyer that she
is so ignorant of property economics.
hard - it applies currently - excluding Auckland . . . http://www.stuff.co.nz/business/money/82522544/economist-predicts-brexitlike-shift-in-attitudes-towards-housing
On Wednesday, 27 July 2016 17:07:21 UTC+12, Rich80105 wrote:financial
On Tue, 26 Jul 2016 22:20:58 -0500, Tony <lizandtony at orcon dot net
dot nz> wrote:
JohnO <johno1234@gmail.com> wrote:
Yep, if the Greens get their way there will be mass bankruptcy and
yourcollapse in NZ.
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11682323
Yep, all you Kiwi battlers who have managed to save up a deposit and buy
fromfirst house in the last few years: You're fucked if the Greens get into a >>government coalition.
Yet another reason these haters and wreckers need to be kept well away
thepower.I can't believe that somebody would prefer the guaranteed bankruptcies and >collapses of businesses and the fianancial heartbreak this would bring to
onmere possibility of a crash which would in any event likely be less severe
like tothe country. She says that other parties are thinking it also - I would
somethingsee some evidence of that. There is a world of difference between thinking >about actually doing something and considering the impact of doing
years they will have nil equity despite all the interest and capital they have paid - fact.but politicians are not subtel enough to understand that.
Tony
I heard the interview this morning, and the article gets one detail
wrong,
What detail would that be?
but certainly does not support the alarmist opinion of JohnO.
I did not express opinion - only fact:
If someone's biggest asset drops by half that is a calamity - fact.
A new home buyer who borrows 80% on a 25 year mortgage only to lose 50% in 15
Losing 50% face value over 15 years is in fact much more than 50% due toinflaction - fact.
Large numbers of home owners in xero equity is a national economiccatastrophe - fact.
She made it clear that, over time, house prices at the affordable end should return to the level of around 4 times average earnings - and
She said three to four times.
the period spoken of was around 15 to 20 years.
She mentioned 2030. That's 14 years.
On the other hand, Natonal are leading many towards financial collapse
- apparently some commentators have assessed that the property bubble
will burst mid to late 2017 if government continues to keep its
fingers in its ears and deny reality. Certainly we are in far worse
shape to go through another international downturn, except for the 1%
at the top of course . . .
Just another litany of lies from Dickbot - ho hum.
On Tue, 26 Jul 2016 22:20:58 -0500, Tony <lizandtony at orcon dot netIt is a silly idea however you look at it. The impact of such a change, however it is triggered, must be disastrous for the country.
dot nz> wrote:
JohnO <johno1234@gmail.com> wrote:
Yep, if the Greens get their way there will be mass bankruptcy and financial >>>collapse in NZ.I can't believe that somebody would prefer the guaranteed bankruptcies and >>collapses of businesses and the fianancial heartbreak this would bring to the >>mere possibility of a crash which would in any event likely be less severe on >>the country. She says that other parties are thinking it also - I would like >>to
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11682323
Yep, all you Kiwi battlers who have managed to save up a deposit and buy >>>your
first house in the last few years: You're fucked if the Greens get into a >>>government coalition.
Yet another reason these haters and wreckers need to be kept well away from >>>power.
see some evidence of that. There is a world of difference between thinking >>about actually doing something and considering the impact of doing something >>but politicians are not subtel enough to understand that.
Tony
I heard the interview this morning, and the article gets one detail
wrong, but certainly does not support the alarmist opinion of JohnO.
She made it clear that, over time, house prices at the affordable end
should return to the level of around 4 times average earnings - and
the period spoken of was around 15 to 20 years.
On the other hand, Natonal are leading many towards financial collapseNonsense, some commentators may have said that but not all commentators have anything of value to say.
- apparently some commentators have assessed that the property bubble
will burst mid to late 2017 if government continues to keep its
fingers in its ears and deny reality. Certainly we are in far worse
shape to go through another international downturn, except for the 1%
at the top of course . . .
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