Our PM Jacinda Ardern (and the government)

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#3012300 20-Dec-2022 12:06

sir1963:

Yes the intent is important, and that has always been stressed to me by my accountant.

And it applies to other things too.

Shares, if your intent is to buy and sell the you are a trader and must pay tax

If you buy 2nd hand good with the intention to sell then you also pay tax but should be registered as a 2bd hand dealer

Sell more than 3(?) cars in a year and you must be a registered auto dealer and pay tax

Replace a plug on the neighbours power cord for free, thats OK, accept any form of payment (even a cup of tea) and you need to be registered

It applies to other things but those other things don't drive something as basic as shelter out of reach for younger Kiwis.

sir1963

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#3012343 20-Dec-2022 13:24

GV27:

sir1963:

Yes the intent is important, and that has always been stressed to me by my accountant.

And it applies to other things too.

Shares, if your intent is to buy and sell the you are a trader and must pay tax

If you buy 2nd hand good with the intention to sell then you also pay tax but should be registered as a 2bd hand dealer

Sell more than 3(?) cars in a year and you must be a registered auto dealer and pay tax

Replace a plug on the neighbours power cord for free, thats OK, accept any form of payment (even a cup of tea) and you need to be registered

It applies to other things but those other things don't drive something as basic as shelter out of reach for younger Kiwis.

Thats weird, because I have a teenaged solo mum in one and an intellectually handicapped person in another.

Both are in warm, dry, safe houses.

The solo mum was in "emergency housing" in a pub that had a gang issue and was so please to get out.

They are only paying a Max of 75% of market rent

And in another property I have a young family with young 3 girls who are pleased to live so close to the kids school.

So tell me, what are YOU doing about making people lives better ?

Do you have a homeless person living in your spare bedroom for free ?

sir1963

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#3012374 20-Dec-2022 14:54

well if this does not say your political career is going down the gurgler ....

https://www.stuff.co.nz/entertainment/tv-radio/300769663/jacinda-ardern-to-appear-in-meghan-and-harrys-next-netflix-project

GV27

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#3012389 20-Dec-2022 15:46

sir1963:

So tell me, what are YOU doing about making people lives better ?

Do you have a homeless person living in your spare bedroom for free ?

What am I doing? Keeping my family in a stable family home.

I also only own one of them. Contrary to what some property investors think, rental properties don't just vanish if someone owns and lives in one.

Investors making up 30% of the market and displacing first home buyers for capital gains was abject market and moral failure. Like I say, it was a rort. I'm glad it was stopped.

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#3012472 20-Dec-2022 18:12

sir1963:

well if this does not say your political career is going down the gurgler ....

https://www.stuff.co.nz/entertainment/tv-radio/300769663/jacinda-ardern-to-appear-in-meghan-and-harrys-next-netflix-project

Did you read the article?

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#3012500 20-Dec-2022 18:41

GV27:

Investors making up 30% of the market and displacing first home buyers for capital gains was abject market and moral failure. Like I say, it was a rort. I'm glad it was stopped.

Not everyone in NZ can afford to buy (irregardless of the prices today, that applied before) and some dont want to buy they want a free-er life. If we had no landlords, i.e. investors, then what?

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#3012501 20-Dec-2022 18:48

Rikkitic:

Did you read the article?

Not much to read there, but I agree with you. I like the Royal Family but I have NO issue with Harry departing. But the Brits hate it and him and her. I know some Brits and they hate her, and because of "her" they hate him. Not sure how relevant this is to the thread title? Unless supporting a couple who wish to live a free life not run by a dictatorship is a problem? As I said i like the Royal Family, but if some wish to not have their life controlled and wish to leave, no issues, and no issues with the PM being ok with that.

But its election year, almost

sir1963

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#3012503 20-Dec-2022 18:54

GV27:

sir1963:

So tell me, what are YOU doing about making people lives better ?

Do you have a homeless person living in your spare bedroom for free ?

What am I doing? Keeping my family in a stable family home.

I also only own one of them. Contrary to what some property investors think, rental properties don't just vanish if someone owns and lives in one.

Investors making up 30% of the market and displacing first home buyers for capital gains was abject market and moral failure. Like I say, it was a rort. I'm glad it was stopped.

So nothing then. Not even giving a young family $10 a week to help with their rent/mortgage/groceries ?

Nor have you offered any rational solution. Nor have you said what happens to those who can not afford to buy, school leavers, separated family , immigrants, refugees, tertiary students, etc etc etc.

Other countries with even LOWER home ownership rates have bigger economies than NZ

At no point has there EVER been an entitlement to own your own home.

And the last rental I bought was 10 years ago and I was never in it for the capital gains. Historically the sharemarket has out performed housing.

With interest rates rising, we are going to see a number of 1st home buyers lose their home as they can not afford the payments.

If I charged market rents I would be about $1000 a week better off, instead the tenants are better off.

And it was everyone, including YOU who made the capital gains.

And it was ALWAYS going to stop, it was an artefact of the Global Financial crisis, followed by covid giving years of unprecedented low interest rates.

I remember interest rates of 20% plus.

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#3012510 20-Dec-2022 19:08

Yep, not every landlord is a "insert adjective here". Its part of NZ housing for many reasons. As Ive stayed in whatever thread it was, Mum and Dad landlords are highly likely to give a better deal than corporates and associated property managers

I guess what miffs me is when landlords, boomers are stated/inferred as leachers.

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#3012512 20-Dec-2022 19:13

sir1963:
well if this does not say your political career is going down the gurgler ....
https://www.stuff.co.nz/entertainment/tv-radio/300769663/jacinda-ardern-to-appear-in-meghan-and-harrys-next-netflix-project

As the article says

“All communication throughout has been with the Nelson Mandela Foundation (there has been no communication with the Duke and Duchess of Sussex regarding the project),” a spokesperson for the Prime Minister told Stuff on Tuesday.

...and the interview is 2 1/2 years old. H&M were added later to introduce the series. The couple are somewhat polarizing at this time and not what any politician would choose imo.

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#3012513 20-Dec-2022 19:20

gzt:
sir1963:

well if this does not say your political career is going down the gurgler ....

https://www.stuff.co.nz/entertainment/tv-radio/300769663/jacinda-ardern-to-appear-in-meghan-and-harrys-next-netflix-project

As the article says
“All communication throughout has been with the Nelson Mandela Foundation (there has been no communication with the Duke and Duchess of Sussex regarding the project),” a spokesperson for the Prime Minister told Stuff on Tuesday.

...and the interview is 2 1/2 years old. H&M were added later to introduce the series. The couple are somewhat polarizing at this time and not what any politician would choose imo.

Thanks for clarifying that, although in my opinion (as someone who was raised with the Queen and Royal Family) it should not be polarising, not in todays PC world.

We castigate discrimination and dictatorships, so what's wrong with distancing yourself from that life? Obviously belongs in another thread but there you go

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Rikkitic

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#3012569 20-Dec-2022 19:54

I have zero interest in the royal family and their machinations. But with Greta Thunberg and Ruth Bader Ginsberg (and others) I would say the PM is in pretty good company, and as has been pointed out, her participation was a couple years ago. This hardly seems like career-ending stuff to me. Any connection with H&M is tenuous at best. Nothing to see here. Move on.

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GV27

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#3012628 21-Dec-2022 07:12

sir1963:

So nothing then. Not even giving a young family $10 a week to help with their rent/mortgage/groceries ?

Nor have you offered any rational solution. Nor have you said what happens to those who can not afford to buy, school leavers, separated family , immigrants, refugees, tertiary students, etc etc etc.

Other countries with even LOWER home ownership rates have bigger economies than NZ

At no point has there EVER been an entitlement to own your own home.

Not this crap again.

1) 20% interest rates were for a short period of time, at a time when houses were still about 3x - 4x annual earnings and wage inflation was huge, even compared to now. It is a tedious boomer talking point that is frankly no longer relevant.

2) I don't have provide an audit of my benevolence to express moral outrage at the bankrupt approach of investors taking the piss out of the tax system over the last 20 years to feather their own nests at the expense of new market entrants.

3) New Zealand has had a much higher home ownership rate than it does now. Not other countries. Not bigger countries. The country were are literally in right now. That has gone backwards at a rapid rate of knots.

4) I never said anyone had an entitlement to anything. The only one acting like they were entitled to anything is you.

You seem to have this idea that long posts of single-lined text make a point more valid. It simply does not.

E: Also, I have owned one house, ever. I still own it. Do not for a second be so arrogant to presume to speak for my own personal position when you have no information and no understanding of my situation.

sir1963

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#3012662 21-Dec-2022 10:39

GV27:

3) New Zealand has had a much higher home ownership rate than it does now. Not other countries. Not bigger countries. The country were are literally in right now. That has gone backwards at a rapid rate of knots.

4) I never said anyone had an entitlement to anything. The only one acting like they were entitled to anything is you.

NZ has also had LOWER home ownership rates, they vary.

And NZ has gone forwards, not backwards.

Then stop complaining about people not owning their own homes. People ARE entitled to shelter, but not ownership.

GV27

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#3012689 21-Dec-2022 11:58

sir1963:

NZ has also had LOWER home ownership rates, they vary.

And NZ has gone forwards, not backwards.

Then stop complaining about people not owning their own homes. People ARE entitled to shelter, but not ownership.

Cool. Now tell me what having a shortage of actual housing does to rents and housing costs. Uh oh, maybe those two things are linked.

And yea, our all-time housing ownership low is from 1951 during the post-war era supply shocks. Again, not really super relevant anymore in an age of globalisation and supply chains for goods and materials that span continents, is it?

Despite your protestations, I can continue to say what I like, and I continue to maintain that housing investment en masse in search of cheap and easy capital gains has done untold damage to the social fabric of this country.

Whether you like me saying it or not is irrelevant to whether I can say it.

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