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networkn
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  #2241197 20-May-2019 10:46
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tdgeek:

 

For my part Im out, I'll just read the drivel and chuckle.

 

 

We are in Tui Billboard territory at this point.

 

 




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  #2241199 20-May-2019 10:53
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networkn:

 

tdgeek:

 

For my part Im out, I'll just read the drivel and chuckle.

 

 

We are in Tui Billboard territory at this point.

 

 

 

 

Could not agree more


networkn
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Aredwood
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  #2241378 20-May-2019 13:17

networkn:

 


https://www.newshub.co.nz/home/politics/2019/05/kiwibuild-fails-to-attract-any-buyers-in-canterbury.html


 


Not a surprise at this point.


 



And even worse, The penalties for flipping kiwibuild houses for profit have been mostly removed. Previously, if you sold within 5 years, you had to hand your entire profit to the government. Now that has been reduced to 3 years, and you only have to hand back 30% of your profit.

In other words, Privatise the profits, Socialize the losses. If National did the above, everyone would be screaming. Neoliberal! Neoliberal! Neoliberal!

https://www.newshub.co.nz/home/politics/2018/11/exclusive-housing-minister-s-backdown-on-penalties-for-kiwibuild-property-flippers.html





Rikkitic
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  #2241383 20-May-2019 13:19
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networkn:

 

 

 

https://www.newshub.co.nz/home/politics/2019/05/kiwibuild-fails-to-attract-any-buyers-in-canterbury.html

 

 

 

Not a surprise at this point.

 

 

 

 

Why is it not a surprise? I'm not disagreeing but if you are going to make an assertion like that, you need to explain it.

 

 





Plesse igmore amd axxept applogies in adbance fir anu typos

 


 


networkn
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  #2241384 20-May-2019 13:19
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Not to mention there is a reasonable chance these will be sold at a loss to the Government but the developers will make the agreed amount of money.

 

There would be screaming about cronyism as well don't forget. 

 

 


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  #2241555 20-May-2019 15:04
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networkn:

 

Not to mention there is a reasonable chance these will be sold at a loss to the Government but the developers will make the agreed amount of money.

 

There would be screaming about cronyism as well don't forget. 

 

 

 

 

and this is a blatant waste of taxpayers money that could have been going to a failing health system or at least Pharmac for cancer treatments. This is almost as bad as the hand outs from Shane Jones. Labour needs to re-prioritise its spending urgently so it goes where its most needed. This Kiwibuild hemorrhage is a disgrace. 


 
 
 

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networkn
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  #2241559 20-May-2019 15:10
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I am unsure how much money has been spent, but bureaucracy is expensive. I wonder when or if we will ever see an accurate costing of Tax Payer Dollars on this project.

 

I'll also be interested, now that half the money is spent (according to media report last week) how much tangible benefit the NZF Regional fund will have produced. I am actually a little surprised that by now, reports of misspending haven't started to come out. That's not a "this Government" issue, I don't believe a project like this should exist anywhere, money spent in this fashion always produces signifcant waste. 

 

 


networkn
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  #2241562 20-May-2019 15:13
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Why is it not a surprise? I'm not disagreeing but if you are going to make an assertion like that, you need to explain it.

 

 

 

 

The pros and cons of Kiwibuild have been discussed here at lengths. You say it's an unmitigated disaster yourself. It should be pretty obvious, but if not, feel free to go back through the discussion.

 

It's pretty clear that these houses aren't attractive to potential buyers even at the subsidised price. I know only of one couple personally (in Auckland) who went to look at one, and said they didn't want to live in one, they weren't nicely designed and laid out and didn't feel homely. They felt cheap.

 

 

 

 


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  #2241566 20-May-2019 15:16
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Bluntj:

 

and this is a blatant waste of taxpayers money that could have been going to a failing health system or at least Pharmac for cancer treatments. This is almost as bad as the hand outs from Shane Jones. Labour needs to re-prioritise its spending urgently so it goes where its most needed. This Kiwibuild hemorrhage is a disgrace. 

 

 

I agree. It's over, they need to cut their losses, better to dump a failed policy than try to avoid flak by flogging a dead horse. PR can spin that, then disband it and move on.


Bluntj
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  #2241689 20-May-2019 16:38
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tdgeek:

 

Bluntj:

 

and this is a blatant waste of taxpayers money that could have been going to a failing health system or at least Pharmac for cancer treatments. This is almost as bad as the hand outs from Shane Jones. Labour needs to re-prioritise its spending urgently so it goes where its most needed. This Kiwibuild hemorrhage is a disgrace. 

 

 

I agree. It's over, they need to cut their losses, better to dump a failed policy than try to avoid flak by flogging a dead horse. PR can spin that, then disband it and move on.

 

 

 

 

Its simply not helping those that it was intended to help. Seems to be only helping developers and agents.


Rikkitic
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  #2241713 20-May-2019 17:11
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What I don't understand is that these homes are priced at well over half a million. Maybe in Auckland, but not elsewhere. This kind of price is crazy if your target group is young first-time buyers. For that reason alone, it does not surprise me that there is so little demand. Surely acceptable homes can be produced for less than this?

 

 





Plesse igmore amd axxept applogies in adbance fir anu typos

 


 


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  #2241717 20-May-2019 17:19
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Bluntj:

 

tdgeek:

 

Bluntj:

 

and this is a blatant waste of taxpayers money that could have been going to a failing health system or at least Pharmac for cancer treatments. This is almost as bad as the hand outs from Shane Jones. Labour needs to re-prioritise its spending urgently so it goes where its most needed. This Kiwibuild hemorrhage is a disgrace. 

 

 

I agree. It's over, they need to cut their losses, better to dump a failed policy than try to avoid flak by flogging a dead horse. PR can spin that, then disband it and move on.

 

 

 

 

Its simply not helping those that it was intended to help. Seems to be only helping developers and agents.

 

 

Agree. Whilst it was clear the target was too high, the end result is that housing prices are unaffordable, so those that need help still couldn't buy if they were there.

 

The two lines of average salary and average house price are too far divided, that cannot be fixed. The only option I can see is to do something to foster developments out of the main centres, but thats a slow burn, as that also involves businesses doing the same. Or allow LONG mortgages so at least the owners can pass on to their kids, but as interest is a major part of repayments, that wont work either. Given that the last Govt talked about the RMA and did nothing, and this Govt is the same so far, its very simple. Some can afford to buy, some will never afford to buy. So, its a topic thats not worth talking about anymore.


networkn
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  #2241719 20-May-2019 17:21
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Rikkitic:

What I don't understand is that these homes are priced at well over half a million. Maybe in Auckland, but not elsewhere. This kind of price is crazy if your target group is young first-time buyers. For that reason alone, it does not surprise me that there is so little demand. Surely acceptable homes can be produced for less than this?


 



Houses can but it's the land that costs so much.

tdgeek
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  #2241725 20-May-2019 17:24
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Rikkitic:

 

What I don't understand is that these homes are priced at well over half a million. Maybe in Auckland, but not elsewhere. This kind of price is crazy if your target group is young first-time buyers. For that reason alone, it does not surprise me that there is so little demand. Surely acceptable homes can be produced for less than this?

 

 

 

 

Today there was a very very cool tiny house in the news. Bunnings are doing them as well. Who I value my sq m and 1/4 acre, many like apartments, so these tiny homes on a piece of land, big or small seem to be the only way forward. RMA needs to be sorted big time. Years ago I was going to demolish a house and subdivide. 50k to draw a line. Let alone fences, drives, paths etc. Without that clerical 50k (yes I know a surveyor needs to drive there for a few hours to pop pegs in) it would have happened. Two 3 BR homes where one 3BR was. But no, cannot happen easily.


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