Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.
View this topic in a long page with up to 500 replies per page Create new topic
1 | 2 | 3
12597 posts

Uber Geek
+1 received by user: 5912

Trusted

  Reply # 1835506 2-Aug-2017 10:29
Send private message

6FIEND:

 

Geektastic:

 

So in essence, everyone wants to solve the 'housing crisis' but no one wants to accept any reasonably cost effective solution to do so?

 

 

 

 

No.  It seems that a large number of people are simply waiting for a change in government so that "Rich Pr!cks" such as yourself can be taxed, levied, and otherwise compelled to give up the fruits of your labours for the benefit of those that would not or could not achieve success for themselves.  ;-P

 

 

 

 

 

 

Its not about that at all. Building low cost high density housing is no cheaper, it simply moves the costs from one entry in the ledger to another. It needs to be a holistic solution and that is why it is hard.

 

Oh we probably meet the  descriptive of "rich" and are willing to pay more taxes to fix this issue





Mike
Retired IT Manager. 
The views stated in my posts are my personal views and not that of any other organisation.

 

 It's our only home, lets clean it up then...

 

Take My Advice, Pull Down Your Pants And Slide On The Ice!

 

 


Glurp
7571 posts

Uber Geek
+1 received by user: 3541

Subscriber

  Reply # 1835546 2-Aug-2017 10:56
Send private message

One thing that always perplexes me when complaints about taxing the 'rich' to help the 'poor' come up, is the implied assumption that the poor are always that way because they are lazy or incapable, and the rich are well-off because they are so 'hard-working'. Of course there is an element of truth to this, but it completely overlooks things like background and opportunity, not to mention simple good luck. I think it is the height of arrogance to assume that someone who is disadvantaged deserves to be, and is therefore not entitled to a hand up by those who have been blessed by life.

 

 





I reject your reality and substitute my own. - Adam Savage
 


1201 posts

Uber Geek
+1 received by user: 472


  Reply # 1835810 2-Aug-2017 15:25
3 people support this post
Send private message

Rikkitic:

 

6FIEND:

 

No.  It seems that a large number of people are simply waiting for a change in government so that "Rich Pr!cks" such as yourself can be taxed, levied, and otherwise compelled to give up the fruits of your labours for the benefit of those that would not or could not achieve success for themselves.  ;-P

 

 

That is a rather narrow way of looking at it. Maybe some just need to be shown the satisfaction of helping the less fortunate.

 

 

We can help the less fortunate by helping them find work and getting them into jobs (with some welfare if/when needed as a safety net). Continual handouts won't help and is never going to solve anything.

 

 

 

 

 

 


12597 posts

Uber Geek
+1 received by user: 5912

Trusted

  Reply # 1835832 2-Aug-2017 15:53
Send private message

Wiggum:

 

Rikkitic:

 

6FIEND:

 

No.  It seems that a large number of people are simply waiting for a change in government so that "Rich Pr!cks" such as yourself can be taxed, levied, and otherwise compelled to give up the fruits of your labours for the benefit of those that would not or could not achieve success for themselves.  ;-P

 

 

That is a rather narrow way of looking at it. Maybe some just need to be shown the satisfaction of helping the less fortunate.

 

 

We can help the less fortunate by helping them find work and getting them into jobs (with some welfare if/when needed as a safety net). Continual handouts won't help and is never going to solve anything.

 

 

 

 

 

 

 

 

 

 

Taking them away solves nothing and creates a whole lot more trouble and issues even for wage and salary earners.





Mike
Retired IT Manager. 
The views stated in my posts are my personal views and not that of any other organisation.

 

 It's our only home, lets clean it up then...

 

Take My Advice, Pull Down Your Pants And Slide On The Ice!

 

 




11470 posts

Uber Geek
+1 received by user: 3679

Trusted
Subscriber

  Reply # 1835868 2-Aug-2017 16:35
One person supports this post
Send private message

sen8or:

 

For land prices to drop, supply has to increase or demand has to decrease, thats basic economics.

 

For land supply to increase either crown or council owned land has to be opened up to development or, private owners of large blocks have to be prepared to sell (or develop). Problem is, council or crown owned land is typically parks, reserves, "culturally significant sites" or other such things. Try and develop those and all the perpetually aggrieved tree huggers come out in protest that the blue spotted mite lives there and we can't possibly destroy its habitat for housing developments. If the land is privately owned, sale price is pretty much the only thing that will motivate a land owner to sell, if the price isn't high enough, they'll typically wait until the price is right, restricting supply and driving up the price until they are happy again.

 

Don't forget, "the country" doesn't have a housing crisis, Auckland does. Theres plenty of land in most other parts of NZ, even in Christchurch where entire suburbs were "lost", the city simply grew in other areas, the "CBD" dispersed to outlying suburbs. The council is now trying to develop the inner city and bring business back in, but business has moved on, people have moved on and realised that business doesn't have to all be done within a few square blocks.

 

Now if the Govt were to incentivize "big business" away from Auckland to outlying areas but with good access to transport options (air, rail, sea) then this unending need to migrate to Auckland because of the opportunities might ease off and supply might then start to outstrip demand and price will come down, a bit, but in a declining market, unless people have to sell (forced sale through financial or other circumstances) then typically they won't, again, restricting supply until equilibrium of supply/demand is met.

 

 

 

 

You are correct in your statement that land prices will only fall when either there is more land available than people wish to purchase or there are fewer purchasers than available land.

 

One of the problems, as I have said before, is that NZ rules require the land owner to become a quasi developer, as in order to get title in a subdivision the owner has to build the roads, fences, power, phone, drainage and so on before the council will allow seperate title to be granted.

 

Simply because a person owns (or at least, pays the mortgage on) land which could be subdivided does not mean that person can access the significant funds required to execute the works which may well run into hundreds of thousands of dollars in many cases.

 

A change in the law to allow the title to be issued so the sale can take place, with the obligation for executing the works falling on the purchaser not the vendor will likely free up a lot more land.

 

 






6685 posts

Uber Geek
+1 received by user: 3441


  Reply # 1836604 3-Aug-2017 14:48
One person supports this post
Send private message
14098 posts

Uber Geek
+1 received by user: 1788


  Reply # 1836805 3-Aug-2017 19:29
One person supports this post
Send private message

Rikkitic:

 

One thing that always perplexes me when complaints about taxing the 'rich' to help the 'poor' come up, is the implied assumption that the poor are always that way because they are lazy or incapable, and the rich are well-off because they are so 'hard-working'. Of course there is an element of truth to this, but it completely overlooks things like background and opportunity, not to mention simple good luck. I think it is the height of arrogance to assume that someone who is disadvantaged deserves to be, and is therefore not entitled to a hand up by those who have been blessed by life.

 

 

 

 

 

 

Yes, potentially there is a lot of luck, which can also come down to who you know. Also comes down to IQ and intelligence. As well as upbringing and morals. Another thing is health, which then goes back to luck. If you are unlucky enough to have health problems that prevent you from working, then you are likely to be poor.


2106 posts

Uber Geek
+1 received by user: 525


  Reply # 1839396 4-Aug-2017 23:35
Send private message

Internet Party (yes they do exist) have quite a different idea of how it could be solved

 

 

 

TLDR, There are apparently 30,000 empty houses in Auckland, their plan is to fill them with vetted tenants instead of the govt paying $2000 per week for motels (excluding baches and second family homes)




11470 posts

Uber Geek
+1 received by user: 3679

Trusted
Subscriber

  Reply # 1839426 5-Aug-2017 09:11
Send private message

Yabanize:

Internet Party (yes they do exist) have quite a different idea of how it could be solved


 


TLDR, There are apparently 30,000 empty houses in Auckland, their plan is to fill them with vetted tenants instead of the govt paying $2000 per week for motels (excluding baches and second family homes)



Do you mean that they wish to purchase these houses from their owners, or that they merely intend to steal them by force?





2106 posts

Uber Geek
+1 received by user: 525


  Reply # 1839490 5-Aug-2017 12:10
Send private message

Geektastic:
Yabanize:

 

Internet Party (yes they do exist) have quite a different idea of how it could be solved

 

 

 

 

 

 

 

TLDR, There are apparently 30,000 empty houses in Auckland, their plan is to fill them with vetted tenants instead of the govt paying $2000 per week for motels (excluding baches and second family homes)

 



Do you mean that they wish to purchase these houses from their owners, or that they merely intend to steal them by force?

 

No, the same people would own them, They just can't keep them empty, the owners must rent out their empty houses. All explained in the video, about 7 mins long.


Glurp
7571 posts

Uber Geek
+1 received by user: 3541

Subscriber

  Reply # 1839495 5-Aug-2017 12:34
Send private message

This kind of thing has also been done in Europe by making it illegal to keep investment properties empty when there is not enough housing to meet demand.

 

 





I reject your reality and substitute my own. - Adam Savage
 


6685 posts

Uber Geek
+1 received by user: 3441


  Reply # 1839510 5-Aug-2017 13:57
Send private message

There's a new "vacancy tax" for foreign investors in Aus, IIRC a $5k tax if a property is vacant more than 6 months.

 

I expect this to have no impact at all on property prices and rents within spitting distance of the CBD of Sydney/Melbourne CBDs.

 

 


1201 posts

Uber Geek
+1 received by user: 472


  Reply # 1839711 6-Aug-2017 08:28
Send private message

Rikkitic:

 

This kind of thing has also been done in Europe by making it illegal to keep investment properties empty when there is not enough housing to meet demand.

 

 

 

 

I guess that would mean I would have to sell up the bach. It stands empty most of the year.


6685 posts

Uber Geek
+1 received by user: 3441


  Reply # 1839754 6-Aug-2017 10:01
Send private message

"Fundamentally Auckland house prices are amongst the least affordable in the world because most Auckland voters are more than happy with the status quo," he says. 

 

"They care little for the inequity of their untaxed gains or the plight of low-income young families at the bottom of the housing ladder."

 

(From forward to ACT Party leader / Epsom candidate David Seymour's new book)

 

 But wait...


Glurp
7571 posts

Uber Geek
+1 received by user: 3541

Subscriber

  Reply # 1839782 6-Aug-2017 11:21
One person supports this post
Send private message

Wiggum:

 

I guess that would mean I would have to sell up the bach. It stands empty most of the year.

 

 

Batches and second homes specifically excluded. This is about properties being kept empty for investment or other speculative purposes.

 

 





I reject your reality and substitute my own. - Adam Savage
 


1 | 2 | 3
View this topic in a long page with up to 500 replies per page Create new topic

Twitter »

Follow us to receive Twitter updates when new discussions are posted in our forums:



Follow us to receive Twitter updates when news items and blogs are posted in our frontpage:



Follow us to receive Twitter updates when tech item prices are listed in our price comparison site:





News »

Microsoft Dynamics 365 Business Central launches
Posted 10-Jul-2018 10:40


Spark completes first milestone in voice platform upgrade
Posted 10-Jul-2018 09:36


Microsoft ices heated developers
Posted 6-Jul-2018 20:16


PB Technologies charged for its extended warranties and warned for bait advertising
Posted 3-Jul-2018 15:45


Almost 20,000 people claim credits from Spark
Posted 29-Jun-2018 10:40


Cove sells NZ's first insurance policy via chatbot
Posted 25-Jun-2018 10:04


N4L helping TAKA Trust bridge the digital divide for Lower Hutt students
Posted 18-Jun-2018 13:08


Winners Announced for 2018 CIO Awards
Posted 18-Jun-2018 13:03


Logitech Rally sets new standard for USB-connected video conference cameras
Posted 18-Jun-2018 09:27


Russell Stanners steps down as Vodafone NZ CEO
Posted 12-Jun-2018 09:13


Intergen recognised as 2018 Microsoft Country Partner of the Year for New Zealand
Posted 12-Jun-2018 08:00


Finalists Announced For Microsoft NZ Partner Awards
Posted 6-Jun-2018 15:12


Vocus Group and Vodafone announce joint venture to accelerate fibre innovation
Posted 5-Jun-2018 10:52


Kogan.com to launch Kogan Mobile in New Zealand
Posted 4-Jun-2018 14:34


Enable doubles fibre broadband speeds for its most popular wholesale service in Christchurch
Posted 2-Jun-2018 20:07



Geekzone Live »

Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.



Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.

Alternatively, you can receive a daily email with Geekzone updates.