Why housing costs are so ridiculously high

[Moi]

I do wonder about people who set up a retail business of some sort, whether it be the $2 shop concept through to a cafe. There are only so many cafes / bars / cheap $2 shops / vacuum cleaner shops that are needed. How many vacuum cleaners does a person need to buy in their life time?

These are not businesses which generally provide employment for a family person - I am ignoring here the traditional family diary or fruit/veg shop or butcher or such like business. Businesses which employ people with skills [doesn't need to be a trade skill, just the skill to do a job well] seem to be disappearing from the provinces, that is certainly the impression I have gained from travelling round the North Island over the last few years. Yes, Hamilton and Tauranga/the Mount, Palmerston North and New Plymouth still appear to have many such businesses but what about the many other places?

So if these "skill using businesses" are disappearing, what are people supposed to do for a job? It must be extremely disheartening for people in the traditional service centres seeing businesses close and being told they have to go to the main centre some distance away - what do they do for a job? what about the kids going through the local high school?

Don't give me the "they could set up on their own" - some people are not business people.

[eldog]

Very good post there, good attitude.

good attitude at the moment

I have massive swings UP and down - (issues 99% of my own making- I take on way more than I can do.)
Currently on an upswing - getting shit done, which I have been leaving - doing it on my own is great

I am a loner who thinks way too much.... hence the mbike to get away from it all and concentrate on were I am at that moment (nothing else)
I don't do drugs (maybe I should) don't drink much alcohol, try not to get into trouble
I currently have 15 people and their families (more if including customers) who rely on me to supply work to them.
I have help but most things come down to me.

some days I just like to be by myself - even if there is a group/party in the house
some days I want to be part of a group
some days I only want just to be close to friends
some days....

that's why I only have a very select group of people become my close friends - I can be a bit difficult to understand for most people

[Gadget1]

I do wonder about people who set up a retail business of some sort, whether it be the $2 shop concept through to a cafe. There are only so many cafes / bars / cheap $2 shops / vacuum cleaner shops that are needed. How many vacuum cleaners does a person need to buy in their life time?

These are not businesses which generally provide employment for a family person - I am ignoring here the traditional family diary or fruit/veg shop or butcher or such like business. Businesses which employ people with skills [doesn't need to be a trade skill, just the skill to do a job well] seem to be disappearing from the provinces, that is certainly the impression I have gained from travelling round the North Island over the last few years. Yes, Hamilton and Tauranga/the Mount, Palmerston North and New Plymouth still appear to have many such businesses but what about the many other places?

So if these "skill using businesses" are disappearing, what are people supposed to do for a job? It must be extremely disheartening for people in the traditional service centres seeing businesses close and being told they have to go to the main centre some distance away - what do they do for a job? what about the kids going through the local high school?

Don't give me the "they could set up on their own" - some people are not business people.

I'm researching lifestyle blocks and self sufficiency currently. It's a very interesting subject.

[eldog]

I do wonder about people who set up a retail business of some sort, whether it be the $2 shop concept through to a cafe. There are only so many cafes / bars / cheap $2 shops / vacuum cleaner shops that are needed. How many vacuum cleaners does a person need to buy in their life time?

These are not businesses which generally provide employment for a family person - I am ignoring here the traditional family diary or fruit/veg shop or butcher or such like business. Businesses which employ people with skills [doesn't need to be a trade skill, just the skill to do a job well] seem to be disappearing from the provinces, that is certainly the impression I have gained from travelling round the North Island over the last few years. Yes, Hamilton and Tauranga/the Mount, Palmerston North and New Plymouth still appear to have many such businesses but what about the many other places?

So if these "skill using businesses" are disappearing, what are people supposed to do for a job? It must be extremely disheartening for people in the traditional service centres seeing businesses close and being told they have to go to the main centre some distance away - what do they do for a job? what about the kids going through the local high school?

Don't give me the "they could set up on their own" - some people are not business people.

totally agree here, businesses seem to be getting smaller too. Not thinking about the dairy side of things (Fonterra types)

[Zedder]

I'm researching lifestyle blocks and self sufficiency currently. It's a very interesting subject.

Yep, my wife and I are into that as well.

[Zedder]

good attitude at the moment

I have massive swings UP and down - (issues 99% of my own making- I take on way more than I can do.)
Currently on an upswing - getting shit done, which I have been leaving - doing it on my own is great

I am a loner who thinks way too much.... hence the mbike to get away from it all and concentrate on were I am at that moment (nothing else)
I don't do drugs (maybe I should) don't drink much alcohol, try not to get into trouble
I currently have 15 people and their families (more if including customers) who rely on me to supply work to them.
I have help but most things come down to me.

some days I just like to be by myself - even if there is a group/party in the house
some days I want to be part of a group
some days I only want just to be close to friends
some days....

that's why I only have a very select group of people become my close friends - I can be a bit difficult to understand for most people

All looks very human to me.

[sidecar bob]

I'm researching lifestyle blocks and self sufficiency currently. It's a very interesting subject.

Banks are seriously fuckin shy of lifestylers. You will need a far bigger deposit (if you need to borrow money at all) than for a conventional residential home.

[sidecar bob]

All looks very human to me.

What I was thinking. Sounds like a busy man with pressures & responsibilities. S.N.A.F.U.
must learn to multi quote.

[Ocean1]

I do wonder about people who set up a retail business of some sort, whether it be the $2 shop concept through to a cafe. There are only so many cafes / bars / cheap $2 shops / vacuum cleaner shops that are needed. How many vacuum cleaners does a person need to buy in their life time?

These are not businesses which generally provide employment for a family person - I am ignoring here the traditional family diary or fruit/veg shop or butcher or such like business. Businesses which employ people with skills [doesn't need to be a trade skill, just the skill to do a job well] seem to be disappearing from the provinces, that is certainly the impression I have gained from travelling round the North Island over the last few years. Yes, Hamilton and Tauranga/the Mount, Palmerston North and New Plymouth still appear to have many such businesses but what about the many other places?

So if these "skill using businesses" are disappearing, what are people supposed to do for a job? It must be extremely disheartening for people in the traditional service centres seeing businesses close and being told they have to go to the main centre some distance away - what do they do for a job? what about the kids going through the local high school?

Don't give me the "they could set up on their own" - some people are not business people.

It's certainly easier for large businesses to manage the increasingly complex compliance and admin costs than a small business. That alone tends to put SMEs at a disadvantage, and in the long run economies of scale for most supply businesses sees them gone.

It's the one thing I think needs to change if we're serious about improving business start-ups and reducing attrition amongst SMEs, and we need that, they represent 80% of the country's GDP.

But saying some people aren't business people is akin to saying some people aren't good at breathing, if they can't manage the hassles of managing themselves then why should they expect anyone else to do it for them?

[Gadget1]

Banks are seriously fuckin shy of lifestylers. You will need a far bigger deposit (if you need to borrow money at all) than for a conventional residential home.

It's a different scenario alright. Nothing's put me off yet though.

[gjm]

And, in a complete about face, JK has announced capital gains tax on properties sold within two years of the purchase, and also investigation into reducing the effects of overseas buyers purchasing NZ property.

He has not, of course, acknowledged there may be an issue with housing in Auckland.

(Not at all) odd that National are now implementing one of the policies that ensured Labour didn't get a larger share of the vote at the election.

[Voltaire]

And, in a complete about face, JK has announced capital gains tax on properties sold within two years of the purchase, and also investigation into reducing the effects of overseas buyers purchasing NZ property.

He has not, of course, acknowledged there may be an issue with housing in Auckland.

(Not at all) odd that National are now implementing one of the policies that ensured Labour didn't get a larger share of the vote at the election.

I did find it interesting that the so called foreigners did not need to have an IRD number and NZ bank account....so they buy these houses and leave them empty...?

Far easier to get IRD to chase average Kiwi bloke than large companies and rich people.

They are just clarifying the " intent" part of buying a house as an investment.

Labour

[gjm]

I did find it interesting that the so called foreigners did not need to have an IRD number and NZ bank account....so they buy these houses and leave them empty...?

Far easier to get IRD to chase average Kiwi bloke than large companies and rich people.

They are just clarifying the " intent" part of buying a house as an investment.

Labour

The IRD number bit may come later - a belated attempt to curb investment from overseas. At the moment there are known to be a lot of overseas 'investors' buying property, renting it out, and taking the money 'home'. When they sell, it will be because (even) they can't rent out the rundown house they've done no maintenance on, but because prices are rising they'll still make a profit.

Interesting I thought, that while the media and everyone else is calling this a capital gains tax, JK is assuring everyone it isn't a tax on capital gains.

And completely contrary to his position a mere week or two ago, he referred to the housing "issue" on TV this morning.

[sidecar bob]

The primary dwelling thing is merely a chicane, just put it in a relations name & get that persons mail sent there, im sure that part wont slow the Chinese down for a second.

[sidecar bob]

The IRD number bit may come later - a belated attempt to curb investment from overseas. At the moment there are known to be a lot of overseas 'investors' buying property, renting it out, and taking the money 'home'. When they sell, it will be because (even) they can't rent out the rundown house they've done no maintenance on, but because prices are rising they'll still make a profit.

Interesting I thought, that while the media and everyone else is calling this a capital gains tax, JK is assuring everyone it isn't a tax on capital gains.

And completely contrary to his position a mere week or two ago, he referred to the housing "issue" on TV this morning.

A tax on capital gains is a capital gains tax by any other name, a pig with lipstick is still a pig.