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Thread: Are property investors the scourge of the earth?

  1. #61
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    Quote Originally Posted by Laava View Post
    Careful bro! We'll tag you in the Dual Logins thread!
    Duel logins....oh you mean Like Kuntman and Cuntsina...........
    Quote Originally Posted by Katman View Post
    I reminder distinctly .




    Kinky is using a feather. Perverted is using the whole chicken

  2. #62
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    Quote Originally Posted by Akzle View Post
    i'm richer than all y'all.
    Yes Sir, we know you are.

    How high would you like us to jump?

  3. #63
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    Quote Originally Posted by HenryDorsetCase View Post
    My favourite commercial jobs are ones where the client owns the site, then spends $300k or so on plans. planners, traffic engineers and council. Before a spade is turned in the earth.

    I had a guy setting up a bar in a new commercial build on the busiest road in town. He was forced by council to put a "noise lobby" into the site taking out two restaurant tables - onto a road that is thronged with traffic all the time. Council were concerned about "noise spill" into the street from the restaurant. Oh, the acoustic engineer? two lots of $8k. Traffic engineer (it had two carparks round the back) $5k. Fire engineer (probably necessary) $12k.

    I did OK out of it too but it was a lot of work.

    Heh, there's quite a lot involved alright. From my time at Fulton Hogan and Downers, iirc it went: feasibilty assessments/budget costings, topographical survey/scheme plan of development, resource consent application and issue of consent then site construction.

  4. #64
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    Quote Originally Posted by husaberg View Post
    Duel logins....oh you mean Like Kuntman and Cuntsina...........
    is Duel Logins related to Kenny Logins? Are we in a zone.....? of danger?


    are we in the DANGER ZONE?

    https://www.youtube.com/watch?v=siwpn14IE7E

    I thought elections were decided by angry posts on social media. - F5 Dave

  5. #65
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    Quote Originally Posted by Zedder View Post
    Heh, there's quite a lot involved alright. From my time at Fulton Hogan and Downers, iirc it went: feasibilty assessments/budget costings, topographical survey/scheme plan of development, resource consent application and issue of consent then site construction.
    the hilarious thing was it was a new build, and the rent was pretty outrageous and it was zoned "commercial" but hospo was discretionary not permitted. Add to that the fucking council trying to "curtail" the number of likker outlets (and the hours --- fuck, the hours... dont get me started) and it was a ginormous fuckup --- took a year. Oh, and the builder on the fitout was a complete fucking douchecanoe. Sees Asians and thinks welp, they've got nothing but money (sometimes but not necessarily true) and I can charge what I like. I had a number of quite testy conversations with that fuckwit. Turns out a lot of people have no idea about the CCA disputes process. Nor do I really but the important thing was I knew more than him, and I also am friends with one of the best commercial barristers in the town. So fuck that arse clown.
    I thought elections were decided by angry posts on social media. - F5 Dave

  6. #66
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    Quote Originally Posted by HenryDorsetCase View Post
    is Duel Logins related to Kenny Logins? Are we in a zone.....? of danger?


    are we in the DANGER ZONE?

    https://www.youtube.com/watch?v=siwpn14IE7E
    I prefered Top gun to footloose
    Quote Originally Posted by Katman View Post
    I reminder distinctly .




    Kinky is using a feather. Perverted is using the whole chicken

  7. #67
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    Quote Originally Posted by YellowDog View Post
    Yes Sir, we know you are.

    How high would you like us to jump?
    doesn't concern me

  8. #68
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    Quote Originally Posted by Ocean1 View Post
    Also: You Rich Pricks sicken me.
    I only bought some dirt that's probably worth no more than I paid for it. It's not like I trail ride a R1200gs or anything. Post #38 Cassina.

    https://www.kiwibiker.co.nz/forums/s...S-models/page3

  9. #69
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    Quote Originally Posted by sidecar bob View Post
    I only bought some dirt that's probably worth no more than I paid for it. It's not like I trail ride a R1200gs or anything. Post #38 Cassina.

    https://www.kiwibiker.co.nz/forums/s...S-models/page3
    At least I didn't abuse you for not being unemployed.

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    Go soothingly on the grease mud, as there lurks the skid demon

  10. #70
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    Quote Originally Posted by husaberg View Post
    I prefered Top gun to footloose
    I prefer ARCHER to either of those. Though I did like the GPz900 Tom Cruise (sorry, Maverick) was riding in TOP GUN
    I thought elections were decided by angry posts on social media. - F5 Dave

  11. #71
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    Quote Originally Posted by HenryDorsetCase View Post
    I prefer ARCHER to either of those. Though I did like the GPz900 Tom Cruise (sorry, Maverick) was riding in TOP GUN
    With no helmet as he was sooooo cool.
    At least he never went on group rides
    Quote Originally Posted by Katman View Post
    I reminder distinctly .




    Kinky is using a feather. Perverted is using the whole chicken

  12. #72
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    Quote Originally Posted by R650R View Post
    Back in the day....when we had a stable housing market everyone was complaining about dole bludgers and welfare families having a free house for life, someone started spousing user pays.... So someone though it was a a good idea to sell off a large amount of these assetts to the private sector, and that welfare recipient should pay market rents... Some or many of you voted for that someone....
    About this time the unions started dying off, individual employment contracts came out and people started thinking about themselves... Soon wages for many jobs were shite so people started leaving in droves... creating a shortage of skilled workers....
    So someone opened the flood gates of immigration and all these foriegn people came in buying up houses not believeing how cheap they were in paradise. And coming from longer developed countries they knew where things were going.....
    Soon mom and pop investors realised real estate was a good thing, they make up 40% of landlords in this country, peopel who own one renatl property only....
    Anyway the reason we have proeprty investors is because we have such low interest rates because thats what people with homes and mortgages like. So its pointless to put your cash into any financial product no matter how "low" the risk is when bricks and mortar returns 10%p/a easily and the asset itself rises in value at same time.
    So remember the reason your paying mega bucks for your mortage its because you looked down upon those getting a handout from the govt. So in cutting off our nose to spite our face, not only are we paying more for our own homes, we're having to pay the benificies even more for their higher living costs!!!!!
    Absolutely. And the common thread behind all of this
    Banks and debt based money
    Last time I was in NZ about a year ago., All I saw on TV was
    Home improvement, Maggie Barry nice home , English look at the house , sorry not home , look at the house I made
    House and garden

    All adverts for banks. And as u quite rightly said, if only safe avenue to provide a nest egg for the family is property then of course people will ,

    Until the incentive is move away from housing and laws to limit over inflated overseas money distorting the price ...

    A picking cotton for a handful​ of rice is your lot life.

    Learn to love ur Masters it's easier if you try

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  13. #73
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    Quote Originally Posted by Brian d marge View Post

    Until the incentive is move away from housing and laws to limit over inflated overseas money distorting the price ...

    Sent from my SC-01G using Tapatalk
    I think that boat had well and truly sailed. Houses are less likely to disappear than 0's and 1's. Why do banks get 'bailed out' yet euan mee dont?
    DeMyer's Laws - an argument that consists primarily of rambling quotes isn't worth bothering with.

  14. #74
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    Quote Originally Posted by Voltaire View Post
    I think that boat had well and truly sailed. Houses are less likely to disappear than 0's and 1's. Why do banks get 'bailed out' yet euan mee dont?
    Cause we ain't in the club ... Here in Japan the house is worthless, the land is what hold value

    Some people couldn't GIVE away the house because it cost more to remove the house to free up the land

    U can buy " free hold". A house on a small plot of land for 4 million yen

    Again it depends what u call an investment, me, skills , that's what I've been up to ( as I type , I'm in the middle of making some arrows for tuesdays shoot .) And I own an Enfield , which uses "points" and can run on Indian gasoline.
    Try that with ya Honda

    All set for August ,

    Sent from my SC-01G using Tapatalk
    "Look, Madame, where we live, look how we live ... look at the life we have...The Republic has forgotten us."

  15. #75
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    As much as renters need improved tenure and better living standards......

    https://www.nzherald.co.nz/business/...ectid=12132076

    Crunching the numbers in Auckland I can't see how you can rent a $1 000 000 house for $600 a week.

    40% deposit is 400K ( if you need to have one).

    600K at 4.5 % is 27K ($519.00 PW)

    then you have insurances, rates, maintenance and so on.

    Add the cost of heatpumps and insulation on top of that.

    And now pets.

    Bloody greedy landlords....
    DeMyer's Laws - an argument that consists primarily of rambling quotes isn't worth bothering with.

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