The 2017 Election Thread

[TheDemonLord]

What a miserable looking old cunt.
http://www.nzherald.co.nz/nz/news/ar...ectid=11919611

Someone should tell her that there is a difference between setting out a Policy and actually implementing it.

Just like there is a difference between planning to build a road and actually building it.

[Honest Andy]

Expenses aren't losses, and I don't expect to pay tax on expenses.

And re "gains", as you said it's my risk, a risk I took with money I already paid tax on. If it's OK for the state to tax the difference between what I buy my house for and what I sell it for then it's OK for them to share that risk by reimbursing me if I sell it at a loss.

I'm not sure I understand this "juggling" shit, is that the same as when someone gets taxpayer money on one hand while producing nothing whatsoever on the other? Or is it the other sort of juggling, that socialists like to pretend all those rich pricks do instead of earning their money?

Expenses, losses, whatever. That's semantics, either way it's not taxed.
Juggling? Haha nothing sinister, just sometimes with sensible business management it's possible to avoid a big tax credit one year and a big tax bill the next.

So tell me, why do you want the government to continue treating my housing portfolio differently to my business or share portfolio?

[Ocean1]

If the article is true - then you could make the argument that we have found ourselves in a feedback loop.

I can tell you without a shadow of doubt that what we find ourselves in is the consequences of a massively over regulated market and unrealistic expectations.

I mean, the cacophony of whining about house prices being "more than double the cost in income terms our parents paid" completely sails right over the fact that houses are, as the article pointed out more than twice the size, far better quality, better serviced as built and better equipped. If we weren't constrained by regulation from building the same 90sqM clapboard box our parents did I have little doubt you'd find house prices would be very similar to what they were then. But that's not good enough. Nowadays. Apparently.

Or just a Rail link in general...

I cbf doing the arithmetic, how fast could you make a train go with $200k from every overpriced house build between Hamilton and Orks over the last couple decades? For that money I'd expect teleportation.

Maybe, maybe not.

In this case, I think there are some societal attitudes that are also part of the issue.

See above, re expectations, whining.

[sidecar bob]

What a miserable looking old cunt.
http://www.nzherald.co.nz/nz/news/ar...ectid=11919611

That's the tooth fairy in 20 years.

[Ocean1]

Expenses, losses, whatever. That's semantics, either way it's not taxed.
Juggling? Haha nothing sinister, just sometimes with sensible business management it's possible to avoid a big tax credit one year and a big tax bill the next.

So tell me, why do you want the government to continue treating my housing portfolio differently to my business or share portfolio?

'Fraid not, completely different animals.

I don't give a fuck how they treat it, I'll continue investing or not based on whether it's profitable or not. Atm it's marginal, squeeze any harder and I'm outa there, my industrial property performs over 4 times better and the only reason the residential bits remain are because the tenants are good and because I'm a lazy bastard.

[Honest Andy]

'Fraid not, completely different animals.

I don't give a fuck how they treat it, I'll continue investing or not based on whether it's profitable or not. Atm it's marginal, squeeze any harder and I'm outa there, my industrial property performs over 4 times better and the only reason the residential bits remain are because the tenants are good and because I'm a lazy bastard.

Fair enough, now's probably a good time to get out of the housing market and realise all that lovely capital gain, then spend it on cool motorbikes and touring around

[Trade_nancy]

Fair enough, now's probably a good time to get out of the housing market and realise all that lovely capital gain, then spend it on cool motorbikes and touring around

Onto it...well owrking on it (her)..

[AllanB]

I notice that ALL party leaders are avoiding the most important question:

Will the new V4 Ducati be a game changer?

Until they answer this I am undecided who to vote for.

[Stylo]

Sorry, just back home, been away for a few days but I did see the Bennet- Davis interview this morning. The two potential deputy leaders.

I've been thinking about switching my allegiance from National after all these years , time for a change ? Jacinda doesn't say too many stupid things, seems pretty logical and makes some sense so, might vote Labour, not sure but, might.

Until I saw Kelvin Davis on TV this morning. Was he picked as Deputy only because he's a 'Maori' or perceived as one and therefore we have some 'racial balance' or does he have something else to add ?

Because this morning, on TV, he made a fucking idiot of himself. We've got a major IQ deficit going on here, holy shit....

He must have spent too much time on Y-tube watching the master clown himself. The orange idiot.

Is that the best you can do Jacinda ?

[Swoop]

So, tonight's news is announcing the re-joining of the carbon-credit scam if liarbour get in.

Meaning (as was commented on in the news) farmers would pay a lot more with the comment made of "taking cash out of the regions" in the process.
They failed to mention that this cost would be added onto products produced, so expect the whole country to get slammed with higher prices for milk, dairy, meat, etc.

Fuck voting for labour!

[sidecar bob]

So, tonight's news is announcing the re-joining of the carbon-credit scam if liarbour get in.

Meaning (as was commented on in the news) farmers would pay a lot more with the comment made of "taking cash out of the regions" in the process.
They failed to mention that this cost would be added onto products produced, so expect the whole country to get slammed with higher prices for milk, dairy, meat, etc.

Fuck voting for labour!

So, higher prices for commodities & rent if liarbour gets in? Sounds like a people's government.

[Swoop]

So, higher prices for commodities & rent?

That's just the start...
Who knows what other taxes the cunts can invent.

[Ocean1]

That's just the start...
Who knows what other taxes the cunts can invent.

I'm beginning to ask myself how best to keep the grasping bastard's hands out of my retirement investment returns when they roll out yet more income testing on... everything. And inevitably when they asset test pensions, etc.

So far the best I've got is to flog off the hideously unattractive residential properties and buy a boat out of Aus/Singapore etc. Well big enough to make the passage, like. Sail it home, but spend enough time off shore to avoid local registration. Think that'd be more or less invisible as an "asset". Compulsory off shore excursions around the Pacific required every year would be a drag, but needs must.

By the time they catch up with that I'll already be half way to emigrating to somewhere less likely to continually fleece me. I'm reliably informed that you can live very nicely in George Town, Malaysia on a very modest budget.

[Grumph]

Shit there's some whining going on here. The sky is not falling.....There's enough system inertia to stop 99% of the doom from happening.
Get over it children. I'm old enough to remember the moaning every time there's a change of govt - and well, bugger me, about 2 years after that, the admission that yes, it isn't so bad at all. Maybe even, shock horror, better.....

Personally, not being overinvested in real estate, I'm believing the statement that they won't tax the family home if it's sold.

I've had enough of the arrogant tories for a lifetime having grown up under the bastards - and met too many of them too.

Whatever you say on here, remember, is not going to change anyone's mind as to how they vote - it's just like this - a personal vent.

[mashman]

Ever tried being one?

Nope. I'm sure life is such a complete nightmare for those good folks who invest in houses so that people can rent them from them that they really could do with a break from putting in all that backbreaking effort.