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  1. Thread: Property in NZ

    by tweak'e
    Replies
    74
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    3,016

    Re: Property in NZ

    please don't take it so personally.
    its just those who would normally build a new house are being held up or put off by the red tape.
    there is also things like councils who tax the developer who...
  2. Thread: Property in NZ

    by tweak'e
    Replies
    74
    Views
    3,016

    Re: Property in NZ

    no. we had housing issues even when we had negative immigration. not to mention that most immigrants came from the UK at one point.
    its also not the sole issue. things like single person households,...
  3. Thread: Property in NZ

    by tweak'e
    Replies
    74
    Views
    3,016

    Re: Property in NZ

    but keep in mind the retirees are at the end of the "climb the ladder" not mid way through. you start with the cheaper places and move on up (all going well).
    its also depends on what income you...
  4. Thread: Property in NZ

    by tweak'e
    Replies
    74
    Views
    3,016

    Re: Property in NZ

    btw i should add that its all relative.
    "downsizing" to a $400-500k house from the $1-1.5m house with no mortgage.
    while the houses are expensive they are also selling in the same market as well....
  5. Thread: Good Point

    by tweak'e
    Replies
    13
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    441

    Re: Good Point

    the pic shows them three wide across the road.
    also the law says that they must be in single file if there is traffic behind them.

    they are arrogant nut jobs that use the excuse of "if you hit us...
  6. Thread: Property in NZ

    by tweak'e
    Replies
    74
    Views
    3,016

    Re: Property in NZ

    we have tons of ex jaffas moving up here and retiring. quite a lot just near me due to the only fully manned ambo service in the area.
    tho at the moment prices have gone crazy with all the $$$...
  7. Replies
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    405

    Re: Covid response rate

    yes, especially as the medical staff where petitioning the govt to lock down the country a month before the govt was forced to.
    the problems are mainly at the top. not much the staff can do when the...
  8. Thread: Property in NZ

    by tweak'e
    Replies
    74
    Views
    3,016

    Re: Property in NZ

    the catch here is people buy a family home, then sell at a profit, buy a better house etc. aka climb the ladder, invest in your home.
    then retire, sell and downsize and reap the profit tax free.
    ...
  9. Thread: Property in NZ

    by tweak'e
    Replies
    74
    Views
    3,016

    Re: Property in NZ

    afaik the stat includes everyone.
    tho my point was more about the huge big country where you can go anywhere and they buy/sell houses less than kiwis in a tiny country.
    an old stat was that the...
  10. Replies
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    405

    Re: Covid response rate

    the simple issue with that is there is no real way they can be sure not to have covid before they get here. they can pick it up in the airport as they board, in the plane etc which has happened.
    yes...
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    405

    Re: Covid response rate

    i agree with most of that.

    the start was 0/10. they blatantly ignored it, the test and trace system failed and forced us into lockdown. 10/10 for PR, super smart calling it hard and early when it...
  12. Thread: Property in NZ

    by tweak'e
    Replies
    74
    Views
    3,016

    Re: Property in NZ

    thats awesome, pity the rest of the population don't do that.
    i worked on many homes that where flipped including new homes.
    if i remember right kiwis on average only keep a house for 7 years. in...
  13. Thread: Property in NZ

    by tweak'e
    Replies
    74
    Views
    3,016

    Re: Property in NZ

    no,
    ALL homes are an investment and therefore should be taxable.

    the issue is not just about investors or mum and dads that own a 2nd home. one part of this very complicated issue is that...
  14. Thread: Property in NZ

    by tweak'e
    Replies
    74
    Views
    3,016

    Re: Property in NZ

    i'll argue that some people get rich selling selling second-hand houses among ourselves. however the country certainly doesn't and neither do the people who have to buy them to be able to live.
  15. Thread: Property in NZ

    by tweak'e
    Replies
    74
    Views
    3,016

    Re: Property in NZ

    +1
    thats it in a nutshell.
    the problem is people investing in homes to make money which is an unsustainable practise.
  16. Re: Is Instachill worth buying or is there a better alternative?

    taught. they have never used decent heating to find out what the power bill is like.

    the article has some points and some false info.
    one of the issues with a good well insulated home is it can...
  17. Re: Is Instachill worth buying or is there a better alternative?

    "didn't know those things need that low." the thing is thats not regarded as low humidity.
    we all get used to our surroundings. i'm used to 70-80% humidity. just like people get used to the cold.
    ...
  18. Re: Is Instachill worth buying or is there a better alternative?

    the average humidity for NZ is 70%. many town, especially anything moderately coastal is typically an average humidity of 80%. included in that is winter where its a lot lower humidity especially...
  19. Re: Is Instachill worth buying or is there a better alternative?

    basically evaporator type coolers do not work in most of nz. thats because we are to humid.
    they really only work in hot DRY countries.

    best option, install a heat pump. running costs is not...
  20. Thread: Property in NZ

    by tweak'e
    Replies
    74
    Views
    3,016

    Re: Property in NZ

    i don't think that goes far enough.
    CGT is only one measure that needs to happen, but it needs to go on ALL houses. that simply because everyone "invests in their house" to make money. thats...
  21. Thread: Property in NZ

    by tweak'e
    Replies
    74
    Views
    3,016

    Re: Property in NZ

    i think all its going to do is create more friction between landlords and tenants, simply because they have not fixed one of the main issues, and thats the short ownership time and consequently short...
  22. Thread: Property in NZ

    by tweak'e
    Replies
    74
    Views
    3,016

    Re: Property in NZ

    they are game. most people refuse to built with it because of poor resale value.
  23. Thread: Property in NZ

    by tweak'e
    Replies
    74
    Views
    3,016

    Re: Property in NZ

    thats EIFS cladding system aka leaky homes back in the 90's. works fine these days when done on a rain screen. however i doubt much is used these days due to its got such a bad rap that people have...
  24. Thread: Property in NZ

    by tweak'e
    Replies
    74
    Views
    3,016

    Re: Property in NZ

    i could not agree more.
    sadly no govt has the balls to ever fix it. profiting from housing has become a kiwi staple.

    the other side effect is that most booming property markets also have major...
  25. Thread: Property in NZ

    by tweak'e
    Replies
    74
    Views
    3,016

    Re: Property in NZ

    yes,
    however in 30 years time you could be sitting on a house worth 2-3 million.
    but its also how you play the game.
    average home ownership is 7 years, so in 30 years you might have sold/bought...
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