Yay! I'm on top!

masturbidder - 2021-04-11 20:49:00

masturbidder wrote:

Yay! I'm on top!

good! You do all the work then!

lakeview3 - 2021-04-11 21:16:00

lakeview3 wrote:

good! You do all the work then!

Changed my mind, I'm tired.

masturbidder - 2021-04-11 21:26:00

masturbidder wrote:

Changed my mind, I'm tired.

Just when you had LV underneath you tooo!

She'll take up smoking with that.

smallwoods - 2021-04-11 22:40:00

masturbidder wrote:

Yay! I'm on top!

Might have known you'd be on top of a thread about tenants getting screwed....

sparkychap - 2021-04-12 12:47:00

sparkychap wrote:

Might have known you'd be on top of a thread about tenants getting screwed....

...been watching the rent-collector vids on Red-tube again, have we?

masturbidder - 2021-04-12 22:49:00

masturbidder wrote:

...been watching the rent-collector vids on Red-tube again, have we?

No, your acting is so wooden.

sparkychap - 2021-04-13 06:28:00

asp001 wrote:

They are talking that new builds may be exempt - sounds messy....

"Consultation will cover an exemption for new builds acquired as a residential investment property, and whether all people who are taxed on the sale of a property [for example under the bright-line tests] should be able to deduct their interest expense at the time of the sale," today's announcement said.

We do relocate houses for rentals and wonder if that would fall under a "new Build" ... seeing as the older house is being moved away so a new house can be built on the section (perhaps) .. cant find anything to confirm this.

nzchewie - 2021-04-22 15:05:00

Price for rentals hits new all-time high.
https://www.newshub.co.nz/home/money/2021/04/housing-crisis-
price-for-rentals-hits-new-all-time-high.html

Who would have guessed?

pcle - 2021-04-23 09:07:00

pcle wrote:

Price for rentals hits new all-time high.
https://www.newshub.co.nz/home/money/2021/04/housing-crisis-
price-for-rentals-hits-new-all-time-high.html

Who would have guessed?

Everyone. Well everyone except the Labour party and their voters. The ones they are "helping"

Edited by loose.unit8 at 9:12 am, Fri 23 Apr

loose.unit8 - 2021-04-23 09:11:00

kittycatkin wrote:

Have you read Me & Gus ? They are very funny, but they also show how hard the life was; and that was in Taranaki. The books couldn't have been written about the land beyond The Bridge to Nowhere, there would have been little that was amusing about that.

We had an older neighbor when we farmed in Taranaki.
He showed us some land he broke in with a plow and horse.
It was so steep and hard going, they had to take breaks to swap horses to give them a break, but he and his Dad were going from sun up to sun down.
It was only ever fit to run a few beefies on for a few months of the year.

bernie184 - 2021-04-23 10:51:00

bernie184 wrote:

We had an older neighbor when we farmed in Taranaki.
He showed us some land he broke in with a plow and horse.
It was so steep and hard going, they had to take breaks to swap horses to give them a break, but he and his Dad were going from sun up to sun down.
It was only ever fit to run a few beefies on for a few months of the year.

Now there is the option to leave it in scrub and become a bee farmer, instead of beefies.

apollo11 - 2021-04-23 12:36:00

apollo11 wrote:

Perhaps this rule change will get rid of this kind of amateur landlord, keen to look after her tenants and provide them a house to live in at below market rents. Don't worry, the hard nosed business oriented landlords will take up the slack. They are in it for the profit, not the feelings.

This has happened in the states and other countries where the buying up of residential housing by Pension Funds ,Insurance Companies and other 'hard nosed business orientated landlords' has exacerbated the increase in housing prices to the point where owner occupiers , first home buyers etc are beginning to be excluded from the housing market and rents are increasing to the levels where lower income workers let alone beneficiaries cannot afford the rents and are forced out. Sound like where NZ is headed? Greed is not good!

upfront1 - 2021-04-28 12:21:00

chiz wrote:

That’s what I was thinking. What happens when prospective tenants just won’t pay the rent LL are asking?

I don't think the issue is that they won't pay, it's that they can't pay. The median salary in NZ (from all sources) is $652. With rents on trade me in Dunedin and Wellington pushing $500 - $700 a week people are just not going to be able to afford to house their families.

michellew2k - 2021-04-28 19:42:00

michellew2k wrote:

I don't think the issue is that they won't pay, it's that they can't pay. The median salary in NZ (from all sources) is $652. With rents on trade me in Dunedin and Wellington pushing $500 - $700 a week people are just not going to be able to afford to house their families.

Not to worry, the Finance Minister says they just need to look elsewhere. If they can't pay the rent where they are they should be looking elsewhere sooner rather than later, because an eviction is not going to help them find another rental.

Or renters can look at ways of increasing household income.

artemis - 2021-04-29 06:29:00