| 101 | lovelurking wrote:
And us boomers who started out with nothing, worked two jobs (one full time, one part time) and paid huge interest rates as well will be lumped with all the blame.
The funny thing is that they were saying there wouldn’t be an old age pension when I was entering the work force...
Thats why my husband and I worked extremely hard for over 50 years, so we could afford to live when we retired.
Now it seems we are classed as greedy old bastards! ???? Only to Lv! smallwoods - 2021-05-06 09:12:00 |
| 102 | lakeview3 wrote:
No comment That's got to be hard! smallwoods - 2021-05-06 09:13:00 |
| 103 | lakeview3 wrote:
No comment
Blaming an entire group because of a factor they can't control, such as age, gender or skin colour is wrong. It is part of the Marxist playbook on how to weaken a society enough so that communism can get a toehold. Rich against poor, young against old, male versus female, one race against another etc. Blaming others and wanting them punished fixes nothing. The problems have been caused by inadequate government, we need to stand together and demand better leadership. apollo11 - 2021-05-06 09:29:00 |
| 104 | lovelurking wrote:
And us boomers who started out with nothing, worked two jobs (one full time, one part time) and paid huge interest rates as well will be lumped with all the blame.
The funny thing is that they were saying there wouldn’t be an old age pension when I was entering the work force...
Thats why my husband and I worked extremely hard for over 50 years, so we could afford to live when we retired.
Now it seems we are classed as greedy old bastards! ???? so now days they start with nothing, work two jobs and don't have a chance in hell of buying a house. as far as "greed bastards" goes, its not about what you earned its about how it was earned. for many (if not most) kiwis the family home is a big source of income, which simply puts the cost onto the next generation.
there is no single generation to blame, kiwis have all been doing it for so long now thats its "normal". its an unsustainable practise thats now starting to really bite. supply will go up, demand will ease, prices will come back down. in the end there will be a few wealthy kiwis all paid for by a lot of other people. the ramifications will be felt for a long time to come. tweake - 2021-05-06 13:21:00 |
| 105 | rmdstar wrote:
I think for those gleefully waiting for it, any decline or natural correction will be viewed as a “crash”. They are desperate to be right. I don’t think there will be a crash unless supply and demand issues are resolved. I’ve attended a few house auctions lately and the desperation in the room is palpable. The bidding wars are quite interesting to watch. House prices will continue to remain strong as long as there is high demand. In my area there’s plenty of land being released but there are long delays as applications go through the council process, theres a shortage of tradies and a lot of people needing a home now. Building material supply issues are not helping the situation either. I hope it levels off eventually. I feel sorry for prospective buyers and also sorry for renters at the moment. The government are forcing such large increases on them through bad policy. It’s a shame they’d prefer to vote buy by slamming the wealthy rather than work alongside them to try to bring about resolution. It’s lucky we have so many empty motels at the moment for them to put all the homeless they’ve created into. What with net immigration being under 10,000, in total, for the last 12 months, while building has essentially been full steam ahead, demand should have already been on the decline for a while. Demand certainly doesn't explain the massive increases we've seen in the last year or so. I think there will be a crash then when the factors driving the current massive rises are gone. i.e. when interest rates increase, Grant Robertson stops printing money and the LVR rules go back to normal. |
| 106 | tweake wrote:
so now days they start with nothing, work two jobs and don't have a chance in hell of buying a house. as far as "greed bastards" goes, its not about what you earned its about how it was earned. for many (if not most) kiwis the family home is a big source of income, which simply puts the cost onto the next generation.
there is no single generation to blame, kiwis have all been doing it for so long now thats its "normal". its an unsustainable practise thats now starting to really bite. supply will go up, demand will ease, prices will come back down. in the end there will be a few wealthy kiwis all paid for by a lot of other people. the ramifications will be felt for a long time to come. totally this. Well summarised. lakeview3 - 2021-05-06 14:30:00 |
| 107 | Also I am Generation X. None of the people older than myself have I ever known to have 2 jobs. Nor have I known any who had jobs while they were teenagers at school like I did and many of my cohorts. We worked in bars and restaurants and nightclubs, we picked fruit, we pruned trees, we worked in bakery’s, Mac Donald’s, fish and chip and retail shops. Once I had a full time job that finished at 5pm and my second job in a bar started at 6pm. I worked like this for quite a few years. None of my parents or any other people older than me that I know have ever worked as many hours as i did. So while I am sure there are some in the older demographic who have, there are also a large majority who have not. Indeed some women have never worked at all, including some older relatives of mine. There are many very blinkered people who have a much higher opinion of themselves when it comes to what they think deserve or think they have achieved that is superior to others. The greed and entitlement of some at the expense of others is quite something to behold. I am a bystander and old enough to witness it all and it ain’t pretty. lakeview3 - 2021-05-06 14:42:00 |
| 108 | tweake wrote:
so now days they start with nothing, work two jobs and don't have a chance in hell of buying a house. as far as "greed bastards" goes, its not about what you earned its about how it was earned. for many (if not most) kiwis the family home is a big source of income, which simply puts the cost onto the next generation.
there is no single generation to blame, kiwis have all been doing it for so long now thats its "normal". its an unsustainable practise thats now starting to really bite. supply will go up, demand will ease, prices will come back down. in the end there will be a few wealthy kiwis all paid for by a lot of other people. the ramifications will be felt for a long time to come. I know two couples who have just bought their first home. One in their 20's and the other in their 50's... It can still be done.
And as for the bitter attitude towards landlords who actually aren't all baby boomers .... I'm grateful some other people house my family who are not in a position and likely never will be to have a roof over their head. heather902 - 2021-05-06 14:47:00 |
| 109 | heather902 wrote:
I know two couples who have just bought their first home. One in their 20's and the other in their 50's... It can still be done.
And as for the bitter attitude towards landlords who actually aren't all baby boomers .... I'm grateful some other people house my family who are not in a position and likely never will be to have a roof over their head. what you don’t seem to be understanding is the concept of buying a house and actually being able to ever pay it off. See my thread on the ‘new renters’. lakeview3 - 2021-05-06 14:53:00 |
| 110 | lakeview3 wrote:
Also I am Generation X. None of the people older than myself have I ever known to have 2 jobs. Nor have I known any who had jobs while they were teenagers at school like I did and many of my cohorts. We worked in bars and restaurants and nightclubs, we picked fruit, we pruned trees, we worked in bakery’s, Mac Donald’s, fish and chip and retail shops. Once I had a full time job that finished at 5pm and my second job in a bar started at 6pm. I worked like this for quite a few years. None of my parents or any other people older than me that I know have ever worked as many hours as i did. So while I am sure there are some in the older demographic who have, there are also a large majority who have not. Indeed some women have never worked at all, including some older relatives of mine. There are many very blinkered people who have a much higher opinion of themselves when it comes to what they think deserve or think they have achieved that is superior to others. The greed and entitlement of some at the expense of others is quite something to behold. I am a bystander and old enough to witness it all and it ain’t pretty. We are the same generation. But I do not share your attitude towards older people. We are still a very fortunate generation enjoying similar home ownership rates to older generations.
I also look at what my parents and grandparents and they most certainy all worked hard and enjoyment in life was very much the simple free things. They did not have all the stuff younger generations have. They weren't widely travelled, nor spent on entertainment or things... Electronics/Cars/Phones/tv'-
;s/tablets/laptops/takeaways/c-
offees/makeup/storebought clothing etc you get the picture.
Hating on a generation is really concerning when you've had it pretty good too. heather902 - 2021-05-06 14:54:00 |
| 111 | lakeview3 wrote:
what you don’t seem to be understanding is the concept of buying a house and actually being able to ever pay it off. See my thread on the ‘new renters’. Why not unless you refinance? heather902 - 2021-05-06 14:55:00 |
| 112 | heather902 wrote:
We are the same generation. But I do not share your attitude towards older people. We are still a very fortunate generation enjoying similar home ownership rates to older generations.
I also look at what my parents and grandparents and they most certainy all worked hard and enjoyment in life was very much the simple free things. They did not have all the stuff younger generations have. They weren't widely travelled, nor spent on entertainment or things... Electronics/Cars/Phones/tv'-
;s/tablets/laptops/takeaways/c-
offees/makeup/storebought clothing etc you get the picture.
Hating on a generation is really concerning when you've had it pretty good too. I am not hating on the generation. I am just not impressed with the entitlement of some and the unwarranted self congratulatory attitude that comes with it. Also heather pretty sure you are a few years older than me so......if you wanna blur the boundaries then sure lol Edited by lakeview3 at 3:06 pm, Thu 6 May lakeview3 - 2021-05-06 15:05:00 |
| 113 | heather902 wrote:
Why not unless you refinance? ? lakeview3 - 2021-05-06 15:05:00 |
| 114 | lakeview3 wrote:
I am not hating on the generation. I am just not impressed with the entitlement of some and the unwarranted self congratulatory attitude that comes with it. Also heather pretty sure you are a few years older than me so......if you wanna blur the boundaries then sure lol So you've met a few entitled people. Seek out some better company and you might be a little bit more cheerful.
What does my age have to do with anything. you really have to get over a few of your issues. lol heather902 - 2021-05-06 15:10:00 |
| 115 | heather902 wrote:
So you've met a few entitled people. Seek out some better company and you might be a little bit more cheerful.
What does my age have to do with anything. you really have to get over a few of your issues. lol youre the one making the age claims. When I asked you what years you thought applied to each generation previously, your definition varied from the accepted definition so that’s what I am going on. Lol. lakeview3 - 2021-05-06 15:16:00 |
| 116 | i wish it would hurry the heck up the govt want to steal more $ increased rating received today, n yes if i sold my home id get more than the rating value , they just keep upping the $ actually, they ant offering more services and i couldn't care less for better gardens wall murals fancy anything, u once could rent a house on the amount i pay in rates alone for 1 house, whos causing housing issues again??? the govt are, greedy |
| 117 | lakeview3 wrote:
youre the one making the age claims. When I asked you what years you thought applied to each generation previously, your definition varied from the accepted definition so that’s what I am going on. Lol. I really don't remember, but i'm pretty sure gen X is 1965 and later.
But I think Gen X isn't all that different in what they have enjoyed compared to baby boomers. where is the difference? and i'll bet there is a lot of Gen X landlords. heather902 - 2021-05-06 15:20:00 |
| 118 | daz1968 wrote:
never , the Governement wont let it crash exactly |
| 119 | heather902 wrote:
I really don't remember, but i'm pretty sure gen X is 1965 and later.
But I think Gen X isn't all that different in what they have enjoyed compared to baby boomers. where is the difference? and i'll bet there is a lot of Gen X landlords. I see you looked it up finally huh? lakeview3 - 2021-05-06 16:01:00 |
| 120 | heather902 wrote:
I know two couples who have just bought their first home. One in their 20's and the other in their 50's... It can still be done.
And as for the bitter attitude towards landlords who actually aren't all baby boomers .... I'm grateful some other people house my family who are not in a position and likely never will be to have a roof over their head.
absolutely, it can still be done.
there will always be some that can and some that can't.
however what we are talking about is the average joe blog.
you also have to take location into context. some in auckland gets paid a whole lot more than some just outside of auckland. but house prices are also different.
one of the issues here is people from auckland who are on double the income are buying out in the sticks here where locals can't compete because pay rates are so much lower here. i just look at the young guys at work who work hard, get paid reasonable amount, but the price of housing is so high its a mountain that looks impossible to climb. tweake - 2021-05-06 16:01:00 |
| 121 | tweake wrote:
absolutely, it can still be done.
there will always be some that can and some that can't.
however what we are talking about is the average joe blog.
you also have to take location into context. some in auckland gets paid a whole lot more than some just outside of auckland. but house prices are also different.
one of the issues here is people from auckland who are on double the income are buying out in the sticks here where locals can't compete because pay rates are so much lower here. i just look at the young guys at work who work hard, get paid reasonable amount, but the price of housing is so high its a mountain that looks impossible to climb. that’s why home ownership rates are rapidly declining. A very sad state of affairs. Furthermore it affects people as they raise their kids with less stability, changes of school etc as they move around from rental to rental. There aren’t just long term financial issues but social ones as well. lakeview3 - 2021-05-06 16:26:00 |
| 122 | lakeview3 wrote:
that’s why home ownership rates are rapidly declining. A very sad state of affairs. Furthermore it affects people as they raise their kids with less stability, changes of school etc as they move around from rental to rental. There aren’t just long term financial issues but social ones as well. even the boss who was renting while they built a new home, they got sick of shifting houses. i think it was 4 times in 5 years, might be 5 times in 4 years.
you would be pretty much living out of a suitcase. why bother unpacking or have gear for activities.
we don't have the culture of long term rentals like other countries. tweake - 2021-05-06 16:41:00 |
| 123 | tweake wrote:
even the boss who was renting while they built a new home, they got sick of shifting houses. i think it was 4 times in 5 years, might be 5 times in 4 years.
you would be pretty much living out of a suitcase. why bother unpacking or have gear for activities.
we don't have the culture of long term rentals like other countries. must be seriously taxing and exhausting moving all the time. No sense of community or belonging, hard for kids to make and maintain friends. I often see people with all their belongings on the back of a trailer and feel for them. Some probably have it down to a fine art. No state houses for people like there was back in the day when I was a wee one. lakeview3 - 2021-05-06 16:47:00 |
| 124 | fast_or_last wrote:
i wish it would hurry the heck up the govt want to steal more $ increased rating received today, n yes if i sold my home id get more than the rating value , they just keep upping the $ actually, they ant offering more services and i couldn't care less for better gardens wall murals fancy anything, u once could rent a house on the amount i pay in rates alone for 1 house, whos causing housing issues again??? the govt are, greedy Just because your rating valuation goes up, doesn't automatically increase your rates. Just your share of the rates. If everyones RVs doubled, you'd pay the same rates. Rates go up because councils are greedy, but thats nothing to do with property values. sparkychap - 2021-05-06 17:27:00 |
| 125 | lakeview3 wrote:
I see you looked it up finally huh? All I can remember is you being absolutely insistent I was a baby boomer and had all these advantages and all I could remember was double digit interest rates. Husband working two jobs and the house value dropped 25 percent just as we shifted in. It was very difficult times and we often ran out of money. heather902 - 2021-05-06 17:38:00 |
| 126 | The member deleted this message. |
| 127 | This message was deleted. |
| 128 | heather902 wrote:
All I can remember is you being absolutely insistent I was a baby boomer and had all these advantages and all I could remember was double digit interest rates. Husband working two jobs and the house value dropped 25 percent just as we shifted in. It was very difficult times and we often ran out of money. let’s not go over old ground. You insisted I was, you insisted you were the same age as me, despite at the time claiming that anywhere from the 1960s onwards was gen x. I am glad you have finally sorted this out. And no, I am not the same age as you. Ok? lakeview3 - 2021-05-06 17:49:00 |
| 129 | sparkychap wrote:
Just because your rating valuation goes up, doesn't automatically increase your rates. Just your share of the rates. If everyones RVs doubled, you'd pay the same rates. Rates go up because councils are greedy, but thats nothing to do with property values. lol as if......ours just went up and what’s the bet they go up again next years - all based on the capital value, not like the land value like it used to be. It’s a stealth wealth tax and you can thank Helen Clarke’s govt for it. Currently we are at $3900. lakeview3 - 2021-05-06 17:51:00 |
| 130 | lakeview3 wrote:
let’s not go over old ground. You insisted I was, you insisted you were the same age as me, despite at the time claiming that anywhere from the 1960s onwards was gen x. I am glad you have finally sorted this out. And no, I am not the same age as you. Ok? Who cares?? How old anyone else is, but I did object to your assumption it was easy for us which I have no idea why you even thought that. We are just average people heather902 - 2021-05-06 17:52:00 |
| 131 | heather902 wrote:
Who cares?? How old anyone else is, but I did object to your assumption it was easy for us which I have no idea why you even thought that. We are just average people I never said it was easy for any of us. I said it’s harder these days than it was for us. We didn’t have to compete with investors and mass immigration etc etc etc lakeview3 - 2021-05-06 17:57:00 |
| 132 | lakeview3 wrote:
lol as if......ours just went up and what’s the bet they go up again next years - all based on the capital value, not like the land value like it used to be. It’s a stealth wealth tax and you can thank Helen Clarke’s govt for it. Currently we are at $3900. Delusional. sparkychap - 2021-05-06 17:59:00 |
| 133 | lakeview3 wrote:
lol as if......ours just went up and what’s the bet they go up again next years - all based on the capital value, not like the land value like it used to be. It’s a stealth wealth tax and you can thank Helen Clarke’s govt for it. Currently we are at $3900.
Our rates are 2k. But we live in the country and take care of our own water, septic, rubbish etc. apollo11 - 2021-05-06 18:07:00 |
| 134 | sparkychap wrote:
Delusional. who me? Hardly....I can post a picture of the amount if you don’t believe me. lakeview3 - 2021-05-06 18:11:00 |
| 135 | lakeview3 wrote:
who me? Hardly....I can post a picture of the amount if you don’t believe me. No the rest of the rubbish you posted. sparkychap - 2021-05-06 18:11:00 |
| 136 | apollo11 wrote:
Our rates are 2k. But we live in the country and take care of our own water, septic, rubbish etc. I used to also live in the country, same deal just looked them up but rubbish collected nothing else and it’s $4300 lakeview3 - 2021-05-06 18:14:00 |
| 137 | sparkychap wrote:
No the rest of the rubbish you posted. what exactly? lakeview3 - 2021-05-06 18:14:00 |
| 138 | lakeview3 wrote:
what exactly? That your rates go up because of your capital value. The whole stealth wealth tax rubbish. sparkychap - 2021-05-06 18:17:00 |
| 139 | Our rates dropped last time even though the capital value rose more than $400k ..... heather902 - 2021-05-06 18:30:00 |
| 140 | heather902 wrote:
Our rates dropped last time even though the capital value rose more than $400k ..... about time Auckland paid its dues..... lakeview3 - 2021-05-06 18:31:00 |
| 141 | sparkychap wrote:
That your rates go up because of your capital value. The whole stealth wealth tax rubbish. well it is around here. The higher the capital value the higher your rates. If you aren’t already being fleeced then you’re next. lakeview3 - 2021-05-06 18:33:00 |
| 142 | lakeview3 wrote:
well it is around here. The higher the capital value the higher your rates. If you aren’t already being fleeced then you’re next. Obviously. Its apportioned based on value. But it doesn't go up based on rising values. Anyway, I thought wealth taxes were good - or is that only when they apply to others? sparkychap - 2021-05-06 18:36:00 |
| 143 | sparkychap wrote:
Obviously. Its apportioned based on value. But it doesn't go up based on rising values. Anyway, I thought wealth taxes were good - or is that only when they apply to others? they are good, if they are proportional, just not on the one asset family home. lakeview3 - 2021-05-06 18:43:00 |
| 144 | lakeview3 wrote:
they are good, if they are proportional, just not on the one asset family home. But that is the very definition of proportional. The higher the value of the home the more you contribute to the coffers. sparkychap - 2021-05-06 18:45:00 |
| 145 | sparkychap wrote:
But that is the very definition of proportional. The higher the value of the home the more you contribute to the coffers. it isn’t fair to base it on capital value, it should be based on land value and the number of toilets etc etc etc. Why should my newer house be higher rates than the old sh*t box down the street on the same land size/value/toilets? Same services. Edited by lakeview3 at 6:52 pm, Thu 6 May lakeview3 - 2021-05-06 18:52:00 |
| 146 | lakeview3 wrote:
I used to also live in the country, same deal just looked them up but rubbish collected nothing else and it’s $4300
It must be because it's such a desirable location lol. apollo11 - 2021-05-06 19:05:00 |
| 147 | apollo11 wrote:
It must be because it's such a desirable location lol. couldn’t pay me to move back there lakeview3 - 2021-05-06 19:07:00 |
| 148 | lakeview3 wrote:
Why should my newer house be higher rates than the old sh*t box down the street on the same land size/value/toilets? Same services.
Because it's going to be more expensive to maintain perhaps. So they will have less money available to buy food for their kids. apollo11 - 2021-05-06 19:09:00 |
| 149 | lakeview3 wrote:
it isn’t fair to base it on capital value, it should be based on land value and the number of toilets etc etc etc. Why should my newer house be higher rates than the old sh*t box down the street on the same land size/value/toilets? Same services. Number of toilets? Because I have three toilets doesn't mean I shit more than if I only had one.... sparkychap - 2021-05-06 19:12:00 |
| 150 | sparkychap wrote:
Number of toilets? Because I have three toilets doesn't mean I shit more than if I only had one....
Anally retentive people could ask for a discount (?) apollo11 - 2021-05-06 19:46:00 |
