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Old 5th September 2013, 14:59     #2161
CCS
Stunt Pants
 
Quote:
Originally Posted by Ab
Greens money management:

Demanding a referendum on the asset sales program on the basis that the program could cost the taxpayer at least $125 million... when $9 million of that figure is the cost of having the referendum.

http://www.nzherald.co.nz/opinion/ne...ectid=11118465
It's okay! Wussel will be the next finance minister and he'll pull us out of this hole we're in! Socialist power distribution is surely the way to economic success!
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Old 5th September 2013, 20:10     #2162
aR Que
 
Quote:
Originally Posted by CCS
Oh, you were joking?
It was more a sarcastic commentary in regards to correlating change in personal circumstance on the actions or inactions of the days govt.
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Old 5th September 2013, 20:46     #2163
CCS
Stunt Pants
 
I thought you were just admitting to being dumb eh.
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Old 5th September 2013, 20:51     #2164
Lightspeed
 
Translation: That sentence had too many hard words for me to understand it.
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Old 9th September 2013, 04:47     #2165
Nothing
 
Speaking of economic success, or perhaps the lack thereof, and where right wing neo-liberal economic policies have gotten us...
http://www.youtube.com/watch?v=__2EdGFdgTA&noredirect=1
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Old 12th September 2013, 11:15     #2166
ZoSo
 
Metiria Turei caught in housing U-turn

http://www.3news.co.nz/Metiria-Turei...7/Default.aspx

Wow.
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Old 12th September 2013, 11:32     #2167
pxpx
 
Quote:
Originally Posted by ZoSo
Greens, not even once.
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Old 12th September 2013, 11:36     #2168
Lightspeed
 
Quote:
Ms Turei's now being attacked by all sides of the political spectrum after telling more than 1 million Kiwi homeowners she wants to reduce the value of their biggest asset.
Fuck that 1 million kiwis IMO. You house value doesn't mean shit, unless you're looking to buy stuff without having to work for it.

There might be a few rare exceptions, like selling up to move overseas. Everyone else can get fucked.
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Old 12th September 2013, 12:10     #2169
aR Que
 
So these people borrowing 50% more than the CV to buy a house (which is dumb, imo, but, hey, *razzle dazzle*Auckland*razzle dazzle*) 'deserve' (for lack of a better word) to have their house price (CV) cut by, lets say half, meaning they effectively paid triple the price for their home.
So after the mortgagee auction, where their house sells for 100% of the new CV, they then get to service a loan which is now twice the amount of houses on the market... for nothing.

Sounds pretty fair.
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Old 12th September 2013, 12:50     #2170
Ab
A mariachi ogre snorkel
 
Quote:
Originally Posted by ZoSo
It's ok, the Greens can offset that massive reduction in your household assets by printing you more money.
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Old 12th September 2013, 12:59     #2171
Lightspeed
 
When does the value of one's home really matter? I can't think of any examples that would affect a broad portion of the population.

I can see a plus for buyers of their family home, negative for sellers after a return on investment. And mortgagee sales I guess? People wanting a second mortgage?
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Old 12th September 2013, 13:07     #2172
pxpx
 
LS I'm sure you get dumber ever day. I'm disappointed in you, normally you display an ability to think, but recently....
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Old 12th September 2013, 13:30     #2173
aR Que
 
Hey, LS, how old are you mate?
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Old 12th September 2013, 13:41     #2174
Lightspeed
 
Quote:
Originally Posted by pxpx
LS I'm sure you get dumber ever day. I'm disappointed in you, normally you display an ability to think, but recently....
Or I am growing more and more willing to expose the limits of my knowledge for people to correct if they so wish. The question in my post wasn't rhetorical.

Quote:
Originally Posted by aR Que
Hey, LS, how old are you mate?
My profile contains no lies.
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Old 12th September 2013, 13:56     #2175
fixed_truth
 


No surprises there.
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Old 12th September 2013, 14:39     #2176
Pimp-X
Drunken Annoying
Superhero Bastard
 
Quote:
Originally Posted by Lightspeed
When does the value of one's home really matter? I can't think of any examples that would affect a broad portion of the population.
Do you own a house?
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Old 12th September 2013, 14:41     #2177
ZoSo
 
Quote:
Originally Posted by fixed_truth
No surprises there.
Yeah, I'm not sure Lotu-Iiga, Dunne & Banks are a huge draw on a show that rates lower than Campbell Live.
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Old 12th September 2013, 14:47     #2178
CCS
Stunt Pants
 
Wink

Quote:
Originally Posted by Pimp-X
Do you own a house?
Does he sound like someone who has poured hundreds of thousands of his own money into a house? Lol, no. He sounds like a fucking communist is what he sounds like.
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Old 12th September 2013, 14:55     #2179
Lightspeed
 
o_O

Quote:
Originally Posted by Pimp-X
Do you own a house?
Do you ask so to better be able to offer insight, or are you trying to be a smug prick?
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Old 12th September 2013, 15:00     #2180
fixed_truth
 
Quote:
Originally Posted by ZoSo
Yeah, I'm not sure Lotu-Iiga, Dunne & Banks are a huge draw on a show that rates lower than Campbell Live.
The result is inline with several other polls which indicate that Labour's housing policy is much popular.

So yeah, no surprises there.
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Old 12th September 2013, 15:18     #2181
Pimp-X
Drunken Annoying
Superhero Bastard
 
Quote:
Originally Posted by Lightspeed
Do you ask so to better be able to offer insight, or are you trying to be a smug prick?
I ask so I can determine if you have any fucking idea what you're talking about.

The value of my house (at least the one I live in, there - that's me being a smug prick (by the way, I worked fucking hard for everything I have so watch your tone)) will be quite important to me when I decide to retire, sell it and buy something more retire-ish, and have cash in my pocket for hookers and blow.

You on the other hand probably think that you don't need to worry about that shit because you're gonna get raptured shortly (if only).

News flash: Not gonna happen.

Anything else you've got no fucking idea about that you'd like to offer an opinion on? Surely you've covered everything by now?
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Old 12th September 2013, 15:29     #2182
Lightspeed
 
Quote:
Originally Posted by Pimp-X
I ask so I can determine if you have any fucking idea what you're talking about.
Well, I'm not sure I do, hence the question, the question marks indicating my uncertainty. If you want to read my posts as if I am talking from on up high, I can't do anything about that.

It sounds like my original thought was accurate though. People want to keep house prices up so they can buy stuff with money they didn't work for. That's what you're saying isn't it Pimp-X? You bought a house as much to have mad l00t as to have a place to live.

Just because you've had the opportunity to work hard at rewarding work, doesn't mean you get to screw those who haven't. Well, unless you fight for that... given that you've been well rewarded, you're in a better place to fight... so I guess it does mean exactly that.
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Last edited by Lightspeed : 12th September 2013 at 15:31.
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Old 12th September 2013, 15:32     #2183
Pimp-X
Drunken Annoying
Superhero Bastard
 
Quote:
Originally Posted by Lightspeed
You bought a house as much to have mad l00t as to have a place to live.
I bought my house to maintain it's value, improve it over time and increase it's value. Wait, am I an idiot all of a sudden?

You really are a communist, aren't you. There'll be equality after death.
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Old 12th September 2013, 15:33     #2184
Pimp-X
Drunken Annoying
Superhero Bastard
 
Quote:
Originally Posted by Lightspeed
Just because you've had the opportunity to work hard at rewarding work, doesn't mean you get to screw those who haven't.
I'm not screwing them. Using a massive generalization, they're doing fine screwing themselves.
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Old 12th September 2013, 15:54     #2185
fixed_truth
 
In the last 5-6 years my house has increased in value by around 30% independent of any improvements. Basically just because prices keep going up.
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Old 12th September 2013, 16:17     #2186
Pimp-X
Drunken Annoying
Superhero Bastard
 
I'd get my house valued if I wasn't too cheap to pay for that kinda carry-on.
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Old 12th September 2013, 16:45     #2187
Lightspeed
 
Quote:
Originally Posted by Pimp-X
I bought my house to maintain it's value, improve it over time and increase it's value.
As f_t points out, homes aren't maintaining their value, hence efforts to correct that.
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Old 12th September 2013, 16:46     #2188
DrTiTus
HENCE WHY FOREVER ALONE
 
Cool, you're 30% richer bro. Oh wait, your next house costs 30% more.

All good, just work 30% harder and you'll be 30% fine.
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Old 12th September 2013, 16:49     #2189
Lightspeed
 
Quote:
Originally Posted by DrTiTus
Oh wait, your next house costs 30% more.
This is why I don't get why the increasing/decreasing value of homes matters to most home owners. If all prices go down and you're looking to move, no worries, you sell your house for cheap, buy a new one for cheap.

It would only matter to a small minority looking to get cash out of their home at the point prices dropped.
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Old 12th September 2013, 17:01     #2190
pxpx
 
Pimp-X, CCS. Now I understand.
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Old 12th September 2013, 17:04     #2191
Pimp-X
Drunken Annoying
Superhero Bastard
 
All caught up huh ;-)
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Old 12th September 2013, 17:12     #2192
CCS
Stunt Pants
 
Quote:
Originally Posted by DrTiTus
Cool, you're 30% richer bro. Oh wait, your next house costs 30% more.

All good, just work 30% harder and you'll be 30% fine.
This is so dumb it hurts my brain.

Still, refreshing to see that the far left haven't lost their envy of people who are better off than them.
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Old 12th September 2013, 17:15     #2193
CCS
Stunt Pants
 
Moot: New Zealand's housing crisis is really just Auckland's housing crisis.
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Old 12th September 2013, 17:54     #2194
Lightspeed
 
Snore

Quote:
Originally Posted by pxpx
Pimp-X, CCS. Now I understand.
The smug club has a new member.
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Old 12th September 2013, 18:09     #2195
Pimp-X
Drunken Annoying
Superhero Bastard
 
Concepts crystallizing in your mind does not make you smug. It makes you wiser.

The dense club seems to be doing so well they have their own gravity. Ba-dum tish!
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Old 12th September 2013, 19:32     #2196
DrTiTus
HENCE WHY FOREVER ALONE
 
Having a huge mortgage does not make you "well off". It makes you indebted. The light at the end of the tunnel is your own demise. Enjoy life, or at least the weekends that you're allowed to, excluding Sunday because you have to work the next day.
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Old 12th September 2013, 21:24     #2197
CCS
Stunt Pants
 
Quote:
Originally Posted by DrTiTus
Having a huge mortgage does not make you "well off".
Never said it did.
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Old 12th September 2013, 21:43     #2198
xor
 
Does anyone here actually have a point to make?
Are owning houses evil?
Is it wrong to pay a mortgage?
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Old 12th September 2013, 22:14     #2199
CCS
Stunt Pants
 
Yes and yes. If you have a house, you are a smug rich prick and you are what is wrong with society. You are making poor people poorer.
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Old 12th September 2013, 23:02     #2200
Lightspeed
 
I'm not sure what anyone's on about xor.

I'm wondering for the majority of people what's so bad about a general drop in house prices?
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