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10th October 2018, 17:38 | #521 |
HENCE WHY FOREVER ALONE
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Cap of 100% interest+fees applied to loan sharks
Seems like a reasonable move... from my anti-usury stance. There are potentially issues with lenders "re-loaning" outstanding amounts, and calling it a new loan; I would hope the legislation covers this obvious workaround. An unintended consequence may be that when a borrower defaults, the loan is sold to a debt collection agency sooner rather than later, in which case credit ratings go bad sooner (but that's what credit ratings are for). I don't know whether a similar cap also exists which applies to debt collection agency fees. Any thoughts on why this interest cap may be a bad idea?
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Finger rolling rhythm, ride the horse one hand... |
11th October 2018, 12:28 | #522 |
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Arguments against typically claim the those at the bottom will be too risky to loan to now & so will turn to underground loaners which are worse.
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Protecting your peace is way more important than proving your point. Some people aren't open to cultivating their views. Just let them be wrong. |
3rd November 2018, 17:06 | #523 |
A mariachi ogre snorkel
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3rd November 2018, 22:11 | #524 |
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Ah the NZH. I'm sure that's a robust, impartial article you've just linked. /s
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Stay shook. No sook. |
3rd November 2018, 23:45 | #525 |
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At least Stuff is keeping track of things.
It's not a perfect scheme but it will dramatically increase the supply of houses and it is certainly a lot better than do nothing National.
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Protecting your peace is way more important than proving your point. Some people aren't open to cultivating their views. Just let them be wrong. |
4th November 2018, 02:50 | #526 | |
A mariachi ogre snorkel
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4th November 2018, 03:09 | #527 |
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My goodness no. I'm not giving clicks or brain space to the NZH.
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Stay shook. No sook. |
4th November 2018, 18:39 | #528 | ||
A mariachi ogre snorkel
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4th November 2018, 19:08 | #529 | |
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New state housing communities built around services and transport hubs, after 20 or so years, gentrify them, sell them at a high price, use the proceeds to build a new state housing community. Rinse, repeat. Unfortunately throughout NZ's history just as we get state housing working as it should, we sell up without rebuilding. AKA the National government.
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Stay shook. No sook. |
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5th November 2018, 11:43 | #530 |
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A problem with New Zealands democratic system is that comparatively people at the bottom don't vote and so when policy favours this group it has to be at the approval of the block of swinging middle class voters. Labour could have made kiwibuild heavily weighted towards state housing but this would have been politically dangerous and also financially they need a good chunk of houses to be bought by someone. Also along side this Labour are doing things like tenancy law reform, living apartments, housing for homeless and housing corporation requirements around dividends.
Same with the budget. The money is there waiting to be spent and definitely needs to be spent, but again due to our democratic system they need to go slow. Here it's important to note that this tempered approach is nothing to do with what's evidence based, moral or needed (or 'sensible' purely because it's within the middle ground of actual voters) - it's because the alienation of one group gives more sway to another.
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Protecting your peace is way more important than proving your point. Some people aren't open to cultivating their views. Just let them be wrong. |
5th November 2018, 13:07 | #531 |
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7th November 2018, 15:30 | #532 | |
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Unemployment drops sharply, hitting lowest level since 2008
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Protecting your peace is way more important than proving your point. Some people aren't open to cultivating their views. Just let them be wrong. |
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18th December 2018, 12:02 | #533 |
HENCE WHY FOREVER ALONE
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Original Stuff article
The Government will hold a referendum on personal cannabis use at the 2020 general election - and it will be binding. Fuck YEAH. Binding for the win! Please vote for personal cannabis use everybody!
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Finger rolling rhythm, ride the horse one hand... |
18th December 2018, 12:30 | #534 |
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Nope
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18th December 2018, 12:31 | #535 |
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Might get young people out voting. But I dunno, I think there are still too many boomers and alcoholics about to ensure a win.
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Stay shook. No sook. |
18th December 2018, 12:57 | #536 |
I have detailed files
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Ha! - Did the old corporate D&A refresher last week. The industry expert told us of her husband testing a chap on the West Coast who kept stating that NZDDA would be out of business soon when weed was legalised. Van man nodded quietly - "You mean legalised like Codine and Alcohol that we also test for..?"
Westies was all "OMG you mean it won't be a free for all and I can't be stoned at work???" |
18th December 2018, 15:33 | #537 |
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Guy just needs to find the right workplace.
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Stay shook. No sook. |
18th December 2018, 16:02 | #538 | ||
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Protecting your peace is way more important than proving your point. Some people aren't open to cultivating their views. Just let them be wrong. |
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18th December 2018, 16:15 | #539 |
A mariachi ogre snorkel
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Never forget: people are way more stupid than you think
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19th December 2018, 10:08 | #540 |
get to da choppa
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I know most polls have weighed in favour of legalising, but have any of them been properly performed, by reputable companies with actual statisticians, or is it all just stuff polls?
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19th December 2018, 10:27 | #541 |
A mariachi ogre snorkel
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Oh no, spinoff readers want it legalised too.
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19th December 2018, 12:15 | #542 | |
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https://www.drugfoundation.org.nz/ne...l-possibility/
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Civilised is as civilised does and civilised people walk among us. |
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19th December 2018, 12:17 | #543 |
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Being against legalising personal use might be something people keep under their belt, like Trump voters. You only seem to hear from these people on talk back.
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Protecting your peace is way more important than proving your point. Some people aren't open to cultivating their views. Just let them be wrong. |
20th December 2018, 10:05 | #544 | |
get to da choppa
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But then again, NZF members voted highly in favour. I dunno. Interesting times ahead. |
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20th December 2018, 10:49 | #545 | |
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I actually think geographic location is a more significant indicator of support than age or political affiliation personally. But yes, interesting times indeed.
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Civilised is as civilised does and civilised people walk among us. |
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20th December 2018, 15:29 | #546 |
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I'm for the legalisation for a few reasons:
* make it easier to get than P, hopefully P won't keep spreading as much * tax income, sooo much tax income * take major source of $$$ from organised crime (although it might backfire and cause a stronger push for P) * don't have to pay $$$ to house people in prison, and cops to catch them, and helecopters to track them etcetc * Treat as health issue and manage that way * Maybe drinkers would become stoners instead, so we get more neglect cases instead of battery cases when it comes to domestic violence |
20th December 2018, 21:51 | #547 | ||
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Ξ √ Ω L U T ↑ ☼ N وكل يوم كنت تعيش في العبودية |
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20th December 2018, 22:32 | #548 | |
A mariachi ogre snorkel
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20th December 2018, 22:47 | #549 |
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Touché.
Hmm... I wonder if this will be a normalisation of MM/BP into becoming businesses given they've already got the growing infrastructure...
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Ξ √ Ω L U T ↑ ☼ N وكل يوم كنت تعيش في العبودية Last edited by crocos : 20th December 2018 at 22:49. |
21st December 2018, 07:55 | #550 | |
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There still seems to be a lot of people pretty pissed about this.
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Protecting your peace is way more important than proving your point. Some people aren't open to cultivating their views. Just let them be wrong. |
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21st December 2018, 09:39 | #551 | |||
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http://www.mediacouncil.org.nz/rulin...aworks-newshub Quote:
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Civilised is as civilised does and civilised people walk among us. |
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15th February 2019, 15:25 | #552 |
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The China/Huawei/5 Eyes thing does not seem ideal at all.
It's hardly Labours fault, but the "everything is fine, what are you talking about" response is far from confidence inspiring. |
21st February 2019, 16:38 | #553 |
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So far all I've heard is 'I bought an investment property with my hard earned money for a next egg so that shouldn't be taxed'. Wah wah
__________________
Protecting your peace is way more important than proving your point. Some people aren't open to cultivating their views. Just let them be wrong. |
21st February 2019, 17:33 | #554 |
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Its hard to get past all those comments.
And them seem to forget about the income tax cuts that they will be getting. |
21st February 2019, 17:55 | #555 |
A mariachi ogre snorkel
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It's the third rail of politics in NZ and Australia, you can't go anywhere near Baby Boomer property investments. Instant electoral death sentence.
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22nd February 2019, 08:38 | #556 | |
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22nd February 2019, 09:20 | #557 |
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It shouldn't matter whether they balance out at an individual level. People should pay tax on gains from an investment and it's dishonest of people to say they shouldn't have to solely because they don't want to.
__________________
Protecting your peace is way more important than proving your point. Some people aren't open to cultivating their views. Just let them be wrong. |
22nd February 2019, 10:29 | #558 |
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That's not dishonesty, that's selfishness.
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22nd February 2019, 15:45 | #559 |
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Well true, selfishness is why a lot are being disingenuous about whether it's fair or not.
__________________
Protecting your peace is way more important than proving your point. Some people aren't open to cultivating their views. Just let them be wrong. |
22nd February 2019, 16:54 | #560 |
HENCE WHY FOREVER ALONE
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In reality, the banks are the ones that allow people to leverage their money to buy investment properties. I would guess that very few landlords have a portfolio consisting of 100% ownership. The CGT idea is a token gesture, but doesn't address the problem.
A CGT as put forward does not address the actual gain that a person has made by putting down only 20% (say 100k on a 500k house) and selling it after x years once a 3rd party has paid it off for them. If the purchase and sale price are both $500k, they'll say they "made no profit" but neglect to mention the $400k + interest that someone else paid off for them. Sure they may have paid tax on the rental income (which was factored in to the rent price so that the mortgage payments were still covered), but it's still a huge untaxed profit at the end of it, using no one else's money (because banks). Now a CGT that takes THAT into account would really put the shits up the leeches.
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Finger rolling rhythm, ride the horse one hand... |