Posts by william blake
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Up Front: Well, Read Women, in reply to Ian Dalziel,
Whining and dining, end of para four of Emma's text.
Had to throw in Jack Reacher as the latest incarnation of the hyper masculine comfort read (dick lit?)
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Whining and dining?
Pat Barker
Jeanette Winterson
Annie Proulx
AS Byatt
Janet Frame
Lee Childs. -
OnPoint: Don't put words in our mouths, Rob, in reply to Katharine Moody,
Which supports Jones’ point that there has to be an ultimate buyer / owner of the property for the seller / gambler to sell to. There must be an ultimate loser. In the mean time the houses will be tenanted or empty, and the true “winners” are the real estate agents clipping the commission and the City Council raking in the rising rates.
It would also seem a risky proposition for speculative builders to enter into, to produce the buildings needed to stifle demand. A self contradicting proposition.
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http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11199519
I know I'm on very thin ice using Mr Jones as a reference but this is his area of expertise. (I was actually searching to see if he invests in residential property and it would seem he does not)
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http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11483288
...or are we being "liberal bigots" by not tolerating the racists?
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OnPoint: Don't put words in our mouths, Rob, in reply to nzlemming,
Would some caring soul please take away Mr Salmond’s shovel? Y’know, before he actually gets to China?
..and pass down a lamp and a canary as its getting pretty toxic down there.
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For sure the people buying investment houses in the Auckland region are wealthier than me. The drop in value of milk solids and the sliding dollar are implicated in foreign investment as well as an under skilled workforce, poor timber quality and by laws tying up land, permit issues and rapacious consent fees.
Of course the bubble may burst one day strangling off millions of dollars of liquidity.
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Speaker: Honest Bastards & Dishonest Cowards, in reply to izogi,
It seems the Chinese stock market "tanking" is merely market correction after a 150% rise it has dropped by 30%. Some people have been burnt and things are cooling but it isn't a disaster.
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http://www.tradingeconomics.com/new-zealand/government-debt-to-gdp
The graph almost makes the % of Debt to gdp look cyclical however the last three numbers are pretty much flatline. So a pretty big increase from the GFC and the National Party.Greece is running at 170% debt to gdp so we are relatively safe from the IMF for the time being.
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C for culture
C for cap
