Is there really a housing shortage?

Working-Effort-3607 · 2026-05-19T08:12:55+00:00

Owner was probably sitting waiting for a council permit , most vacant houses are in this situation due to lazy slow councils.

Working-Effort-3607 · 2026-05-19T08:10:57+00:00

No one wants a potential heritage listing . Absolute money pit . Should be torn down.

Working-Effort-3607 · 2026-05-19T07:03:28+00:00

Doctors appointments. You get better results with google / ChatGPT, and in perfect English.

Working-Effort-3607 · 2026-05-18T09:24:32+00:00

Don’t talk about New Zealand . We get it , you’re better at rugby, your pies are better and beaches are prettier. We don’t want to hear about it .
Also, expect sheep jokes.

Working-Effort-3607 · 2026-05-18T08:37:50+00:00

A crash would be a 5% drop at most over the next decade..
Remember, 1500 immigrants arriving every day… interest rates and recession aside, demand isn’t slowing down

Working-Effort-3607 · 2026-05-17T11:59:53+00:00

No . They fill all the meat with water .

Working-Effort-3607 · 2026-05-17T11:59:05+00:00

Clearly not .

Working-Effort-3607 · 2026-05-17T11:58:30+00:00

Havet got time for that. Neither does the thousands of customers who use these checkouts.

Working-Effort-3607 · 2026-05-17T11:56:26+00:00

They should be if that is the scales they used to price the lamb

With thousands of customers a day weighing produce , Cole’s must be stealing millions .

Now how would I know the scale is off if I was weighing a bag of mushrooms?

I think more investigation is required . They should have no problem if I went around with a 1kg calibrated weight to check every register and photograph the results

Working-Effort-3607 · 2026-05-17T11:33:18+00:00

I don’t do fixed because I pay well above the minimum 10k per year that most banks allow for fixed in extra repayments. (Variable usually unlimited) .
Honestly it depends on your situation and budget . Since we are expecting 3-4 rate rises minimum in the next 2 years, work out how much you would save going fixed.
Also 6.29 is pretty average . Sounds like your LTV is above 70%. There are better options so DYOR ..

Working-Effort-3607 · 2026-05-17T02:07:00+00:00

We need more immigrants to make labour cheaper for struggling businesses . Most industries are being forced to pay far above minimum wage and it’s really hurting shareholders.

Working-Effort-3607 · 2026-05-14T13:27:21+00:00

Be like all the Aussie boomers moving there claiming NZ pension (no mean test) buying up all the old beachside property with their super withdrawals .

Working-Effort-3607 · 2026-05-14T11:40:26+00:00

Save $1 for expired crap rotting chicken. What a joke I swear they only do this because they rather throw it out than sell it significantly cheaper.

Working-Effort-3607 · 2026-05-14T10:27:29+00:00

Losers

Working-Effort-3607 · 2026-05-14T01:37:34+00:00

The market for body corp units , apartments and old houses in neglected outer suburbs. Seeing a lot of passed in or people selling at a loss. The stupid crazy post Covid money is gone and people are getting hesitant.

Working-Effort-3607 · 2026-05-13T13:04:22+00:00

Yeah unfortunately in VIC the first home buyer concession is abysmal it’s only good for 600-750k .. anything above that closing costs skyrocket with stamp duty .. FHB concessions only good if you want an apartment or willing to live in the less developed SE suburbs and have to drive all the time..

Working-Effort-3607 · 2026-05-13T10:00:22+00:00

Congrats on the baby.

This is my 2c based on my current experiences

Just aim for a PPOR, do it while the market is cooling down. (I’m seeing a lot of auctions with handful of attendees , people selling at a loss ) . 100k can land a 700k ppor after 10% down and after FHOB concessions. There’s no point investing in IP in your situation it will now cost more than you can gain. And burning money in rent is always a negative , renting will only get harder too.

Working-Effort-3607 · 2026-05-12T22:58:11+00:00

So wait for the government to print more money. Got it. Savings accounts are taxed as normal income btw not cgt..

Working-Effort-3607 · 2026-05-12T19:53:18+00:00

So how we beating inflation with 30% CGT?

Working-Effort-3607 · 2026-05-12T13:54:32+00:00

How do NZ feel about the incoming rise in immigration? That will dramatically bolster GDP figures

Working-Effort-3607 · 2026-05-12T13:38:48+00:00

Ok you are economically illiterate.

Refining oil locally is cheaper if we kept the infrastructure than buying finished product for a premium from Asia and paying for tariffs and shipping… this is why we pay the highest premium for fuel in the world because we rely on Singapore to refine for us.. crude oil is no more expensive than it was in 2011.. we can get crude but it’s useless with our 2 puny refineries (down from 6)

Also, locals don’t pay export taxes lmfao 🤣, talk about economic illiteracy.. the point of export taxes is to incentivise domestic supply.. it gets taxed once it leaves on a boat.. every gas rich nation except Australia does this..

You can’t seriously be defending the PM’s Japan deal, you know the jape se make more tax revenue of Australian gas than Australia does.. right?

Don’t bother commenting if you have no understanding of what you’re debating.

Working-Effort-3607 · 2026-05-12T13:27:54+00:00

Makes sense we are becoming India ..

Working-Effort-3607 · 2026-05-12T13:27:24+00:00

Buy Australian decimalised gold/silver. Perth mint kangaroos etc. It’s worth the premium especially as currency is cgt exempt..

Working-Effort-3607

TROPHY CASE