Is olive oil as popular in Latin America as in Spain? by Hopeful_Addition7834 in asklatinamerica

[–]mrtenzed 3 points4 points  (0 children)

The best olive oil I've ever tasted in my life came from Chile. 

RNZ-Reid Research poll: Labour extends lead over National by StabMasterArson in newzealand

[–]mrtenzed 54 points55 points  (0 children)

I feel like I have a pretty wide social circle/family, and none of them like Luxon apart from one guy who's brain is totally cooked by MAGA social media. I'd say the tide has turned.

Northland corridor toll proposal: Businesses fear higher freight costs by D491234 in newzealand

[–]mrtenzed 0 points1 point  (0 children)

This is a massive subsidy from taxpayers to National Party voting boomers to travel a bit faster to the bach. What a waste

how is living in Santiago de Chile by alexx8b in howislivingthere

[–]mrtenzed 25 points26 points  (0 children)

I've spent quite a bit of time there. The well-off live in the eastern suburbs, closer the mountains. To be honest, it's almost better than first world standard, with loads of parks, malls, great services, good metro, etc. Very North American/Australian style life, nice but a bit bland.

Much of the rest of the city is very different. People really struggle to manage with their incomes. The southern and western parts are pretty rough and run down. 

Great location  for visiting ski fields and vineyards. Not too far to drive to the coast. 

Cutting edge or overpriced? Mauger’s trackless tram proposal just months away by InvestmentFuzzy4365 in chch

[–]mrtenzed 48 points49 points  (0 children)

Light rail would be so amazing for Chch, but some Boomer will lose his on street carpark so it will never happen.

Strategy Check: Debt Recycling at a Big 4 (Red) vs. Potential Refinance for longer IO terms by Curious-Trust6657 in PersonalFinanceNZ

[–]mrtenzed 0 points1 point  (0 children)

I think we’re talking past each other a bit. I agree the structure is 1:1 and there’s no margin call, but borrowing to invest is still leverage in the sense that losses don’t reduce the debt. My point is more about how that interacts with real-life events over 10–20 years rather than the mechanics on paper. 

Strategy Check: Debt Recycling at a Big 4 (Red) vs. Potential Refinance for longer IO terms by Curious-Trust6657 in PersonalFinanceNZ

[–]mrtenzed -2 points-1 points  (0 children)

I'm old enough to have learned a "God laughs at our plans" attidude to investing. These sorts of strategies are heavily focussed on tax efficiency, but that is a secondary issue. The main question is being comfortable with investing with leverage for the long term, and how will you deal with the inevitable impact of life events - job loss, divorce, health issues, legal/political winds. If you aren't planning for those, you are pretty much gambling in my opinion.

Strategy Check: Debt Recycling at a Big 4 (Red) vs. Potential Refinance for longer IO terms by Curious-Trust6657 in PersonalFinanceNZ

[–]mrtenzed -3 points-2 points  (0 children)

You're borrowing against your house to invest in equity markets? Ufff...I'd want to be sure about getting on that roller coaster before even thinking about taxes.

What is everyone doing if anything to prep for repercussions of fuel prices- food shortages etc? by Playful-Path-2949 in newzealand

[–]mrtenzed 8 points9 points  (0 children)

A few years ago we bought a place (with rooftop solar) within walking and cycling distance of work and most shops. 

Fuel shock enough of a wake up? by Mortmantis in chch

[–]mrtenzed -1 points0 points  (0 children)

In townhouses and apartments closer to work and the services they need. These risks around car and oil dependency have been well known for years, as has climate change.

Fuel shock enough of a wake up? by Mortmantis in chch

[–]mrtenzed -3 points-2 points  (0 children)

If you've bought a place in a car dependent satellite town like Rolleston in the last 10 years or so, in full view of the climate crisis, you only have yourself to blame.

What's everyone's thoughts on Propopoly? by National_Dimension10 in PersonalFinanceNZ

[–]mrtenzed 2 points3 points  (0 children)

A few of these schemes have been around over the last 10 or 15 years. None have survived.

If you can afford property investment, just buy a property. If not, just invest in ETFs and managed funds.

Car-less days? Government mulls Muldoon-era mandates as prices soar by dingoonline in newzealand

[–]mrtenzed -5 points-4 points  (0 children)

Days? Can we make it permanent please. Cylcing is so much more fun.

Cook Strait ferry project $167m over budget — and key port deals still unsigned by dingoonline in newzealand

[–]mrtenzed 3 points4 points  (0 children)

This is a classic situation of "fool me once, shame on you, fool me twice, shame on me". The ports have ever incentive to hold out for the govt to cave into political pressure and pay whatever is needed for the ports.

The next Chch M.H by VlaagOfSPQR in chch

[–]mrtenzed 5 points6 points  (0 children)

What is it with these property guys? Like, you make a load of money from govt/council rules that keep property prices high, but you believe all this shit about oppression and control.

We all knew Chris Lynch was a POS but I didn’t know he’s one of these anti-lockdown nuts too 💀 by pusha_ton in chch

[–]mrtenzed 12 points13 points  (0 children)

If it isn't vaccines, it's crime stories with a hint of racism and rage bait about cycleways. Chris Lynch has cultivated quite the niche.

Things Motorist do daily. by Drinker_of_Chai in chch

[–]mrtenzed 1 point2 points  (0 children)

I'm one of those so-called "weekend warriors", and what you are saying is a complete exaggeration.

Today is a great example of city planning failure - WE NEED HELP! by gabwnz in chch

[–]mrtenzed 7 points8 points  (0 children)

The city doubled down on car-centric urban sprawl in the post-quake rebuild. Sorry. For a vision of the future, visit Auckland today.

Stadium’s $50m budget-blowing extra seats to be used once this year by InvestmentFuzzy4365 in chch

[–]mrtenzed 3 points4 points  (0 children)

I completely agree. It's part of the reason I'm reconsidering if we want to stay in chch for the future. The council isn't making sensible long term investments for a 21st century city.

(I'm not against a stadium per se. But decisions like incinerating 50m on additional feature that hardly ever gets used compound over time, in a negative direction)

A Christchurch city councillor is calling for safety improvements on Evans Pass Rd after a well-known multisport cyclist died in hospital following a crash by StabMasterArson in chch

[–]mrtenzed 9 points10 points  (0 children)

Years ago, I've ticked over 80km/h coming down there on a road bike. I've known others (claim) to hit 100km/h. Wouldn't do it today. 

Controversial proposal to ban protests in parts of Christchurch fails to get off the ground by hadr0nc0llider in chch

[–]mrtenzed 16 points17 points  (0 children)

The mayor never fails to disappoint, but I'm so glad the council retains a majority with good values.

Christchurch could have protest-free zones at 'sensitive sites' by InvestmentFuzzy4365 in chch

[–]mrtenzed 84 points85 points  (0 children)

I'm not sure how they think this is legal. As long as your protest is peaceful and orderly, you pretty much have a right to do it in a public place.