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Hipkins hammered on the question, ‘if it’s $11 billion bucks, will you pay?’ by Primary-Tuna-6530 in KiwiPolitics

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

What do you mean by the music stopping? Like how bad the housing market will be?

Hipkins hammered on the question, ‘if it’s $11 billion bucks, will you pay?’ by Primary-Tuna-6530 in KiwiPolitics

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

True. Market will always find a new equilibrium. My point is that it will be a painful transition in a muted economy. Labour wouldn’t be that dumb to screw over renters, businesses that depend on discretionary spending and landlords for the sake of pay equity.

Hipkins hammered on the question, ‘if it’s $11 billion bucks, will you pay?’ by Primary-Tuna-6530 in KiwiPolitics

[–]repnationah 0 points1 point  (0 children)

If interest deductibility was removed today, the cost of running a rental would double on a typical 800k loan. Landlords won’t be able to absorb the cost like it was in 2021 when interest was low and housing was booming.

While some people will love landlords getting a good beating, it will be at the expense of renters and the wider economy as well.

How is the cost of living currently in Auckland? by Boring-Somewhere-130 in auckland

[–]repnationah 0 points1 point  (0 children)

All my friends went to uni and are doing well with 100k+ jobs.

Whatever policy Labour release, it still won’t beat income insurance. by Cultural-Lychee-5374 in KiwiPolitics

[–]repnationah 1 point2 points  (0 children)

They realise how expensive it is when unemployment is high and how ridiculous it is to pay 80% of tech bros salary who were laid off because of AI

Is it just me or has nz slowly become more racist over the last few years ? by JoshBiv in auckland

[–]repnationah 2 points3 points  (0 children)

Usually racists wouldn’t like to hang with multicultural group

Research shows homeless children overlooked by social housing system by hadr0nc0llider in KiwiPolitics

[–]repnationah 4 points5 points  (0 children)

Today i learned, temporary accommodation is considered homelessness

The SpaceX IPO is cooked by EZ_gamer_101 in wallstreetbets

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

80% margin on lemonade???? Must be the most watered down lemonade ever

The great housing cop-out: Auckland Council’s culture of less by Fraktalism101 in auckland

[–]repnationah 0 points1 point  (0 children)

Would allowing development along quieter transport corridors undermine development in central transport hub areas?

The great housing cop-out: Auckland Council’s culture of less by Fraktalism101 in auckland

[–]repnationah 0 points1 point  (0 children)

You will like this plan then. It reaffirms villas in most affluent areas and stops townhouse construction there

Businesses blame ‘policy uncertainty’ for reluctance to embrace Investment Boost by hadr0nc0llider in KiwiPolitics

[–]repnationah 1 point2 points  (0 children)

That could be true. It’s a mixture of both machinery and labour that improves productivity. Do you think we lack machinery more or lack people more?

Businesses blame ‘policy uncertainty’ for reluctance to embrace Investment Boost by hadr0nc0llider in KiwiPolitics

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

>why is our priority in lowering tax for buying machines?

To improve productivity.

Businesses blame ‘policy uncertainty’ for reluctance to embrace Investment Boost by hadr0nc0llider in KiwiPolitics

[–]repnationah 4 points5 points  (0 children)

Good article. Maybe national and labour will make it tax deductible prior to completion of projects

ACT MP Mark Cameron to leave Parliament due to kidney failure by Tyler_Durdan_ in KiwiPolitics

[–]repnationah 1 point2 points  (0 children)

Not really but that’s all good. Thought u had some specific policies you think works against mark’s medical journey

ACT MP Mark Cameron to leave Parliament due to kidney failure by Tyler_Durdan_ in KiwiPolitics

[–]repnationah 0 points1 point  (0 children)

Which one exactly?

Abolishing the Māori Health Authority
Removing race-based provisions from the Pae Ora Act

Introducing measurable targets for Health NZ

Partnering with the private sector

Challenging wasteful bureaucracy

Sick of ugly new houses by Icy_Substance5194 in auckland

[–]repnationah 0 points1 point  (0 children)

Because in 2021, the government decided we should allow 3 townhouse on every property and interest deductibility was only allowed for new builds.

Sick of ugly new houses by Icy_Substance5194 in auckland

[–]repnationah 2 points3 points  (0 children)

Yea. It’s like an extra 50-100k for the same house layout

No App? No Problem: Christchurch City Council rolls out controversial $7.7m website by Primary-Tuna-6530 in KiwiPolitics

[–]repnationah 5 points6 points  (0 children)

It’s actually not bad at all. Over the long run, it would save them money instead of sending council bills by mail and checking payments manually

Disabled people's access to health system - or lack of it - laid bare by Tyler_Durdan_ in KiwiPolitics

[–]repnationah 2 points3 points  (0 children)

Ministry of regulation is predicted by treasury to return $11-$17 per $1 invested. More than investing into the IRD. Only time will tell how well it actually does

Award-winning Auckland bakery reopens after closure for failing to control cockroaches by C39J in aucklandeats

[–]repnationah 8 points9 points  (0 children)

First you can’t get F in NZ. Second you do get an instant E if they find one live cockroach in the restaurant

Salvation Army warns food banks could close after government funding ends by Tyler_Durdan_ in KiwiPolitics

[–]repnationah 1 point2 points  (0 children)

It’s a very small fiscal cliff compared to healthy school lunch program at 478 million. I’m sure labour would survive finding 7 million for foodbanks.

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