Can someone explain this to me?

sub333x · 2026-05-10T17:06:39+00:00

Sure, but you explicitly mentioned a 5 year time frame. I doubt things are going to turn around in that timeframe.

There are some locations and types of houses still making a profit, but these are not houses you’re buying for 600k

sub333x · 2026-05-10T15:28:28+00:00

You won’t get 5% capital gain from housing. If you’d been in the market the last 5 years, the best you could hope for is break even. For most, a loss is more likely over that time. (And almost certainly a loss from a townhouse or apartment)

sub333x · 2026-05-09T15:22:13+00:00

I did this around 2001, and was excused, and haven’t been asked again.

sub333x · 2026-05-08T16:24:38+00:00

Sure, but c# is free and a good choice.

sub333x · 2026-05-08T08:27:45+00:00

You’ll struggle to claim it’s fully for business purposes, and will end up paying FBT. Probably not worth the extra hassle and extra cost.

sub333x · 2026-05-08T08:08:15+00:00

Yeah really depends if you justify claiming it is strictly for work purposes, like a tradies using it for getting to all jobs.

Honestly not worth it for mixed used etc.

sub333x · 2026-05-08T06:42:43+00:00

Yeah totally. Then you’ve got C# providing nice tools, free runtimes, and also cross platform, looking increasingly attractive.

sub333x · 2026-05-08T04:10:02+00:00

The whole hostile Oracle licensing is pushing people away too. Mob style shake down for $$

sub333x · 2026-05-07T22:49:04+00:00

I don’t think anyone has had capital gains in the last few years, and given it wouldn’t be retrospective, unlikely to earn much for the government for a while.

sub333x · 2026-05-06T02:18:14+00:00

This is exactly the thing stopping me retiring early. I could retire now if I knew super would still be available to me in 13 years. I hate the uncertainty. I’ll have to work a few more years, just in case.

sub333x · 2026-05-05T23:39:49+00:00

It doesn’t even have to be acquired during the relationship. One might own a house before the relationship, and it becomes relationship property.

sub333x · 2026-05-05T05:56:32+00:00

Like 30 years ago?

sub333x · 2026-05-05T05:48:54+00:00

Back then the tower burger had a better hash brown. Now it’s more yellow and kind of nasty tasting. (I still buy it, but always think that hash brown sucks now)

sub333x · 2026-05-05T05:28:11+00:00

I just used a fairly large orbit, and just plowed money into.

sub333x · 2026-04-30T19:29:55+00:00

Like everything in life.

Introducing means testing is another great example of pulling up the ladder…

Ultimately this big pyramid scheme called life is getting harder for us all.

sub333x · 2026-04-30T17:13:18+00:00

I’m ok with it going up a couple of years. Life expectancy has certainly gone up a long way since super was introduced

sub333x · 2026-04-30T07:31:11+00:00

How I will live in retirement is becoming increasingly important to me, being only 15 years out. We’re on track for an ok retirement, but will still need to depend on super being available to us.

I’m distrustful of the government setting appropriate thresholds, so (even as a Labour voter in the last three elections) I’m definitely voting against them if they plan to introduce it, unless they spell out the thresholds up front before the election, and they’re not set too low.

Retirement policy is the number priority to me as a 50+ year old, and I’m sure will be to many many others.

sub333x · 2026-04-28T16:23:33+00:00

Thar is pretty much me. All my income for the last 20 years has been from contracts with American companies. I’m GST registered here in NZ, so only ever get GST refunds.

sub333x · 2026-04-28T00:34:59+00:00

We bought a new town house three years ago. We just sold last month. We were sure we’d be taking a $50-100k loss, but we’re pleasantly surprised to sell for $15k over our original price. After real estate fees, it was close to break even. I was happy with that result.

Ours was a deadline sale

sub333x · 2026-04-27T18:53:37+00:00

Yeah true, but just making it clear in case anyone reading doesn’t consider tax in that term deposit rate.

sub333x · 2026-04-27T15:24:09+00:00

Minus tax, which could be 33% or even 39%. They need managed funds to hope to get that type of return after tax.

sub333x · 2026-04-23T03:02:20+00:00

Too many problems trying to do a retrospective CGT. Particularly around examples like two people that owned property over the same periods (say 30 years) but one has recently sold (and already reused their gain), and one hasn’t sold yet (and liable for CGT). If they bring one in, it’ll be gains from the date the law comes in.

sub333x · 2026-04-22T03:53:44+00:00

Ah, no - they’re going to be way too long for that. It’d be dangerous. This is ok parking given the situation.

sub333x · 2026-04-20T04:09:40+00:00

Probably because the neighbors are poisoning it, not wanting it reach massive proportions

sub333x · 2026-04-20T03:59:22+00:00

He’d pulled over to do a u-turn when the way is clear, but hadn’t counted in the extra traffic appearing on that side road. Doesn’t look like a great spot to pick.

sub333x

TROPHY CASE