tmnvix

53 ms·

481.
by tmnvix 3y ago
https://en.wikipedia.org/wiki/Tim_Gurner has the source
482.
by tmnvix 3y ago
This is the same person that said young people can't afford houses because they spend too much money on avocado on toast.
483.
by tmnvix 3y ago
Fair enough, though in my defence I don't consider hotels to be a part of the housing market. Short term rentals are part of the same market as hotels in my opinion.
484.
by tmnvix 3y ago
Absolutely. Impediments to new housing undoubtedly have an impact. I just find it a little frustrating that when discussing the accommodation crisis (I say 'the' but there are many) this side of the equation so often overshadows t
485.
by tmnvix 3y ago
Refreshing to see some decent analysis of the demand side (as opposed to the usual supply side debate that typically just leads to simple calls to 'just build more').
486.
Why Housing Is Unaffordable for the Bottom 90%(charleshughsmith.blogspot.com)
5 points by tmnvix 3y ago|7 comments
487.
by tmnvix 3y ago
In NZ you can check market rents by area on the Tenancy Services website. These are broken down by property type and lower, medium, and upper values based on recent bond lodgements. https://www.tenancy.govt.nz/rent-bond-and-
488.
by tmnvix 3y ago
A really interesting example here in a PBS doco of someone's experience of time 'stretching out' in a dangerous situation. It includes footage of the entire event, the individual's recollection, and a possible explanatio
489.
by tmnvix 3y ago
I came across the elderly father of an old childhood friend a few months ago. He has been blind his whole life. While talking with him he asked what I was doing with myself and I told him that I was a programmer. He mentioned that the inter
490.
by tmnvix 3y ago
> you won't make any money for places that sit vacant... You do if capital gains are sufficient (which has been true in many markets up until very recently).
491.
by tmnvix 3y ago
Yep. Keep price rises in check by slowly introducing wealth taxes (LVT, capital gains, whatever). Balance this with decreased tax-take from income. Also ensure that central bank remit takes proper account of property inflation to keep inter
492.
by tmnvix 3y ago
I would argue that the rise in drug abuse is a consequence of societal issues - not the cause. In my experience many people use drugs. Those that abuse drugs almost always had existing problems prior (mental health, destitution, a sense of
493.
by tmnvix 3y ago
If they become short term rentals they essentially 'become vacant' (just one example of why an investment property might be 'vacant'). Obviously I'm not suggesting that all do, but some will. By definition an owner
494.
by tmnvix 3y ago
> They came back empty handed. The solution (in my opinion) is simple. Increase taxes on unearned income and balance that with decreased taxes on earned income (i.e. productive activity). Unfortunately this looks like political suicide i
495.
by tmnvix 3y ago
Earned vs unearned income. Taxes on unearned income (i.e. income from simply owning something) have eased over time relative to taxes on earned income (i.e. income from actual productive activity). Those that argue against wealth taxes on t
496.
by tmnvix 3y ago
Assuming 0.3% and also assuming a rental vacancy rate of 3% (typically reported in many cities), that is a 10% boost to available rentals - so yes, it's significant.
497.
by tmnvix 3y ago
But not twice as much land.
498.
by tmnvix 3y ago
Cheap credit and a rising market are all you need. Good for those with existing capital who can access the credit and use growing equity to leverage new investments. Terrible for anyone without existing capital actually earning an income. B
499.
by tmnvix 3y ago
Also mothers day and fathers day.
500.
by tmnvix 3y ago
Safety for me, but not for thee... Some people don't even get to make a choice, they just suffer the consequences (e.g. children and others that can't drive for whatever reason). As vehicles have been getting bigger, pedestrian de
501.
by tmnvix 3y ago
I once met the son of one of Chile's largest wine producers. He had recently set up his own wine export business. When he mentioned he was also selling cask wine (i.e. wine in a cardboard box with a plastic bladder), I assumed this was
502.
by tmnvix 3y ago
> we're moving toward a future or back to the past... https://www.youtube.com/watch?v=3I15_KUsOzs (Merle Travis - Sixteen Tons (original version) from 1947)
503.
by tmnvix 3y ago
> Why do you think you cannot have the good without the bad? In theory I think you are right, but I can't recall the last time I saw a busker in a private space like a mall or airport. Maybe the incentive to encourage this is just n
504.
by tmnvix 3y ago
> On one hand, people should have the ability to do what they want with properties they own. I agree with this in principle. On the other hand - from a philosophical point of view - I can't justify private ownership of natural resou
505.
by tmnvix 3y ago
> ...it on average only gets built where public transportation is viable, and once built it ensures ongoing continued demand for that transportation which keeps public transport more viable around that location. A kind of corollary of th
506.
by tmnvix 3y ago
Nestlé have the support of the Swiss government to fight the same rules. (Against warning labels on junk food in Mexico: How Switzerland danced to the Nestlé tune) https://stories.publiceye.ch/en/nestle-mexico/
507.
by tmnvix 3y ago
I find Spinoza very approachable. Much of what he said resonates with me. For anyone unfamiliar, this is a light but entertaining introduction to some of his ideas: (Spinoza: A Complete Guide to Life) https://www.youtube.com&#x2F
508.
by tmnvix 3y ago
Newtown, Wellington.
509.
by tmnvix 3y ago
Last year I came across a stall at my local fruit and vegetable market in NZ. It was selling only vanilla pods - which seemed odd to me as there couldn't be that much demand for vanilla in such a small market. After talking with the st
510.
by tmnvix 3y ago
Fair enough. I guess I was prompted to post a reply because of the claim that "the suicide rate is not that high". I had heard the 50k figure in another recent story and found it quite shocking.

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