Nice one brother

At the same time DPF, please remind those same people that Roger Douglas was Finance Minister under Labour. Hasn’t changed his mind on much since. My dear old dad used to tell me not to be tribal with my vote.

Funny how you lie and misrepresent the reports.

Typical Winstone Peters interfering in the market because he feels sorry for folks in Christchurch being exploited.

The point is that a rent freze won’t help. In fact, landlords aren’t advertising rates high enough at the moment, and people are showing to places only to find the actual rent they’d pay would be far higher, because people are simply bidding the price up simply to secure the place.

Sounds nasty, but the fact is you can’t get a place there for any price right now – you have to know someone.

Nationally demand was up 9 per cent and supply was down 7 per cent.

National average rent increased by 4 per cent.

Christchurch’s average rent increased by 15 per cent.”

http://www.stuff.co.nz/the-press/business/6721107/City-rental-demand-soars-supply-plummets

The above shows what’s happening. The earthquakes knocked out supply, and people lost their homes, either permanently or temporarily, increasing demand.

In the marketplace prices increase with demand, so of course the owners of short-supply properties can increase their rents.

Are those landlords profiting from those who’ve lost their homes?

Yes, of course, but what the heck, the market has no feelings, so why should the rack-renting landlords.

Typical Winstone Peters interfering in the market because he feels sorry for folks in Christchurch being exploited.

“Tonight, a pumped de Roos tells his audience that he wants people to invest in property and write to him 12 months down the track and tell him they’ve “made one million or three million, or you’ve got 16 properties, or we’re taking six months off because our cash flow now exceeds our outflow!” He says, “I don’t know any other activity where the rewards are so huge. If you want to invest a million dollars in the sharemarket, you need a million dollars. If you want to invest a million in real estate, you only need $100,000.”

You can buy one property, get it revalued, use the equity to buy another property and then buy another and another. “And you do it all with OPM. Other people’s money. OPM. It’s like being high on drugs!” What’s more, the wonder of depreciation claims on the building and contents means “the government subsidises your investment! It’s delightful!””
http://www.listener.co.nz/uncategorized/house-of-the-rising-sum/

Winston is just trying to be popular.

Lets hope in the Next Green/Labour/Mana/WinstonFirst Government that he gets sidelined to a post where he can do no harm. Helen sent him on the Diplomatic cocktail circuit – good for the ego, perhaps the next govt should do the same.

Russley, Hawthornden, Yaldhurst, West Melton, Halswell West, Halswell South and Kennedys Bush

All in the west
Once people are satisfied the quakes have stopped, the rents over the city will even out again

It’s time to remind the socialists that Muldoon was a socialist… Sure a socialist under a blue flag – but still a socialist.

The lefties hate him because he was National – but constantly talk up their policies which are the same as the ones which failed under Muldoon….

Educate them DPF !

And as has been pointed out to DPF every time this comes up, citing the number of properties listed on Trademe is meaningless without considering the number of people seeking properties, which is extremely high.

And lets limit banks and finance companies as to how much they can lend each month to finance new and used car purchases. Have I forgotten anything?

For the young ones (like DPF) these were all laws in the early 1980s and until July 1984 when the Nats lost the election.