Printing money is the biggest all-time scam. Imagine allowing some private individuals to print money as they please. That is what they have been doing!
House prices were sharply rising for decades in many places, without much of an issue. People love to think that their "investment" is increasing, but what the heck do you do when you sell? You still have to buy in an inflated market
And all of these measures of inflation reduced housing and medical costs, to create the illusion of an upswing
But hey, remember that Thatcher gave ownership of public housing as a way of "freedom" but it really changed the people to become more conservative and pro markets.
Well right now no houses are selling in NZ. And the banks are disapproving of all of your bad habits which you have to get rid of before doing that kitchen or even buying a house (truth is that won't work either)
I see a problem coming, council rates go through the roof courtesy of say 3 waters, and Jacinda or her replacement come in and offer to buy all the houses and rent them back to you via ANZ or Westpac. Easy!
Printing money is the biggest all-time scam. Imagine allowing some private individuals to print money as they please. That is what they have been doing!
Blackrock buys property to hide the deaths.
I wish that such a reply was out of the question. But I know that it's not.
House prices were sharply rising for decades in many places, without much of an issue. People love to think that their "investment" is increasing, but what the heck do you do when you sell? You still have to buy in an inflated market
And all of these measures of inflation reduced housing and medical costs, to create the illusion of an upswing
But hey, remember that Thatcher gave ownership of public housing as a way of "freedom" but it really changed the people to become more conservative and pro markets.
Dumb people, dumb leaders, and idiot economists..
Yes I remember the negative equity so common of the late 80s and early 90s in the UK.
NZ has yet to hear of that term.
High house prices lead to despair and envy.
I fear for private property rights.
Well right now no houses are selling in NZ. And the banks are disapproving of all of your bad habits which you have to get rid of before doing that kitchen or even buying a house (truth is that won't work either)
I see a problem coming, council rates go through the roof courtesy of say 3 waters, and Jacinda or her replacement come in and offer to buy all the houses and rent them back to you via ANZ or Westpac. Easy!
Why rented back via a bank?
Why not BlackRock or some zillionaire buying them?
With the depopulation agenda there will be fewer houses needed which will affect both house and rent prices.
Resthomes will be busy with younger people, as long as there are some robots to look after the "Vax" injured.
Sick people can't really look after sick people.
Not a joking matter, and becoming less hypothetical.
"Why rented back via a bank?"
It's not my idea. And I'm not sure what the difference between say the ASB and Blackrock is anyway.
https://www.asb.co.nz/documents/media-centre/media-releases/asb-appoints-blackrock-in-major-partnership.html
Regarding the rest of your post, yes it seems about correct as events are playing out at the moment. I want some justice.
Black Rock, having access to ASB's records, won't have to go far to snap up the mortgage defaults.
I guess that Ukrainian refugees could live in the spare houses, or do they get to go back home soon.
What do you do with a spare house? Occupy it and call it your own?
The Ukrainians seem keen on this 'new world order' of Klaus's
Is there somewhere that is not keen on the NWO? Other than your place in Dunedin.