Property sales peaked in mid 2021, and the market peaked around November 2021. Since then, landlords equity has been declining. Rents go up by more when landlords costs go up in a market where supply lags demand.
There is no money tree Nic. KO has a funding model that enables it to build new housing and manage social housing stocks. When it is governed well, that works. When the organisation allows its borrowing and operating costs to balloon out beyond what is ...
There were not any mortgagee sales. Do you rent? Did you notice what happened to rents?
They can’t just borrow more if they can’t meet the costs of servicing the loans, and if they have no foreseeable ability to repay the loans.
"The salient detail is that the coalition of chaos was/is trying to imply that Kainga Ora''s operational management was the concern as per growing debt forecasts, when this was mostly related to the build up planned." That is a political red herring thrown...
Both Hipkins and Jackson have far too much political baggage.
Apparently it was a job interview. https://www.nzherald.co.nz/world/could-willie-jackson-be-the-populist-leader-labour-needs-bryce-edwards-political-roundup/7MAMBG4AC5GZ7HWIX3NTCUEYF4/
“told RNZ's Midday Report current regulations were there to stop bad landlords behaving badly.” The new regulations make it possible to stop bad tenants behaving badly. All fixed.
Thanks DoS, I appreciate the reply and in your case I withdraw the comment about the irony. And I read Spinoff piece you linked to. Parking our political differences, it's unacceptable we have people living in transitional housing, and the "I was made to ...
The left seem really triggered by money going to Gumboot Friday. Is it the charity itself? Or Mike King? Or perhaps, it's own failures: On Tuesday, the Mental Health and Wellbeing Commission released its new report for 2022, finding there has been no ...
Thanks to Drowsy, I now see it could have meant "having access to warm, dry housing for a decent period" (https://thestandard.org.nz/open-mike-24-05-2024/#comment-2000792), in which case it's great! But have you thought about the irony in your criticism of...
Good point!
You do realise the weirdness of mocking a journalists typo when we have, by one measure at least, "one of the highest rates of homelessness in the developed world"? NZ among world’s worst developed countries for homelessness as Chris Bishop says action on ...
Thanks, that's an interesting piece. It's good to see the support for structure literacy - IMHO that is our best chance to improve literacy in NZ after decades of decline. Picking up on the final comments from Gail Gillon, I suspect the initial emphasis ...
SPC it's you that raised spending on consultants. I was commenting on the growth in the workforce. But yes, spending on consultants rising 30% is out of control. And absolutely I will hold any government to account if the growth in the public sector we've ...
Wage inflation is irrelevant when comparing employee numbers. Employee numbers went up 19%, when population only rose 11%. Spending on consultants and contractors up 30% over 5 years when inflation only rose 21%. Whichever way you spin this, whichever ...
The employee data is numbers, not $'s, so inflation and wage levels are irrelevant. To your point about consultants and contractors - spending increased 30% in 5 years, well above the rate of population growth AND the rate of inflation over the same period...
Relevance? The figures I quoted are based on 2018 onwards because Labour were elected at the end of 2017. Relevance? It is the increase in spending that matters. There will always be 'reasons'. 'As a share of the workforce'! Have you thought about what ...
And the MP who campaigned for justice for the postmasters was James Arbuthnot (played by Alex Jennings in the recreation), who (inconveniently for Patricia) is a Conservative.
From Workforce Data - Workforce size - Te Kawa Mataaho Public Service Commission. Total contractor and consultant spend (Opex & Capex) in the year to June 2018 = $900.2m Total contractor and consultant spend (Opex & Capex) in the year to June 2023 = $1,268...
Workforce Data - Workforce size - Te Kawa Mataaho Public Service Commission The number of public sector employees (excluding local government) rose by 65,784 (19%) in just 6 years to 2023. The number employed by MSD rose from 6,799 @ June 2017 to 9,077 @ ...
@ Drowsy "I must (now) also acknowledge that not all young people who undergo gender-affirming treatments view these as harmful, let alone "mutilation"." Perhaps because a very great number are already vulnerable. Perhaps because they are too close to be ...
Thanks Weka. Heart wrenching. And incredibly brave.
...Meyerowitz-Katz makes an interesting point about to how much weight should be given to individual opinions. Actually their point is absurd. Should the opinions of the wider medical fraternity be given weight? Should, for example, medical professionals ...
It took a directive from Government? In 2020? Project Velocity wasn't even piloted until March 2022, and wasn't in testing until February 2023. Housing-delivery-system-OI-23-137-response-letter-2-June-2023.pdf (kaingaora.govt.nz)
If you could provide any evidence of those claims, I'd certainly be interested.
This is life changing, irreversible surgery (some would say mutilation) on young, vulnerable people. It absolutely has to be widely debated.
Transgender youth: Here’s what the data says about regret rates. (slate.com) This article looks at studies that show regret rates ranging from 1% to 30%. They say this: The issue here is that neither of these extremes are reliable estimates of regret. The ...
Spoiled children unhappy at not getting their own way.
I read the article. It was dripping with bias. I agree with David, there was a deeper story here, but clearly it flew straight over the journo's head.
Recent Comments