oh dear john key really has nothing to show for 9 years it truly is a lost decade
debt bomb the dirty little secret that under pins the NZ economy i honestly feel a great sense of unease about the near future nobody talks about how the debt mountain is going to be repaid this housing bust is going to destroy lives how could we allow ...
So there not even passing on the employee contribution either they stole our holiday money now there taking our retirement money and this government allows it New Zealand really is a banana republic corruption and theft by those is power is becoming ...
I guess the trouble will start nicruagwa to make sure the canal is never built
the EU has john key by the balls his heart and mind will follow!
This government has to go
http://www.zerohedge.com/news/2016-06-28/crackdown-begins-chinese-bank-sues-seize-vancouver-real-estate-assets article from Vancouver chinas banks have come to foreclose on property of defaulters
brought to you by bastards incorporated brighter future division
tv msm big media are largely irrelevant and have been for at least the last 10 years
have a look at SAM semi autonomous robot mason laying bricks https://youtu.be/MVWayhNpHr0
automation you move construction from the site to a production line https://youtu.be/Tz_wuZXRW-c?list=PLKhUBSyyV_EdoZzx4IO9rURl0VjZlqNHv people keep thinking guys on site that is obsolete https://youtu.be/bcHGQCWKm1I there even brick laying robots https://...
History proves there usually a rush for the exits all at once compounding any crash the panic sets in by then it's to late.
how long before chines banks turn up is Auckland http://www.zerohedge.com/news/2016-06-28/crackdown-begins-chinese-bank-sues-seize-vancouver-real-estate-assets no bubble ever lasts
there is no way to stop a crash NZ is already over the cliff housing is no different to a ponzi scheme first make the money last in get wiped out
the politicians can say all they like not to scare the horses but with half trillion dollars in debt a crash cant be avoided facts are the facts with housing at 10x income those debts will not be able to be repaid. i don't like brash but he is right on ...
https://youtu.be/MVWayhNpHr0
i fear they will take the prudent responsible citizens down with them. i have no problem with the irresponsible greedy and foolish crash and burning .my concern is damage they will do to society on the way down. do you think the increasing amounts of ...
But only strong-eyed realism will save us in time no they cant see past there house prices because far to many have used there homes as ATM machines realism reality will come with a bang. then the squealing will begin.
Oh I see - and yes I agree - the phone call polling is certainly getting less relevant - thanks for the link - most interesting !
Stuart - if as you state that the margin if error is low and falling then this means that these polls are becoming more accurate - ie lower margin of error = closer to reality ! That labour greens merger is now being seen for what it is - desperation and ...
That is pure madness the last thing a first home buyer should even consider is buying a home in today's market and the government to use kiwi saver as a cash cow to prop up the houseing market that is a ponzu scheme will just add the ruin of legacy to add ...
Does anyoe get the feeling this government is incompetent?????????????hahahahahhahahaahahahaha
https://youtu.be/UM1p3ibZjV4
Andrew little is on fire at last a real leader ,a prime minster in waiting Who are the losers ? Over leveraged property investors Those who have bought recently Land lords who going pay there rents Developers Overseas buyers Real estate companies House ...
iam picking homes built on such a scale will move from the site to the factory as they do in Europe ,production automation would take care of any changes people wanted . working hours per house would plummet also you wouldn't need skilled labour , skilled ...
BM we need to ask you ,why after 3 terms of rule under super key and the gang why is super key not delivering on housing or anything for that matter can you explain ?????
Chinese bank arrived in Vancouver to chase up Asian mortgage holders buying foreign real-estate with no intention of paying back there Chinese mortgages so they borrow millions in china then launder the money outside of china https://youtu.be/fbh3rndGDN8 ...
thats what they do every time you let them near government there a crime gang
its after the bubble pops i fear as one commentator pointed out in 1987 stock market popped the only people wiped out were the share investors when and i will use the word when ,not if . due to over leveraged mibble classes who have used there homes as ...
I really fear the bust every boom has a bust this bubble is so large for such a small economy as New Zealand the fall out will be castrophic bubble pops but the debt still has to be paid keys legacy will a bankrupt nation self inflicted
they cant because home owners are so over leveraged any change in policy will bring the house cards down and the economy with it the natz have been so irresponsible NZ could collapse. the government gets to keep billion dollar loan as an asset same as ...
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