Posts by Che Tibby

  • Speaker: House prices and the "Magic Money", in reply to David Hood,

    But it occurred to me that this is where there is supposed to be a relationship and the numbers stopped adding up.

    yeah, hence my suggestion that *part* of the equation might be on-shore investors.

    otherwise, yeah, totes off-shore money from somewhere.

    the back of an envelope • Since Nov 2006 • 2032 posts Report Reply

  • Speaker: House prices and the "Magic Money",

    really like this post. i'm no big-city economist, but it seems pretty logical.

    regarding where the money could be coming from: did you consider the two big changes in the mid-2000s, the Cullen Fund and Kiwisaver? Could property investment be being made from fund managers?

    the back of an envelope • Since Nov 2006 • 2032 posts Report Reply

  • Access: Zero, in reply to Russell Brown,

    that's because floor towels is what they are.

    smart lad.

    the back of an envelope • Since Nov 2006 • 2032 posts Report Reply

  • Capture: Peak Pohutukawa,

    no photo, but the rata are also flowering prolifically. we were in the waiohine valley on boxing day, and the treetops in the distance were faintly red, bobbing along in the wind.

    the back of an envelope • Since Nov 2006 • 2032 posts Report Reply

  • Capture: Peak Pohutukawa, in reply to Patrick Xavier,

    i'm soooo glad you got that tree. it's consistently the best in wellington.

    the back of an envelope • Since Nov 2006 • 2032 posts Report Reply

  • Capture: Peak Pohutukawa,

    cheers for the aurea!

    had never seen one till the biggie in our yard flowered... now i see them everywhere in wellington.

    the back of an envelope • Since Nov 2006 • 2032 posts Report Reply

  • OnPoint: "Project SPEARGUN underway", in reply to Matt Crawford,

    It would require vast amounts of ongoing bandwidth and CPU, especially as Key claims it was to be total.

    that assumes that we actually house the data tho doesn't it? the internet has already decided that breaching the cable is "trivial" (if you have a nuclear sub and the right kit...), and we know from snowden and hager that the 5-eyes routinely share data. snowden also clearly stated last night that the gcsb has been contributing to the development of the overall project to mass surveil. that suggests opex funding to me.

    like stephen clover indicates. it's a govt to govt transfer, probably at cost.

    the back of an envelope • Since Nov 2006 • 2032 posts Report Reply

  • OnPoint: "Project SPEARGUN underway", in reply to Matt Crawford,

    devil's advocate: what if the kit is developed by a different source and only needs to be implemented? that would be still be capex, and opex would be BAU for the agency.

    the back of an envelope • Since Nov 2006 • 2032 posts Report Reply

  • Speaker: Not even a statistic,

    .

    the back of an envelope • Since Nov 2006 • 2032 posts Report Reply

  • Hard News: Going solar?,

    i've done the math on this time and time again, and the only reason we haven't gone solar PV is that our bills are so low - mid-winter we only pay $150 a month. a large part of that is having a modest home and a big woodburner (total monthly heating is at least $200 per month in winter, but if we get free firewood anywhere it drops dramatically). but we also work hard on not wasting electricity.

    like someone said earlier (thread is currently a bit tl;dr for my cold-addled brain), the most carbon efficient car is probably one already built - but i'd argue that it's one you don't use at all. frugality is the key.

    the back of an envelope • Since Nov 2006 • 2032 posts Report Reply

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