Posts by Glenn Pearce

  • Hard News: How the years flew by ..., in reply to Glenn Pearce,

    No but the family home, an investment property or 2 and the bach on waiheke might.

    x 2 sets of baby boomer parents is some cases also

    Auckland • Since Feb 2007 • 467 posts Report Reply

  • Hard News: How the years flew by ..., in reply to Zach Bagnall,

    ally not. A family home divided 2.4 ways isn’t going to save people close to retirement age who were never able

    No but the family home, an investment property or 2 and the bach on waiheke might.

    And they're certainly not going to vote for anything that will lower their future inheritance.

    Auckland • Since Feb 2007 • 467 posts Report Reply

  • Hard News: How the years flew by ..., in reply to Paul Campbell,

    But it won't happen while the Reserve Bank Governor is constrained to keeping Inflation within the 1-3% range and the only tool he has is the OCR

    Auckland • Since Feb 2007 • 467 posts Report Reply

  • Hard News: How the years flew by ..., in reply to Mikaere Curtis,

    Another factor is that the children of Boomers are quite happy for it to perpetuate because who do you think benefits when their parents eventually pop their clogs?

    Auckland • Since Feb 2007 • 467 posts Report Reply

  • Hard News: How the years flew by ...,

    It came about from the accident of history that was the 1987 Crash which turned a lot of people off shares for life.

    I don't think so, have you ever tried borrowing money from the bank to buy shares like you can property?

    This property bubble won't burst until interest rates go up.

    While baby boomers with enough equity in their own homes can borrow $1million at a cost of ~$40k per annum it will continue.

    While the Reserve Bank has a target inflation range between 1-3% set by the government you will continue to see low interest rates for the foreseeable future.

    Auckland • Since Feb 2007 • 467 posts Report Reply

  • Legal Beagle: Future Leaders for…, in reply to David Haywood,

    My tongue was in my cheek David, your idea isn't a bad one.

    Certainly with the NZ relatively short 3 year terms it has merit, personally I'd be keen for longer terms in NZ (4 years) which under your system would potentially see 14 year olds voting.

    Auckland • Since Feb 2007 • 467 posts Report Reply

  • Legal Beagle: Future Leaders for…, in reply to David Haywood,

    Conversely, if you're not expected to live to the end of next term, remove the ability to vote?

    Or, how about age weighting your vote by your remaining life expectancy?

    If it's the younger people who are less likely to vote, won't lowering the voting age just decrease voter turnout (overall) anyway?

    Auckland • Since Feb 2007 • 467 posts Report Reply

  • Hard News: Paths where we actually ride, in reply to Russell Brown,

    Is it true that Phase II of Nelson St cycleway from Union to Victoria St is estimated to cost $13.9 million?

    Auckland • Since Feb 2007 • 467 posts Report Reply

  • Hard News: Paths where we actually ride, in reply to Russell Brown,

    They could just use the lovely Auckland clay that people are digging out to build garages and pools on their properties to cap the landfill on the northern side and save some $ ;-)

    Auckland • Since Feb 2007 • 467 posts Report Reply

  • Hard News: Paths where we actually ride, in reply to Bart Janssen,

    Meola Rd has variously allowed and dis-allowed parking over the years, the trouble is there are well patronised amenities there all within close proximity that just don't have enough off street parking to cope.

    Last Sunday was one of the worst I have seen in 20 years on Meola Rd, there was a football tournament at Seddon fields, the Military Open Day at MOTAT II and the dog walking park all within about 400 metres. On the southern side of course the Zoo and Western Springs lakeside and MOTAT I.

    It's great the facilities are being utilised and locals may benefit from cycle lanes but these amenities are used by people from all over Auckland and NZ who, like it or not, travel to them in large numbers by car.

    Auckland • Since Feb 2007 • 467 posts Report Reply

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