we’re planning on spending it all
I'd start to worry that they plan on cashing in early when they start gifting you Mt Everest expedition and base jumping holidays.
Which is part of the problem but not the whole problem because the data strongly suggest a lot of money is coming into NZ from overseas as well.
Hence as so many have already pointed out multiple solutions are needed.
But as Ben has rightly noted voting for policies that reduce the value of your home seems silly. And all of those policies WILL reduce the paper value of our homes.
It's almost like we need a government that makes policy that is good for us, not merely popular.
That would never happen!! No way would that get voted in by anyone who already owns a house.
Which of course is the problem because any action that genuinely seeks to fix the housing problem WILL result in a drop in current house prices.
But I own my house and I would vote for policies that would drop the dollar value of my house. The real value would of course remain exactly the same. The reason isn't altruism at all it's the knowledge that this inflated house price market is damaging New Zealand - possibly irrevocably.
And I guess we have a PM at the moment who is physically and philosohically more comfortable with rich people from overseas than poor people in NZ.
I hadn't actually thought of that, but yes he is distinctly uncomfortable with poor people.
You got Surged!
Yeah I know. It was a combination of me misinterpreting the multiplier and the estimated base cost being ~100% wrong - all on my first use of Uber. Nothing to do with the actual driver but definitely soured the whole experience.
No I meant that they driver in a safer manner on the roads :).
Gosh aren’t those no U-trun signs annoying and WTF are those dotted yellow lines on the side of the road there for anyway
signed grumpy of Mt Roskill
Kiwis prefer property investment over productive economic investment (eg Kiwisaver).. a wholesale cultural change is necessary.
If it was only kiwis then the only real problem would be the Australian banks taking a billion dollars a year out of New Zealand and we could cope with that that, just.
But it isn't kiwis who have the money now.
Or is there some other vital component required?
New Zealand is poor. That's a fact we can't/won't admit to ourselves. We have simply very little of value to contribute to the world and we as a country are poor.
The consequence of that is that people from countries that are rich have more money to spend than New Zealanders.
In that environment, allowing those people from other countries who have money to buy our assets without any restrictions whatsoever is insane.
But we continue to allow this insane policy because we cannot admit we are poor.
We may as well sell every second born child into slavery.
I've had two uber rides. One paid for by a friend. And the one that makes me doubt I will use Uber again. Essentially the multiplier (which I misinterpreted) combined with a ludicrous "estimated cost" meant we paid roughly three times what a taxi would cost.
I have no problem with breaking the taxi monopoly but nothing in my Uber experience makes me want to ride again.
I am glad your experience as a driver has been good.
As for the P requirement ... well if it is meant to ensure that taxi drivers and uber drivers are safer on the roads ... roflnui
The extra certification on the vehicle seems OK.
Can't see any justification for Uber deciding to unilaterally lower the standards - kind of like McDs deciding burger meat doesn't need to be stored in the fridge.
Is this personal and very human horror to which our society subjects it's citizens really worth that tax cut?
The weird thing is most folks really aren't selfish, they will happily donate to charities and relief funds or give their old sheets to refuges. But suggest for a second that it could be done by taxation and people turn blue with anger, bizarre.
I do want to start a rumour that autism can be cured by vaccination ... that would be bad wouldn't it.
It also strike me that whenever I read threads like this the people working at the desk at the support organisations really want to help, but it is a management structure and policy dictated from the minister down that the system either work well or do harm. It's not the actual system or the people in it that are the problem but rather the way the system is administered.
That argues that we don't need a new system but rather we need the system managed with a different attitude.