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Open mike 27/02/2021

Trigger-happy people are dangerous, guns shoot people and males get high on guns more than females. Police tried the careful approach to a guman in Aramoana and lost out.
There has to be a better program for these lost boys sent away from home by the sleazy-peazy Australian government wanting to slide out of their failures to integrate people. We are much the same here, but we haven t the option to pass the parcel. So let s have a sensible program, and give them something to ground them here, ability to turn their lives around and have a regular earning job and still keep in touch with there. Perhaps if the rehab was successful some returnees could help in working with our crims here on the basis If I can remake my life so can you . And bring in a visa system so we can keep track of what goes from here to there and vice versa. It would help if we knew how much vice is travelling over the Tasman! ....

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Open mike 22/02/2021

Hi Pat. I think that ChCh is a bad example. Since the earthquake the city has spread out hugely to the west, north west and south west. In the east of course, which has historically been lower cost housing, its just one huge barren landscape in many areas. The whole market is totally distorted.
The new dwellings are all of a certain type. Flashy, expensive and not really good rental material. So, I would strongly disagree that supply has increased
in the rental market.
Agree with you re excess liquidity, along with interest rates sub 3% and the wrong incentives (lack of Capital Gains Tax). ....

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Open mike 21/02/2021

Bloody annoying behaviour from Vector yesterday. Caused the site to be off for most of the day and evening.
We d been informed earlier in the month of a power shutdown from 8am to 10 am. That is on the limits of my UPS. I just organised to be home during the morning. The UPS ran until about 1013.
By which time, I was asking about why it was taking so long. The workers then told me that the power would be off until sometime around 4pm.
Unfortunately the system shutdown hard, because of problem in the UPS configuration. I had to repair the partition tables of the two drives that are the current TS system. ....

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Open mike 20/02/2021

And if the new owner wants to live in it ….
aj …
Essentially over the past 20yrs we ve actually had to put money
into the business to keep it afloat, and our tenants in their homes. We re now in the position of
having shitloads of equity, but
crap cash flow, and because I m close to retiring that isn t something I can sustain anymore.
The trouble with this is that I ve heard this description from not only landlords but farmers as well, except farmers don t like to flaunt their equity in public.
The total values of assets that can be realised is the figure that most people will focus on. If you have $10M in equity but moan your a e off about pitiful cashflow, then you generally won t get a lot of sympathy. ....

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President Biden Reaches Out To Prime Minister Ardern

Written By:
advantage - Date published:
11:18 am, February 7th, 2021 - 42 comments
No good citizen in their right mind would want to see democracy further eroded in the United States of America. Cold cash and mercantilist in all levels of political process have lowered – shall we say Trumped – how the United States is perceived internationally. President Biden set out his thoughts for the world to consider yesterday.
New Zealand is one of our closest friends and partners. The unbreakable bond we share was established when the first US Consul to New Zealand was on hand to witness the signing of the Treaty of Waitangi on February 6, 1840.” ....

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