13-02-2024, 03:24 PM
(13-02-2024, 02:52 PM)Oh_hunnihunni Wrote: It is like real estate though. The cheapest time to do it is now, if yesterday was not an option.
The silly thing is, these organisations can borrow at rates home buyers could only dream of. So why are they not investing? Because they value their roles more than those they were elected to serve.
Wait and see... Any minute now China will come along with this great offer...
And so many of these councillors have adopted an electioneering platform of reducing excessive rating levels, and then they get elected and realise (if they are intelligent enough to) that rates actually struggle to finance all those modern expectations of potable water, environmentally sound waste water processes and stormwater systems that can cope with every increasing peak rainfall intensities, apart from all the other frills that councils are expected to provide for their ratepayers. Suddenly those idealists hit reality head on and they're treading water politically trying to ensure their long term survival in local body politics.