11-08-2025, 11:34 AM
(10-08-2025, 05:40 PM)Oh_hunnihunni Wrote: I was very nearly one of the homeless, thanks to a rip off LL who pocketed my bond, raised the rent twice in a year, and refused to fix the very leaky roof... so, sorry, but landlords get no sympathy from me. If I was queen of the world, people could own the place they live in, plus a holiday home regularly used by family. Any other properties would attract serious taxation, not write offs.
That would force investment into much more productive assets and help break the favourite kiwi hobby of selling houses to each other, which has rendered most homes unaffordable for the next generation.
And I say that as someone who did quite well out of flipping back in the day...
And the problem with it this - it would make sense & be a fairer system.
in order to be old & wise, you must first be young & stupid. (I'm still working on that.)