09-09-2025, 03:40 PM
(09-09-2025, 03:32 PM)harm_less Wrote:(09-09-2025, 03:26 PM)Lilith7 Wrote: Yeah...not everybody. Just the greeders....
Or more accurately price rises due to the supply and demand model benefit existing owners (in property terms) and suppliers (in retail) so long as there is enough elasticity in the market for those increases to be tolerated. Those on the buyers' end of the equation are generally impacted negatively.
That'll be why vulture landlords form Auckland descended on a small town in the SI & bought up those for sale ex state houses. And then proceeded to rent them out.
At Auckland prices....
in order to be old & wise, you must first be young & stupid. (I'm still working on that.)