Should have said he grabs em by the pussy, he'd be a hero to the anti-woke voters
Politics 🗳️ NZ Politics
- Thread starter wizard of Tauranga
- Start date
NZWarriors.com
Imagine NZF with co leaders of Nash and the kient Jones. The equivalent of TPMIf the leaders of NZ First were thinking of having Nash around as a successor to Winnie, they'd better go back to the drawing board....
Nash resigns after comment about women
Ex-MP describes his Auckland-based employer as 'a good company' on announcing his exit.www.nzherald.co.nz
Friggen scary proposition (for NZ) that line up!!!
NZWarriors.com
Interesting.... man mentions womans organs and is attacked by the media.
Another politician makes a reference to male organs (which may or may not be referring to those of a child), and the media defend him.
Is the difference in the person making the reference, the party/side of the political spectrum they're from, or their "gender" or "white maleness" or the subject matter?
Stuffed if I know.
Reminds me of Todd Muller being sacrificed by the media for having a MAGA cap on display in his office (while they cropped out the Hilary Clinton cap next to it) while also completely ignoring that one of the poster boys for the left of centre media, Jack Tame, was quite open that he had caps from both Clinton and Trump from when he was covering the same election as TV 1 US correspondent.
It's as if everyone has a barrow to push Mike, we're lucky we were born centrists so we see through the lies on both sides.
Stretching a bit there Mike
NZWarriors.com
The old Up and Under!
I bet the Epstein List is like a post-it note compared to the Trump ListThe old Up and Under!
NZWarriors.com
Do you want a defamation case? Cos that’s how we get defamation cases!
View: https://x.com/suitandtie9999/status/1965957858400637367?s=46&t=N6rrXot3pBpvv2hdvhmStw
View: https://x.com/suitandtie9999/status/1965957858400637367?s=46&t=N6rrXot3pBpvv2hdvhmStw
Was she intending to accuse them of cartel behaviour perhaps. Geez she’s stupid.
You would know Frank, spreading disinformation on these pages
NZWarriors.com
That also is a criminal offence since 2021
. The looks on the David and Ryan’s faces when they realise she’s making wild accusations of criminality
I don’t understand how anyone can take her seriously. It’s like they’ve let a 15 year old run a political party. Ridiculous.That also is a criminal offence since 2021
The looks on the David and Ryan’s faces when they realise she’s making wild accusations of criminality
Imagine how the greens refer to the rest of the country at their conferences, when the cameras are off
No wonder their supporters are so militant!
No wonder their supporters are so militant!
NZWarriors.com
If it's as bad as what they say about each other behind their backs, I dread to think
A word of warning for anyone considering buying a home/apartment using a private shared equity scheme. A friend of mine is a lawyer who is trying to help a young guy out whose about to lose everything.
A few years ago, he went to a “property seminar” where a developer was selling new apartments in Flat Bush off the plans. At the “seminar” there was also lawyers, real estate agents and an accountant. He decided to buy an apartment using a shared equity scheme, approved by the accountant and lawyer there…. I.e. no “independent” person to look over the deal.
It seemed like a great deal…. he would pay a 20% deposit (money he saved, from his parents and the balance as a small mortgage arranged by the developers “independent” mortgage broker”). The only mortgage he would have to pay was to the bank and was really manageable. The rest of the money (80% of the purchase price) would be left in the property by the developer and the buyer would pay him 80% of the capital gain when he sold it in the future…. seemed a great deal…. provided the property gained in value. He could live in it for say 10-12 years, wait while it doubled in value, sell it and with his share of the capital gain plus his deposit (he was planning to pay back both his parents and the bank before he sold), he would have a larger deposit for a better dwelling in a better area.
One catch that wasn’t explained to him properly was what would happen if the property decreased in value…. if sold before the property had gained enough in value, he would owe the developer the equity the developer had left in the property plus 20%… no matter what the current value of the property is worth.
Timing is everything!!!! He brought at the peak of the market when FOMO was about paying more than the property was worth because off the “short time” to secure the deal. He paid $800,000 (including the deposit for $200,000 from his savings, the bank and his parents), meaning the developer left $600,000 for the shared equity.
But, house prices in Flat Bush, like the rest of Auckland, has fallen, he’s lost his job and can’t pay the bank back so is being able to forced to sell. His father has past away and most of his parents money went in medical and other expenses, so his mother can’t give him more money.
His $800,000 property is now only worth $600,000 but the developer has warned him if he sells it or if the bank sells it as a mortgagee sale, he will own the developer not just the equity left in the property but also an additional 20%.
Poor guy stands to walk away from what should have been “the deal of a lifetime” with a debt of nearly $150,000 after the bank gets their money and he’s able to pay of some of the equity back to the developer.
A few years ago, he went to a “property seminar” where a developer was selling new apartments in Flat Bush off the plans. At the “seminar” there was also lawyers, real estate agents and an accountant. He decided to buy an apartment using a shared equity scheme, approved by the accountant and lawyer there…. I.e. no “independent” person to look over the deal.
It seemed like a great deal…. he would pay a 20% deposit (money he saved, from his parents and the balance as a small mortgage arranged by the developers “independent” mortgage broker”). The only mortgage he would have to pay was to the bank and was really manageable. The rest of the money (80% of the purchase price) would be left in the property by the developer and the buyer would pay him 80% of the capital gain when he sold it in the future…. seemed a great deal…. provided the property gained in value. He could live in it for say 10-12 years, wait while it doubled in value, sell it and with his share of the capital gain plus his deposit (he was planning to pay back both his parents and the bank before he sold), he would have a larger deposit for a better dwelling in a better area.
One catch that wasn’t explained to him properly was what would happen if the property decreased in value…. if sold before the property had gained enough in value, he would owe the developer the equity the developer had left in the property plus 20%… no matter what the current value of the property is worth.
Timing is everything!!!! He brought at the peak of the market when FOMO was about paying more than the property was worth because off the “short time” to secure the deal. He paid $800,000 (including the deposit for $200,000 from his savings, the bank and his parents), meaning the developer left $600,000 for the shared equity.
But, house prices in Flat Bush, like the rest of Auckland, has fallen, he’s lost his job and can’t pay the bank back so is being able to forced to sell. His father has past away and most of his parents money went in medical and other expenses, so his mother can’t give him more money.
His $800,000 property is now only worth $600,000 but the developer has warned him if he sells it or if the bank sells it as a mortgagee sale, he will own the developer not just the equity left in the property but also an additional 20%.
Poor guy stands to walk away from what should have been “the deal of a lifetime” with a debt of nearly $150,000 after the bank gets their money and he’s able to pay of some of the equity back to the developer.
NZWarriors.com
- Thread starter
- #19,499
Sad situation. There are many without the equity part that have also been stung buying at the peak and in negative equity.
With the amount of care and consumer protection for all sorts of other things (buying a car, entering into hire purchase contract, cooling off periods, information memos etc), it is pretty astounding that these sorts of structures exist
Especially so given that will probably be the most impactful financial decision that person will make in their lifetime. A few grand on a decent solicitor would have helped prevent it. But at the same time, they work on instruction from the client who invariably just wants to keep legal costs down and often have already made a decision to purchase, and don't want to be charged by their solicitor for time spent trying to convince them of the risks
The solicitor and accountant there should have been providing advice to buyers to get independent advice. In fact, if I was the buyer, I would be looking at them and putting pressure on the law society and nzica
The developer - to be honest, not a fan of developers but realistically the deal wouldn't exist if there wasn't some sort of downside protection for them. The biggest issue I'd have would be the creation of a scheme to pressurise the contract being entered into
A sad situation alright. A good lesson to:
- pay for good advice, and actually be open to receive it and
- take out redundancy insurance
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