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Rents are driven by supply and demand

Those are the only two drivers

Sure, there are indirect factors driving rents, but ultimately those factors influence supply and demand

Rents arenā€™t cost plus, or anything else. Landlords have a commodity and take this to the market
But if you have costs like interest deductibility rules; tenant first rules, significant healthy homes cost, etc that make people not want to be landlords anymore (keep empty or switch to air B&B) then that reduces supply so those changes can push up rent.

Also if you have costs that affect all landlords equally (skyrocketing rates; insurance; mortgage) then if landlords react as a group the price can change without supply and demand as the tenants canā€™t simply switch to a cheaper option. Ie if costs rise by inflation generally rents will rise by inflation.
 
But if you have costs like interest deductibility rules; tenant first rules, significant healthy homes cost, etc that make people not want to be landlords anymore (keep empty or switch to air B&B) then that reduces supply so those changes can push up rent.
agreed
Also if you have costs that affect all landlords equally (skyrocketing rates; insurance; mortgage) then if landlords react as a group the price can change without supply and demand as the tenants canā€™t simply switch to a cheaper option. Ie if costs rise by inflation generally rents will rise by inflation.
well, I agree if they act as a group. But in reality, mum and dad landlords don't act as a group. They just try to get the best price and minimise vacancies. It really is a commodity product, and landlords' abilities to influence the market (on their own) is limited and futile to try. Vacancies come up at different times and the best hope is to just get market rent

Fine theoretically if they all band together. But each is beholden to their own situation. If the numbers cease to stack up they either hold their breath for as long as they can with a desired rental rate (and hope not to suffocate) or just sell and find another investment. If they are cashed up and have no finance costs, they can just do a landbank. But these guys wouldn't be affected by interest deductibility anyway
 
Political games.

No matter how great it might be we are going to get negative left media saying it wasnā€™t ready in time; tastes horrible; kids are starving. The anti anything coalition media have an angle, already clearly shown when the changes were announced.

If you didnā€™t foresee this reaction you donā€™t understand politics. Expect a trail of articles all week long until the media realise nobody cares about entitled people crying over a free lunch šŸ„±
 
Political games.

No matter how great it might be we are going to get negative left media saying it wasnā€™t ready in time; tastes horrible; kids are starving. The anti anything coalition media have an angle, already clearly shown when the changes were announced.

If you didnā€™t foresee this reaction you donā€™t understand politics. Expect a trail of articles all week long until the media realise nobody cares about entitled people crying over a free lunch šŸ„±
I know a parent at one of these schools, 2nd day of the food yesterday at a large school in central Auckland. First day of school the day prior, food was half frozen, kids were eating half raw butter chicken. Second day at 2.40pm the lunches still hadn't arrived.

I understand that there would be teething issues so hopefully this shit is sorted out soon!
 
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Political games.

No matter how great it might be we are going to get negative left media saying it wasnā€™t ready in time; tastes horrible; kids are starving. The anti anything coalition media have an angle, already clearly shown when the changes were announced.

If you didnā€™t foresee this reaction you donā€™t understand politics. Expect a trail of articles all week long until the media realise nobody cares about entitled people crying over a free lunch šŸ„±
You're so hilariously biased wiz, complete with brand new fiction and denial every day
 
I donā€™t particularly care about how tasty the free lunch is, or whether kids enjoy eating it

But logistically, it really does need to arrive on time and meet food safety from day 1. So people relying on it arenā€™t stuffed around

Not a major political issue but not a great look for the suppliers
Yes, but fundamentally centrally planned services never deliver well.

Hospitals, public transport, etc. always struggling to meet demand. And donā€™t start me on pensioners complaining the govt isnā€™t paying enoughā€¦

If parents provide their kids with lunch it will be what the kids will eat and there dailyā€¦
 
You're so hilariously biased wiz, complete with brand new fiction and denial every day
To show Iā€™m politically central, hereā€™s a left issue I support.

Banks shouldnā€™t be de-banking anyone unless itā€™s illegal.

Our banking institutes are part of a centrally controlled monetary system and everyone should have the opportunity to participate.

I donā€™t support de-banking petrol stations, mining or even Gloriavale. Access to banking has to be a fundamental right (unless illegal) in an inclusive society.

Go NZ First and stick it to the big banks!
 
To show Iā€™m politically central, hereā€™s a left issue I support.

Banks shouldnā€™t be de-banking anyone unless itā€™s illegal.

Our banking institutes are part of a centrally controlled monetary system and everyone should have the opportunity to participate.

I donā€™t support de-banking petrol stations, mining or even Gloriavale. Access to banking has to be a fundamental right (unless illegal) in an inclusive society.

Go NZ First and stick it to the big banks!
The very definition of fantasy is your first sentence
 
The very definition of fantasy is your first sentence
So you support the ACT liberterian type attitude that banks can decide for themselves? By the rich, for the rich?

Next the banks will be de-banking poor people because they donā€™t like who they work forā€¦ get ā€˜em NZ First!

This thread is getting confusing but I will always stick up for middle NZ!
 
Political games.

No matter how great it might be we are going to get negative left media saying it wasnā€™t ready in time; tastes horrible; kids are starving. The anti anything coalition media have an angle, already clearly shown when the changes were announced.

If you didnā€™t foresee this reaction you donā€™t understand politics. Expect a trail of articles all week long until the media realise nobody cares about entitled people crying over a free lunch šŸ„±
So predictable - bark at every dog passingā€¦ oops, it was there own dog !

ā€˜Labourā€™s Jan Tinettiā€™s attempt to criticise the Governmentā€™s free school lunch programme has backfired after she laid into a burger made when her party was in power.ā€™ šŸ¤£

Really highlights the negative at all cost mindset. So predictable from the left šŸ„±

 
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