Coronavirus
#391
BE Enthusiast
Joined: Jul 2008
Location: Auckland
Posts: 463
Re: Coronavirus
How do people feel about the 'community check-points'?
https://www.rnz.co.nz/news/te-manu-k...ally-is-racism
I have not travelled very far from home for many weeks now so haven't been affected. My first reaction (as a pakeha) is to find these things abominable.
Then again, the Government has told everyone to stay-home so perhaps there is some value in adopting the Maori community approach to communal problems?,
https://www.rnz.co.nz/news/te-manu-k...ally-is-racism
I have not travelled very far from home for many weeks now so haven't been affected. My first reaction (as a pakeha) is to find these things abominable.
Then again, the Government has told everyone to stay-home so perhaps there is some value in adopting the Maori community approach to communal problems?,
#392
BE Forum Addict
Joined: Jul 2007
Location: bottom of the world
Posts: 4,533
Re: Coronavirus
I don't think the predicted price fall will happen everywhere. Down here in Otago, every time a house appears on SM there is a rush of people desperate to snap it up. The desperate clammer of buyers will keep prices high
#393
Forum Regular
Joined: Jun 2018
Posts: 293
Re: Coronavirus
banks lose money shit loads money.
They must be desparado to prop the property market up if there changing the LVR.
#394
BE Enthusiast
Joined: Jan 2008
Location: permanently locked down
Posts: 733
Re: Coronavirus
Incomes have an influence on house prices, rentals likely to come down too with less in the holiday home and air bnb maket space.
Sure prices will recover longer term (they did within 2/3 years of the GFC) but if anyone's looking to buy now they'd be worth waiting for some fall, than agreeing a price based on values of 8 weeks ago. House prices stagnating and falling also isn't bad news either, it's only bad news people looking to downsize, and of course real estate agents on % commission who have been on a win, win, win in ever rising property prices.
At the end of the day, house prices will relate to incomes, that ratio had increased becaus typically via 70, 80's more households have had 2 earners than would be the case then, but that relationship cannot be exponential.
If I had spare cash, I wouldn't be putting it in 2nd houses etc., I'd be looking at the stockmarket instead, not bothering to try pick winners, but spreading the risk in funds. There's little chance of buying at the very bottom though.
#395
Re: Coronavirus
Seems to be similar up here. I'm seeing people tramping around the small development site next door even though they should not be there right now.
#396
Re: Coronavirus
How do people feel about the 'community check-points'?
https://www.rnz.co.nz/news/te-manu-k...ally-is-racism
I have not travelled very far from home for many weeks now so haven't been affected. My first reaction (as a pakeha) is to find these things abominable.
Then again, the Government has told everyone to stay-home so perhaps there is some value in adopting the Maori community approach to communal problems?,
https://www.rnz.co.nz/news/te-manu-k...ally-is-racism
I have not travelled very far from home for many weeks now so haven't been affected. My first reaction (as a pakeha) is to find these things abominable.
Then again, the Government has told everyone to stay-home so perhaps there is some value in adopting the Maori community approach to communal problems?,
#397
Re: Coronavirus
The Government/IRD are going to directly lend money to businesses that can't get a loan from a bank: Link to legislation.
This is such a bad idea, if deployed I will not vote for any party that backed this. It would be wasting taxpayer money, governments should not be making credit decisions particularly in extremely high risk scenarios. You know often legislation is about balance and I can appreciate varying perspectives but this is not one of those times. This is a terrible idea and will end badly. Government departments just don't have the expertise in business lending.
This is such a bad idea, if deployed I will not vote for any party that backed this. It would be wasting taxpayer money, governments should not be making credit decisions particularly in extremely high risk scenarios. You know often legislation is about balance and I can appreciate varying perspectives but this is not one of those times. This is a terrible idea and will end badly. Government departments just don't have the expertise in business lending.
Supplementary question: What is the minimum level of competence required to run a government? Asking for a friend.
#398
Account Closed
Joined: Mar 2008
Posts: 0
Re: Coronavirus
I'm well and truly over this bloody virus. I would dearly love to be back in the UK right now but can't be. My eldest brother's wife passed away from breast cancer on the 27th March and my mum died last Tuesday aged 84. I think her body just gave out after being unwell for a number of years.
The hardest thing is not being able to do anything. Without Covid 19 I'd be back home and supporting my dad and my brother. I feel so useless, the whole situation feels unreal and inertia has set in.
I have no idea how long it will be before I can get there and be allowed back here without being quarantined.
I hope everyone else is doing okay.
The hardest thing is not being able to do anything. Without Covid 19 I'd be back home and supporting my dad and my brother. I feel so useless, the whole situation feels unreal and inertia has set in.
I have no idea how long it will be before I can get there and be allowed back here without being quarantined.
I hope everyone else is doing okay.
#399
BE Enthusiast
Joined: Jul 2008
Location: Auckland
Posts: 463
Re: Coronavirus
I'm well and truly over this bloody virus. I would dearly love to be back in the UK right now but can't be. My eldest brother's wife passed away from breast cancer on the 27th March and my mum died last Tuesday aged 84. I think her body just gave out after being unwell for a number of years.
The hardest thing is not being able to do anything. Without Covid 19 I'd be back home and supporting my dad and my brother. I feel so useless, the whole situation feels unreal and inertia has set in.
I have no idea how long it will be before I can get there and be allowed back here without being quarantined.
I hope everyone else is doing okay.
The hardest thing is not being able to do anything. Without Covid 19 I'd be back home and supporting my dad and my brother. I feel so useless, the whole situation feels unreal and inertia has set in.
I have no idea how long it will be before I can get there and be allowed back here without being quarantined.
I hope everyone else is doing okay.
There is absolutely no time that anyone would consider OK to hear things like that but I think the isolation that we are going through now does it so much worse.
#400
Re: Coronavirus
I'm well and truly over this bloody virus. I would dearly love to be back in the UK right now but can't be. My eldest brother's wife passed away from breast cancer on the 27th March and my mum died last Tuesday aged 84. I think her body just gave out after being unwell for a number of years.
The hardest thing is not being able to do anything. Without Covid 19 I'd be back home and supporting my dad and my brother. I feel so useless, the whole situation feels unreal and inertia has set in.
I have no idea how long it will be before I can get there and be allowed back here without being quarantined.
I hope everyone else is doing okay.
The hardest thing is not being able to do anything. Without Covid 19 I'd be back home and supporting my dad and my brother. I feel so useless, the whole situation feels unreal and inertia has set in.
I have no idea how long it will be before I can get there and be allowed back here without being quarantined.
I hope everyone else is doing okay.
I'm struggling for the first time ever being on my own and am looking forward to getting back to CHCH in July. Thank goodness for the internet and Facebook to keep me feeling a bit connected.
In hindsight I'm one of the lucky ones. Take care of yourself Vitalstatistix ..
#401
Lost in BE Cyberspace
Joined: Jun 2005
Location: In a large village called Auckland
Posts: 5,249
Re: Coronavirus
Sorry to hear your news Vital, it must be unbearable. It's bad enough being so far away at the best of times but right now is just heartbreaking that people can't travel to be with families in times of real need or to attend funerals.
It keep playing on my mind, every time I speak to my mum these past few weeksnI hope she or nobody else dies right now because it would just be devastating not to be able to get there or do anything.
You take care.
It keep playing on my mind, every time I speak to my mum these past few weeksnI hope she or nobody else dies right now because it would just be devastating not to be able to get there or do anything.
You take care.
#402
Re: Coronavirus
Second day at zero cases. If this continues we'll be back at level two shortly and can release the pensioners back into the wild to frolic free among the autumnal leaves.
Sadly the economic consequences may persist for much longer.
Sadly the economic consequences may persist for much longer.
#403
Re: Coronavirus
Sadly the economic consequences may persist for much longer.
#404
BE Enthusiast
Joined: Jan 2008
Location: permanently locked down
Posts: 733
Re: Coronavirus
No doubt the latter comment, but that applies everywhere with CV-19. LIkewise the initial full lock down was managed very well, but the economic consequences could have been somehat less, we could have been into Level 3 a week before we were, and should be in level 2 now with restrtcitions on mass gatherings more tighter than original level 2, not waiting a further week to next Wed/Thurs at best from Ardern's decision this coming Monday.
#405
Re: Coronavirus
Yes, well, New Zealands "unique position" is only an opportunity until we exploit it to create an actual advantage.
From what I see the US and Europe are also attempting to 'open up' with similar limits to our L2. If they are successful in stopping a second wave it looks like both approaches yielded much the same results so far (except for a slightly higher death rate.)
We still might get some advantage if consumer spending recovers faster in Australasia? I'm not sure if an economy really can reopen if consumers are hesitant to spend. Time will tell.
From what I see the US and Europe are also attempting to 'open up' with similar limits to our L2. If they are successful in stopping a second wave it looks like both approaches yielded much the same results so far (except for a slightly higher death rate.)
We still might get some advantage if consumer spending recovers faster in Australasia? I'm not sure if an economy really can reopen if consumers are hesitant to spend. Time will tell.