Robertson says $1.25b cash given to businesses in 2 weeks, with $9b spare for more if needed, and room to borrow more; New cash set to pump up prices of much smaller number of home listings
When he says "plenty of room to borrow more" wouldn't it be nice if the finance minister would also explain that when the gov "borrows" from its own RBNZ it's a wash and no debt is actually incurred? But then he'd have real trouble justifying "self-imposed debt limits", not to mention justifying why the gov has underfunded the programs and services that Kiwis need to do well and that has resulted in hunger and poverty and homelessness and a housing catastrophe. Fiscal responsibility first and the people be damned eh?
Bernard, it's interesting that you and most others think Real Estate agents are "Licking their Lips". With volumes so low along with the anecdotal fact that about 80% of total Real Estate commissions are earned by about 20% of the agents/principal agents, I'd say the majority of them with few or no listings will be doing the opposite. Most will be desperate for an upturn in volumes.
I wouldn't like to be part of that industry at the moment unless of course I was one of the few that do list and sell the multi-million dollar homes and will be making a killing!
When he says "plenty of room to borrow more" wouldn't it be nice if the finance minister would also explain that when the gov "borrows" from its own RBNZ it's a wash and no debt is actually incurred? But then he'd have real trouble justifying "self-imposed debt limits", not to mention justifying why the gov has underfunded the programs and services that Kiwis need to do well and that has resulted in hunger and poverty and homelessness and a housing catastrophe. Fiscal responsibility first and the people be damned eh?
Bernard, it's interesting that you and most others think Real Estate agents are "Licking their Lips". With volumes so low along with the anecdotal fact that about 80% of total Real Estate commissions are earned by about 20% of the agents/principal agents, I'd say the majority of them with few or no listings will be doing the opposite. Most will be desperate for an upturn in volumes.
I wouldn't like to be part of that industry at the moment unless of course I was one of the few that do list and sell the multi-million dollar homes and will be making a killing!