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Comments on: Careful claiming “risks” as a justification for banning sales! http://www.tvhe.co.nz/2013/07/31/careful-claiming-risks-as-a-justification-for-banning-sales/ The Visible Hand in Economics Tue, 20 Aug 2013 10:31:11 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Small Business Commercial Legit Work From Home Jobs Tips And Ideas « http://www.tvhe.co.nz/2013/07/31/careful-claiming-risks-as-a-justification-for-banning-sales/#comment-41947 Tue, 20 Aug 2013 10:31:11 +0000 http://www.tvhe.co.nz/?p=9221#comment-41947 […] work from home jobs. Key to this thing is to work hard. I wish all the triumph in the world to you. It's not that difficult to start in real work from home jobs. You should be sure to research your o… should be sure to research your options before making a move. Continue reading to gain the […]

]]> By: LVR’s are coming: Let’s think about the causes underlying this | TVHE http://www.tvhe.co.nz/2013/07/31/careful-claiming-risks-as-a-justification-for-banning-sales/#comment-41852 Tue, 13 Aug 2013 07:02:35 +0000 http://www.tvhe.co.nz/?p=9221#comment-41852 […] Credit constrain households – think of it relative to the debate on sales bans, […]

]]> By: Matt Nolan http://www.tvhe.co.nz/2013/07/31/careful-claiming-risks-as-a-justification-for-banning-sales/#comment-41686 Wed, 31 Jul 2013 18:38:00 +0000 http://www.tvhe.co.nz/?p=9221#comment-41686 In reply to Shamubeel Eaqub.

That is what really annoys me – the “logic” people are using generally seems to be “we want more cheap stuff, it must be foreigners taking it”, which is trash. Given that, a whole bunch of people are trying to come up with ex-post justifications for a policy based on that … bah!

And the policy is so silly, I don’t even need to say “we aren’t in the appropriate situation” – as in all conceivable situations, the policy isn’t the right one. People are so desperate to blame foreigners they will just blatantly misquote articles to do so: https://twitter.com/Jackalblog/status/362404970064117761

]]> By: Shamubeel Eaqub http://www.tvhe.co.nz/2013/07/31/careful-claiming-risks-as-a-justification-for-banning-sales/#comment-41684 Wed, 31 Jul 2013 09:10:00 +0000 http://www.tvhe.co.nz/?p=9221#comment-41684 I still dont see what the problem is here. Too many muppets running around with solutions in search of a problem. Have we even established what ‘foreign’ buyers are doing? Its always them and not us…

]]> By: Matt Nolan http://www.tvhe.co.nz/2013/07/31/careful-claiming-risks-as-a-justification-for-banning-sales/#comment-41677 Wed, 31 Jul 2013 02:14:00 +0000 http://www.tvhe.co.nz/?p=9221#comment-41677 In reply to Logan.

Knowing something we don’t is what it relies on – just like Seamus’s post said 😉

I buy the idea that foreign buyers are willing to accept a lower yield than NZ investors … I can definitely live with that 😉

]]> By: Logan http://www.tvhe.co.nz/2013/07/31/careful-claiming-risks-as-a-justification-for-banning-sales/#comment-41676 Wed, 31 Jul 2013 01:47:00 +0000 http://www.tvhe.co.nz/?p=9221#comment-41676 I find it very difficult to believe foreigners are currently speculating on residential housing, as opposed to investing. Given the high historical prices for housing, relatively high exchange rate and the high costs of buying and selling residential housing, there doesn’t seem to be a lot of room for easy profits.

Maybe they know something we don’t.

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