Claptrap comes in many guises and disguises. Sometimes, it is based on inconsequential error. Sometimes, it is just bad judgment.
What does investment in real estate have to do with tax on cigars? Legislation creating a real estate investment vehicle was signed in the extension of excise tax on cigars.
With bitcoin, we believed it would go mainstream. An alternative to fiat currency that could hold its value like gold. This was an idealistic dream.
Here in NZ, we lock people out of housing. We have the lowest rates of home ownership since just after the Second World War. And it’s starting to show.
People, regardless of language or background, tend to spend money in roughly the same way. And, when investing, there are common tendencies that affect every investor.
Many parents would do anything to give their children a roof over their heads. You could say it’s a parental reflex. And in today’s culture, it’s not unusual.
The much-anticipated KiwiBuild scheme has finally launched. Will this be the end-all cure to New Zealand’s housing crisis? I doubt it.