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House Price Crash Forum


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About Odakyu-sen

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  1. Here are some rough and ready definitions. Underclass: You have your money given to you. Working class: You work for your money. You are local-minded (love your community, love your mates, love your pub, love your local footbal team). You don't see any reason to be upwardly mobile (through attempts at retraining or higher education). You don't like "people who talk posh." You know your place in society. You are happy with your lot. Middle class: You work for your money. You have ambitions and want to change your status in society. You aspire to be independently wealthy. You want to send your children to private schools. You study to better yourself. You may have spent time overseas and may speak a second language. You have a more "international" outlook on life. You want more out of life. Upper class: You have your money given to you.
  2. The summers in Auckland are warm and wettish. We have maritime weather. Mild but unpredicable more than a couple of days out. Winters are cool and wet. Think of Wales but 5 degrees C warmer. We hardly ever get a frosty morning here, close to the see, but the sea breeze is common most days. In summer it doesn't get above around 28 C on a hot day. In short, no tornadoes or hurricanes. No earthquakes in Auckland. The weather is mild but unpredicable. House prices are absolutely stupid. Interest rates a dropping. Immigration will rise as soon as this Covid-19 thing blows over. Foreign-born investors (with NZ passports) a buying up everything and the boomers are happy to sell to them. No capital gain or death taxes (yet). Aucklanders are property-mad. It's insane. I fear for my daughters' ability to ever buy a house in Auckland.
  3. Further south than any of you lot. (In Auckland, New Zealand.)
  4. Immigration is a balancing act. Too much and you flush away your native culture. Too little and you begin to fear and loathe the unknown and the unfamiliar. Immigration should be such that benefits the host nation in the long run. Immigration must have the support of the natives, otherwise you get ghettos and enclaves forming even more easily than they might otherwise form. It is human nature for birds of a feather to flock together, but if you really don't like the culture of your host country, then why are you here? (Other than for short-term financial gain (in the case of UK ex-pats working in the Middle East)).
  5. Yes. You are right. I am painting a black-and-white picture to make my point. An immigrant will always bring changes to his host country. It is the role of healthy society to discuss these changes and to decide what it will adopt and what it will reject.
  6. Do you want immigrants or colonists? An immigrant comes to your country to escape from the problems of his old country. He is willing to learn a new language and to become like you. A colonist comes to your country (and will send back to the old country for a wife), expects to live with others from his old country, expects you to learn his language and customs and to become like him.
  7. Good question. Who do you trust? Your own nation's government? (New Zealand) An allied nation's government? (Australia) A neutral nation's government? (Switzerland or Denmark) A non-friendly nation's government? (Turkey or Russia?) An un-affiliated medical blogger who is not in the pockets of the pharmaceutical giants? Indeed. Who to choose? I'll go with my own nation, since I can rely on them for welfare if the vacine turns out to have side effects. On the other hand, I despise the NZ Labour government (elitist trust-fund babies that most of them are). I don't think that there will be an effective vacine. After all, you can't vacinate against the common cold.
  8. I'll take the vaccine when it's safe. Not when it's available.
  9. How well does a face mask work? https://twitter.com/mcb1332/status/1293581041869955078?s=21
  10. The one thing to concentrate on to cut through the crap, is “year-on-year mortality rate from all causes”. Is it unusually high – Yes / No?
  11. Who was it who said, "The time to buy property is when there is blood running in the streets."?
  12. DOW JONES INDUSTRIAL AVERAGE -949.41 (-3.27%) No doubt on Tuesday, the Dow will recover about 450 points, followed by a further 230 on Wednesday. By the end of the week, it will be as if nothing had ever happened... (Or maybe this is the beginning of a return to around 18,000. Who knows?)
  13. How many years would such a lifestyle be sustainable? (Not too good for raising children...)
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