"Would it make a difference if we asked for lower amount instead?" This is one of the most common questions of 2022. Lending criteria, partially thanks to the unbelievably inappropriate but politically highly convenient piece of legislation known as the CCCFA, is something you've likely heard about by now. I was one of the
Stimulants, depressants, & LVRs Darcy is joined by Jeremy Couchman, a senior economist at Kiwibank, to unpack the names for the many stimulants and depressants intoxicating the housing market right now. From LVR and DTIs, to the other strange monetary drugs, let's get a better idea of what we're taking this summer. L.V.R. has become
If I hear the word 'unprecedented' one more time this year I'm drinking one of the 4-litre containers of hand sanitizer under my sink. As with much of noise we've surrounded ourselves with this year, this year I've really learnt that pessimism is more expensive than optimism. We've seen this play out with our KiwiSaver
As you can appreciate, at this time we're currently experiencing a high volume of questions. They all have a similar sound to them so to save time, here's a list to cover off some of the FAQ's around Covid-19. If you're curiosity persists, please do get in touch. For an extra insight, I'm happy to
“We contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.” ― Winston S. Churchill Capital Gains Tax. What's the problem that it solves? But first, some facts: 1 – What is ‘Capital Gains Tax’. Simply put,
Who wants to listen to a cheesy show about making money and showing off about how much they know? Well if it’s going to be that kind of party I’ll go stick my face in some mashed potatoes - it’s high time that someone starts getting real about how they talk about financial literacy. The
Ever been late to a gathering just to find out that you clearly missed the party? Nope, it wasn’t the Asti Spumante or the cheap cologne, you just got the timing wrong. A ‘property investment bull trap’ occurs when you’re too late to the party. You hear amazing things about the gains and experiences of
I grew up in a small Canadian town a lot like Queenstown - very beautiful, loads of outdoor fun like skiing and hiking, but imagine more bacon. Like Queenstown, the seasons never failed, and no matter how much you tried to wiggle your way out of winter, summer always came of its own volition. Seasons
The capitalists may have to pitch in and get behind the projects of the socialists for the next 3 years. We didn’t see that coming - that’s been happening a lot though eh? The All Blacks lost, Labour’s now in power, and I just plucked out a grey nose hair - will it really cause
I’m a mortgage adviser - I sell mortgages like a hot dog vendor cruising central park in summer, but this election, like a prolonged summer, has made my wieners go off in a bad way. Even the crack whore property investors who’ve helped fund my children's shoes for the last few years, have gone into
