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Open mike 15/02/2021

Owning a home provides security that no amount of rental law cannot.
The trouble is that house prices do not reflect the cost of owning a home. They reflect the cost of the expected medium-term capital gains (post bright-line). It wasn t a problem when they reflected the expected gains upon retirement and downsizing, but now who honestly expects to be in that house for thirty years? Or do they
expect to flip it in ten years or so?
Ad 1.2.1.1.2.1
Agree with the security bit. I ve seen the pro s and cons of home ownership debated at length in New Zealand literature. They re pretty even. ....

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Open mike 14/02/2021

Open mike is your post. For announcements, general discussion, whatever you choose. The usual rules of good behaviour apply (see the Policy). Step up to the mike … ....

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Open mike 14/01/2021

In the past week a relative and a neighbour of 5 years need to look for a new rental, they both recieve supported living payment. Just over 4 years ago when my landlord sold I had to leave the property. It was hard enough back then in the private market, now it has become out of reach for people who even earn the minimum wage.
The out lay to move into another property is expensive, 2 weeks rent, 4 weeks bond, removal of furniture, transference of the internet and power.
I had a mother on my street last year give away her furniture because it was too expensive to transport furniture to another region. ....

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Open mike 13/01/2021

What do you mean with that?
Nic the NZer …
The virus mutates meaning its specific RNA sequence can change when it reproduces. But hopefully the vacine still works for new mutated virus strains.
This doesn t have to be true however. Flu vacines for example don t seem to handle a wide range of flu variants.
Andre …
There was nothing intended to be about other illnesses in what I wrote. Sacha and Nic both picked up where I explained the control group got something else other than the vaccine that might have more side effects that a pure placebo, which is why I didn t want to use placebo for what was given to the group. But what was given to the control group was different for the different trials. Hence the reason for using the words something else . ....

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Open mike 13/12/2020

Someone hasn t bothered reading the link.
Macro 2
More ironic humour from Andy Borowitz (and very close to the truth!)
WASHINGTON (The Borowitz Report) A furious Donald J. Trump attempted to fire the Supreme Court Justice Amy Coney Barrett, sources report.
According to the sources, Trump was so irate about the Supreme Court’s dismissal of his election challenge on Tuesday that he phoned Barrett directly to inform her that she was “history.”
“I hired you to get a job done, and you didn’t get it done,” Trump angrily informed Barrett. “You’re out of here.”
Sources say that Barrett had the unenviable task of informing Trump that Supreme Court Justices are appointed for life and therefore cannot be fired, a revelation that left Trump “flabbergasted.” ....

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