31-12-2021, 11:34 AM
(31-12-2021, 11:26 AM)Wainuiguy Wrote:(31-12-2021, 11:19 AM)Lilith7 Wrote: Seven properties? Hardly a family home plus a bach, is it.
At which number does it become a business, then? Four houses? Five? Ten?
"Witness Luxon, a millionaire and owner of seven houses, protesting against this yearÔÇÖs minimum-wage increase, a lift that gave a full-time worker an extra $40 a week."
His actions said it all.
So if I recall - He has his own house, a beach house, his apartment in Wellington and 4 rentals.  So 4 rentals isn't massive .  He likely also has significant other assets outside property.  And  no he isn't a business owner - the rentals will be investments and he has for many years been paid a salary.
Nice to see a quick sidestep of the part when you included business owners in general.
So then you disagree that seven properties is a business - you could simply have said that, rather than looking for a way to make a snide comment.
Seven properties is, if not an actual business, extremely close to exactly that.
in order to be old & wise, you must first be young & stupid. (I'm still working on that.)