There is a story on the front page of NewstalkZB this morning about a family of Seppos resident in Nelson.
They're complaining that their mortgage has gone up.
To put things in perspective they almost certainly voted O'Bama, Clinton and then Biden. If they voted in NZ they would have voted communist (Green or Labour).
They purchased a house two years ago in Nelson, one of the highest house-price areas in the country. Purchased at the height of housing prices in New Zealand.
They took out a mortgage loan of $1,000,000. at the then historically low interest rates. They took a one-year fixed mortgage - twice.
Anyone with a brain would have noted the chance of interest rates increasing and locked in a reasonable rate for at least three to five years.
Now, thanks to the things they supported creating serious inflation, they are being asked to pay current market rates which are considerably higher.
A large part of their complaint is that the bank(s) are commercial operations needing to make their shareholders money, are taking a profit.
Based on their argument their folly should be paid for by someone else.
It will be a good day for New Zealand when these people and all their co-fuckwits go back where they come from.
They certainly add nothing to this country!
