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Posts Tagged ‘auckland’

WMBAD: The Auckland Housing Bubble

Written By: - Date published: 11:48 am, July 24th, 2015 - 14 comments

white man behind a desk

The White Man Behind A Desk is back, with equal opportunity satire and a special message to rich people.

Auckland house prices – the good ol’ days ’05

Written By: - Date published: 7:14 am, July 17th, 2015 - 58 comments

Monopoly Skyscrapers

Home ownership rates have been crashing since the 1990’s. Auckland house prices have been classed as “seriously unaffordable” since 2006 or earlier. The answer is to make sure that houses are no longer considered a financial asset for capital gains.

NRT: This is wrong

Written By: - Date published: 1:44 pm, July 13th, 2015 - 48 comments

Housing Bubble Burst

“Auckland’s median house price rising a record 26 per cent to $755,000 over the past year..”. This is what a bubble looks like: when your house “earns” a top-end salary just by existing. And its a perfect example of why we need a capital gains tax.

Twyford Responds

Written By: - Date published: 12:00 pm, July 13th, 2015 - 324 comments

Phil Twyford

Labour’s Housing Spokesperson Phil Twyford responds to accusations of racism and points to the way forward. The Labour Party will limit foreign speculation, build affordable houses and replenish the State Housing stock.

Fuck you Auckland!

Written By: - Date published: 1:20 pm, July 11th, 2015 - 57 comments

the-finger-thumb-haha

That’s the Nats’ message to Auckland, who are getting a taste of some Canterbury style “democracy”.

Auckland property buyers

Written By: - Date published: 9:57 am, July 11th, 2015 - 436 comments

Auckland

The big story this morning is Labour’s analysis of Auckland property purchase data.

If you thought the Auckland property bubble was bad now…

Written By: - Date published: 7:27 am, June 24th, 2015 - 81 comments

money-house

… then prepare for it to get a lot worse.

Ghost houses and the invisible hand

Written By: - Date published: 7:01 am, June 16th, 2015 - 243 comments

the-finger-thumb-haha

Auckland has an urgent deficit of 20,000 to 30,000 houses. Meanwhile 22,000 houses are sitting empty. Behold the efficiency of the market!

Nick Smith strikes out on housing land

Written By: - Date published: 8:56 am, June 12th, 2015 - 50 comments

nick-smith-in-a-field

Government buys a fight with iwi

Written By: - Date published: 7:11 am, June 5th, 2015 - 57 comments

shushing key

The Nats seem determined to buy a fight with iwi over Auckland land, practically challenging them to court action. Do they really think this is going to end well for them?

Geddis on Auckland housing land

Written By: - Date published: 8:25 am, June 4th, 2015 - 54 comments

pundit logo -square

Yesterday we covered National’s blunder in not considering Treaty settlement obligations in its plans to free up state land for Auckland housing. Today you can read someone who actually knows what they’re talking about on the issue, check out Professor Geddis’ piece at Pundit.

Auckland land shambles

Written By: - Date published: 9:30 am, June 3rd, 2015 - 89 comments

state housing

The problems for National’s housing plans for keep coming, with Ngati Whatua pointing out that it has first call on the land to be “freed up” under treaty agreements.

English welcomes Reserve Bank doing his job for him

Written By: - Date published: 9:03 am, May 14th, 2015 - 54 comments

head in the sand

Why is it left to the Reserve Bank to try and tackle the property bubble? It’s true – this government is recklessly complacent.

International interest in Auckland property market

Written By: - Date published: 7:03 am, April 22nd, 2015 - 46 comments

money-house

If the latest ad running in Malaysia and Singapore is anything to go by we can expect more fuel to the Auckland property price flames. “How would you like people in New Zealand, to give you around half their weekly wages?”…

Housing and capital gains tax

Written By: - Date published: 10:02 am, April 18th, 2015 - 89 comments

Key-bubble

This week the Reserve Bank recommended adopting the Labour / Green capital gains tax, the National party denied and dithered, and Don Brash explained the truth about the property bubble.

(Image credit Foxy.)

Happy birthday Auckland

Written By: - Date published: 7:02 am, January 26th, 2015 - 11 comments

Auckland

Happy Birthday Auckland. Body in The Herald comments on “A splendid anniversary”

Skypath

Written By: - Date published: 12:02 pm, January 17th, 2015 - 6 comments

generation-zero

Generation Zero encourages you to make a submission on the Skypath. All those in favour – say so!

SkyCity a nightmare for the Nats

Written By: - Date published: 11:15 am, January 12th, 2015 - 76 comments

Sky city

Far from fading away into the Christmas haze, SkyCity looks likely to be one of the defining political issues for 2015.

SkyCity’s expected subvention explained for John Roughan

Written By: - Date published: 9:28 am, December 27th, 2014 - 42 comments

elephant in the room

At last, some of our conservative short-term thinkers have woken up to the elephant in the room with the SkyCity convention centre subvention. Years late and their previous support has cost taxpayers dearly already. Perhaps they could learn to read reports? And think before committing us to be suckers?

Oh dear – National’s “white elephant” is still growing?

Written By: - Date published: 4:56 pm, November 23rd, 2014 - 44 comments

krusty burning money

Public transport traffic in Auckland keeps growing by large 7.7% per year. Car traffic despite all of the motorway and roading improvements grew by just 2.3% in the whole period of 2006 and 2013 amongst commuters. But our current idiotic National transport minister wants  more roads? And won’t let Aucklanders decide what they should do despite them voting with their AT Hop cards.

Auckland power outages

Written By: - Date published: 1:46 pm, October 6th, 2014 - 22 comments

power_outage_medium

Well the power just went out at work at 1315. Looks like the Auckland is getting the rolling outages as they repair the Penrose systems. The main TS server in Grey Lynn appears to be unaffected at present, as does the subsidiary one that doesn’t have a UPS. I may (like many others) will be […]

Petition for congestion free network

Written By: - Date published: 10:35 am, July 25th, 2013 - 17 comments

generation-zero-thumb

Generation Zero are running petition targeting the Auckland transport system. You can sign it here.

John Key re-announces Len’s plan

Written By: - Date published: 3:57 pm, June 28th, 2013 - 42 comments

city rail link

So John Key has today re-announced the Auckland plan, albeit delayed. So the Central Rail Link is on.  There’ll be a 2nd Harbour crossing that’s tunnels. Combine it with Christchurch and Key’s spent about $10 billion this week.  Bill English will be having a heart attack… but then, it’s all spending in the distant future […]

Last day to submit on Auckland plan

Written By: - Date published: 7:31 am, May 31st, 2013 - 13 comments

auckland

Today – by 5pm – is the last day to submit on the draft of Auckland’s Unitary Plan. Generation Zero have made it easy for you with a quick submission form.

Nats sign up for KiwiBuild?

Written By: - Date published: 6:16 pm, May 10th, 2013 - 26 comments

KiwiBuild-1

KiwiBuild has already been a success, scaring the Nats in to producing, in conjunction with Len Brown’s Auckland, a more significant housing policy. The “Unitary Plan” is woefully short on detail, but it concedes that KiwiBuild’s target of 10,000 new homes a year is easily achievable (I guess it’s only impossible when Labour propose it).

Shitcast

Written By: - Date published: 6:48 am, December 11th, 2012 - 10 comments

pollution-sea

Auckland City Council is developing a computational model of the predicted sewage-related pollution at its beaches. A forecast for sewage, a Shitcast if you will. I’m not protesting the idea of forecasting pollution. I’m protesting the sad fact that it is necessary in “100% Pure” NZ. I think John Key needs to find himself some different advisors to tell him it isn’t so.

The Auckland property market

Written By: - Date published: 7:29 am, November 26th, 2012 - 194 comments

KiwiBuild-1

The Auckland property market is back through the roof again, as well covered in The Herald this weekend. Labour’s solution is to build more houses. National’s “solution” is to complain about Labour’s solution.

Cost of the Ports of Auckland fiasco

Written By: - Date published: 11:03 am, March 29th, 2012 - 6 comments

burning pile of money

Apparently the Auckland Council doesn’t know how much the POAL fiasco is costing. Rough estimates suggest that the cost is at least $400,000 a day, probably significantly more.  No wonder the Council doesn’t want to know.

Dumbarse ports management and owners

Written By: - Date published: 11:24 am, March 7th, 2012 - 277 comments

ports picket

Today Ports of Auckland  sacked 292 employees in the pursuit of the unobtainable by the idiotic. The Ports of Auckland from the start intended to provide a conflict with the intent of sacking all the workers and rehiring them on worse conditions, saving $6m (20%) in wages a year. The amount of money saved was a pittance compared to the underlying problems the port needs to fix.

Auckland’s election result was not so bad

Written By: - Date published: 2:55 pm, December 14th, 2011 - 50 comments

mickysavage

micky savage writes about Labour’s results in Auckland. There were some stunning results, particularly in South Auckland where Labour’s share of the vote increased by 10.2% in Mangere, 7.3% in Manukau East and 5.2% in Manurewa.  And in Phil Goff’s Mount Roskill it increased by 1%.  These were very good results in an election where the tide was going out.

McCully needs to front up

Written By: - Date published: 10:24 am, September 11th, 2011 - 92 comments

auckland-rail-crowd

McCully  is Minister for the RWC.  He claimed the government had done “their best” and assured Auckland that the transport systems were ready to go.  He was wrong in every respect. In the aftermath of the fiasco McCully now needs to front up and get three things right…

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