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notices and features - Date published:
6:00 pm, April 22nd, 2016 - 9 comments
Categories: Daily review -
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The current rise of populism challenges the way we think about people’s relationship to the economy.We seem to be entering an era of populism, in which leadership in a democracy is based on preferences of the population which do not seem entirely rational nor serving their longer interests. ...
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Who’s the gentleman in the photo ?
Gerard van Bohemen (or something like that) NZ’s representative at the UN.
the market will fix it,
the housing crisis in the heartland
http://www.stuff.co.nz/southland-times/business/79117488/greedy-queenstown-landlord-to-build-bedrooms-in-lounge-of-twobedroom-flat.html
well, i guess they can just leave queenstown if they can’t afford it?
Wow, that’s pretty bad. $1,000/wk income on a cold, damp house, with 6 bedrooms that can take a single bed and a chest of drawers and bugger all living room space. And no rent break for the existing tennants when converting the living room into bedrooms. Reminds me of Dunedin student flats, although I don’t think they ever get that kind of price.
Unfortunately this sort of thing is quite common in Queenstown, and has been for as long as I’ve known the place. It’s a terrible place to be a tenant because there’s nearly always someone who will pay more for your place. Goes the other way for your job.
But they (tenants and employees) are all volunteers, they have moved here for the “lifestyle” and will do anything to stay here. Most don’t stay very long, and it’s not just at the level shown here, goes well up the social / economic chain as well.
Someone told me that the town turns over half it’s population every two years.
i don’t think that they volunteer to have two more people in their flat but whatever.
i am more interested in the legalities of overcrowding
and how big is a room before it is not a room anymore.
http://www.theguardian.com/world/2016/apr/21/greek-talks-with-lenders-fraught-as-fears-grow-of-default
unresolved and continuing like the GFC….
It seems that no matter what Tspiras and his government does, it will not be enough for Greece’s creditors and the EU.
It won’t. Greece’s only option remains the same – drop from the Euro and default on all debt.