National don’t know and don’t want to know about foreign ownership of housing

Following up on yesterday’s post, there have been a couple of interesting bits in the media regarding National’s head-in-the-sand attitude to the housing crisis.

Criticism has come from their base in the form of a surprisingly critical interview that housing minister Nick Smith endured on the Paul Henry Show (about 14 min in, thanks ianmac).

The other is yesterday’s editorial in nzherald which was also critical of Nick Smith’s approach.

The common factor in both criticisms was that the government could find out the degree of foreign ownership of housing but they are simply choosing not to.

Given Orivida et al, it isn’t surprising that once again, National’s natural instinct is to protect the interests of foreign money.

Clearly not all of National’s base are pleased that their party is happy with foreign money buying up the country.

Yesterday I compared Key to Muldoon, which wasn’t really fair. At least Muldoon was trying to do the best for the citizens of New Zealand, misguided as his actions were. In contrast, Key appears only to have loyalty to big money.

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