Written By: - Date published: 7:34 am, April 19th, 2016 - 57 comments
Housing is very much in the news again. Short term profit and bugger the consequences!
Written By: - Date published: 9:03 am, May 14th, 2015 - 54 comments
Why is it left to the Reserve Bank to try and tackle the property bubble? It’s true – this government is recklessly complacent.
Written By: - Date published: 10:02 am, April 18th, 2015 - 91 comments
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.)
Written By: - Date published: 7:35 am, November 14th, 2014 - 45 comments
On Monday Bill English reckoned that pressures in the property market were “easing”. Yesterday’s headline “Spring house price surge in October”…
Written By: - Date published: 10:30 am, September 16th, 2013 - 51 comments
For many years there used to be a blog site called The Thordon Bubble that was dedicated to the minutiae of the political scene as seen from a small area in Wellington. I always thought it was a perfect name for the thermocline difference of views between the hunting grounds of the politicians and parliamentary political media, and what happens inside the Labour party. The leadership vote numbers highlight the scale of the event horizon between them.
Written By: - Date published: 5:21 am, July 7th, 2009 - 15 comments
There’s a lot of empty, over-optimistic talk around at the moment about ‘green-shoots’ in the economy. Supposedly, these are little early signs of recovery which mean that soon everything will be back to normal and we can go back to getting rich selling each other houses with money we borrowed from the Japanese. Things will get […]
Written By: - Date published: 5:13 pm, March 25th, 2009 - 12 comments
First they go up, and then they come down. The Economist has an interesting table on the housing bubble. Those figures from the US just look outright scary. The result of the sub-prime mortgage and its consequent effects. There is also an interesting article in the Economist on the effect that increasing home ownership in […]