Written By: - Date published: 9:19 am, June 19th, 2017 - 39 comments
RNZ: The Ministry for Business, Innovation and Employment ignored advice from the Reserve Bank over its new housing affordability measure, and made houses appear to be more affordable than they actually were.
Written By: - Date published: 7:02 am, April 22nd, 2017 - 83 comments
Bill English would have you believe that there is no housing crisis. He desperately needs you to believe it until after the next election. Is Nick Smith deliberately suppressing housing data?
Written By: - Date published: 7:57 am, December 1st, 2016 - 14 comments
Warnings from the government and the Reserve Bank that first home buyers are taking on too much debt. Prices are too high, wages are too low, interest rates are rising. These warnings are effectively telling the average first home buyer to give up.
Written By: - Date published: 7:02 am, August 29th, 2016 - 29 comments
As the average Auckland house price hits $1 Million, the Special Housing Areas fail, and Real Estate agents openly promote land banking, what does National do? Why, they give up, of course.
Written By: - Date published: 10:30 am, April 29th, 2016 - 71 comments
“Nick Smith reckons Akld housing’s more affordable now than before National came to power”
Written By: - Date published: 7:14 am, July 17th, 2015 - 58 comments
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.
Written By: - Date published: 10:00 am, July 16th, 2015 - 375 comments
We don’t know who the real estate whistleblower is, but we do know they have done New Zealand a significant service. Courage takes many forms, but risking your career to alert your country to a hidden crisis should be recognised for the bravery it is. Thank you, you’ve done us proud.
Written By: - Date published: 9:22 am, July 15th, 2015 - 176 comments
National need to act now to end the housing crisis. The market has failed and doing nothing is going to blight the future of Kiwis. The answer is easy. End speculation, build houses. But do National have the guts to do the right thing?
Written By: - Date published: 12:00 pm, July 13th, 2015 - 324 comments
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.
Written By: - Date published: 12:43 pm, July 12th, 2015 - 199 comments
Good on Labour for saying what needed to be said. Can they, the Greens and NZ First save the next generation of Kiwis from being tenants in our own land?
Includes Bonus Seinfeld reference!
Written By: - Date published: 7:27 am, June 24th, 2015 - 81 comments
… then prepare for it to get a lot worse.
Written By: - Date published: 7:03 am, June 15th, 2015 - 69 comments
Even under the best assumptions National’s “affordable” houses in Auckland are not actually affordable for the average paid worker. Nick Smith is dreaming.
Written By: - Date published: 7:10 am, May 19th, 2015 - 24 comments
National’s policy opens the door to more effective capital gains tax, thus irritating investors and their base, while probably not achieving anything in practice. The worst of both worlds. Bonus question – does this policy effectively underwrite losses when the property bubble bursts? Plus another bonus John Key lie!
Written By: - Date published: 7:07 am, August 13th, 2013 - 31 comments
Labour and The Greens are clearly setting the agenda with a strong focus on housing affordability. National are struggling to catch up. But their new policy has been met with a chorus of criticism. They are going to have to do a lot better than this.
Written By: - Date published: 4:25 pm, August 12th, 2013 - 18 comments
Written By: - Date published: 8:17 am, July 31st, 2013 - 133 comments
Labour will be pleased at the reaction to its Latest housing policy, from Vernon Small, John Armstrong and (knock me down with a feather) Colin Espiner. Opinion polling is also in favour.
Written By: - Date published: 8:32 pm, July 30th, 2013 - 142 comments
I know many of the liberal left don’t like or can’t accept the thought that banning non-residents from speculating on residential property in NZ is in any way xenophobic. Thankfully, from my perspective at least, the liberal left doesn’t speak for the whole of the left. Thing is, this banning of foreign investment is similar […]
Written By: - Date published: 9:27 am, July 28th, 2013 - 702 comments
David Shearer on Q+A just set out new policy on housing, proposing restrictions on overseas buyers. It’s another big policy move from Labour…
Written By: - Date published: 9:42 am, July 17th, 2013 - 47 comments
Houses are seriously unaffordable, especially for first-time buyers. Labour’s policy settings will help first-time buyers, the Reserve Bank under the current government is proposing tougher requirements that will make matters worse for them. Parties of the Left need to take this issue and run hard!
Written By: - Date published: 1:27 pm, June 21st, 2013 - 27 comments
Mana’s housing policy is ambitious, and leaves National’s inaction looking increasingly isolated and out of touch. But there are too many gaps in this policy as currently stated. Needs work.
Written By: - Date published: 1:36 pm, February 7th, 2011 - 33 comments
Owning your own home was the foundation of the “Kiwi dream”. Now it seems that we’ve let that dream slip further out of reach than almost anywhere in the world. Houses in Auckland are less affordable than in New York. Demand in the rental market is far outstripping supply. What should the government be doing?