Written By: - Date published: 7:04 am, August 23rd, 2017 - 146 comments
Jacinda Ardern will not campaign on a capital gains tax, but will seek advice and will not rule it out in a first term. The Nats have introduced a week form of CGT already. A more robust version needs serious consideration.
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: 10:25 am, May 11th, 2017 - 19 comments
But only in Nick Smith’s head. See the finally released government Housing Affordability Measure (HAM).
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: 12:47 pm, December 13th, 2016 - 29 comments
Could be that the Auckland property market is turning downwards.
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: 11:31 am, November 29th, 2016 - 9 comments
Andrew Little was on RNZ this morning talking housing affordability. “The amount people are having to borrow for their first home has increased 43 percent in the last two years.”
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: 10:12 am, July 28th, 2016 - 63 comments
What are the Nats doing removing a proposed requirement for affordable housing – exactly the housing that Auckland desperately needs!?
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: 7:27 am, June 24th, 2015 - 81 comments
… then prepare for it to get a lot worse.
Written By: - Date published: 10:14 am, May 25th, 2015 - 21 comments
A marked drop in mortgagee sales recently. Good news?
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: 2:06 pm, October 14th, 2014 - 23 comments
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: 8:32 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: 9:42 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: 10:04 am, January 16th, 2013 - 41 comments
With a 10% increase in the median house price last year, we’re firmly back on a damaging house price binge. Labour has policies that address the issue. Where is National?
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?