WMBAD: The Auckland Housing Bubble

Written By: - Date published: 11:48 am, July 24th, 2015 - 14 comments
Categories: humour, video - Tags: , , ,

14 comments on “WMBAD: The Auckland Housing Bubble”

  1. shorts 1

    best political commentator in the country

  2. Stuart Munro 2

    The numbers argument against Twyford as stated here is specious – if 125000 people of one ethnicity were buying four times as much property per capita as all others that is still anomalous. There’s a reasonably large effect size, exploring what and why is perfectly proper.

    • shorts 2.1

      just as specious as Twyford’s, the crucial difference being one is a political and one is a comedian

  3. Bob 3

    I hope TRP watches this, if so, do you still think “More than 4000 sales in a 3 month period, scientifically analysed. You may not like the results, Bob, but the maths stands up” http://thestandard.org.nz/parnell-ponzi-when-are-national-going-to-act-on-housing/#comment-1044382, or do you now realise that it was all just a racist dog-whistle based on anecdotal evidence?

    • Watched it, liked it, and the maths still stands up, Bob.

    • lprent 3.2

      *sigh* Bob gets confused by satire into considering it to be maths.

      • Must have thought it was some kind of tutorial. C-

        • crashcart 3.2.1.1

          Funny as it was do you agree that the issue isn’t just Chinese money coming in but all speculative property investment?

          I mean I know it is a much harder political pill to swallow that all property should be properly taxed but really wouldn’t it be more honest and address the issue far better?

  4. Atiawa 4

    Chinese already buy almost a quarter of new homes in Sydney and their outlay will more than double to $60 billion in the six years to 2020, according to Credit Suisse Group.

    Read more.

    http://www.smh.com.au/business/the-economy/chinese-demand-for-a-home-in-australia-as-strong-as-ever-20150624-ghx2tq

    Why would it be any different in Auckland?

  5. adam 5

    Now that was funny.

    No wonder the right wing in this country are so bitter – it’s so damn easy to laugh at them.

  6. Nigel Gregory 6

    This satire is probably a better analysis than we get from MSM most days. Its so bad it is funny.
    Housing bubble? What housing bubble? Seen the keys to the Merc….

  7. Tricledrown 7

    So how far away from doomsday when the bubble bursts a sweepstake anyone.
    For people to make money they have sell before the bubble bursts.
    Then all hell will break loose .

  8. Smilin 8

    Latest Key movie to go with his Rockstar economy
    Yes its that old favorite updated
    You guessed it “Death and Taxes/ Bubble Bubble toil and trouble”
    The masses die and the rich pay less tax than ever before so that the 1% ers dont have to put up with more people claiming a seat on the good ship “Safety Im Rich” as the world’s self destructing
    This was John’s real deal with Warners the fore runner to the TPPA

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