Come on DYOR and you will see a few labour policies put into place to do what bull said.
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Dear bull...your comment about J destroying the housing mkt.Frankly are you mad !.
A huge amount of the nations capital is associated with residential housing.
I believe NZ inc relies on milk powder...tourists....and property prices.
Mate are you familiar with a chap called Bernhard Hickey ?
He wrote a very interesting about this last year.
cheers.
House prices were and are grossly overvalued. It was the number one issue for New Zealanders not that long ago. Labour has got many things wrong, but falling house prices is not one of them.
she destroyed the housing market for ordinary people in NZ.
many nz people used housing as a get ahead vehicle and to save for retirement
even recent law allowing big business to be able to claim int deduction on rentals but not ord folk eg kpg is another example of j destroying peoples lives and hopes to get ahead and sending a market into the hands of big business only
hipkins recent comments about helping people get ahead again should include int deduction again as this has always been traditional way in nz to get ahead ... time will tell if he is full of sh.t
The housing stock has increased recently at the fastest rate in a long, long time.
Not having policies aimed at bringing the cost of housing down isn't the same as helping house prices increase, nor actually stop them from continuing their decrease for a while yet.
dear bull.
We are on different planets here.You say "ordinary people'...are you serious ....are you taking the pee.
Do you honestly believe that having a staggeringly world beating country of house price appreciation is something to celebrate ????!!!!!
Do you believe a sustainable economy should be reliant on house price increases !
This will be my last post on this thread.
If no policies many problems seen ? or not ? ;)
Have policies .. looks like more problems ;)
Or solve problem make them up on the fly or better still shoot from the hip ? ;)
If it all turns bad or get caught out, why not try to flush it down the twyford ?
then try to deny the whole episode even occurred .. or there were ever any issues
imagine the Property market linked to the sector is a fly on the wall
but wait there are more coming in through the window. Got one, walk away
problem solved. But wait there are many more, so issue not fixed.
Time to get flame thrower out. Problem thought to be fixed.
Wall burned out but still more flies. Give up .. can't have got the right ones :)