ACT's David Seymour - i like his style.

[fungus pudding]

Let the market sort it out? Thats a joke. Too much money to be made building landscaped complete houses for those who can afford high mortages(or not).
Basic houses financed by State Advance loans for first home buyers which developers catered for disappeared with the 1987 policy changes introduced by Prebble ,Shipley and their followers.
Resuting in todays problems for which Labour is reluctant to introduce any real solutions.

westerly

Landscaped complete properties for those who can afford them add to stock and leave older cheaper homes for first home buyers. That's an important part of 'the market sorting it out'. If the market can't - the govt. won't be able to either.

[Blue Skies]

Landscaped complete properties for those who can afford them add to stock and leave older cheaper homes for first home buyers. That's an important part of 'the market sorting it out'. If the market can't - the govt. won't be able to either.

That would be great if it was true, but older homes are not cheaper homes.
Older homes are mostly on larger sections where developers wanting larger sections to build several dwellings, compete with home buyers.
Newer homes or developments are often on smaller sections & land is the major cost component.

Land banking by speculators & also zoning tightly control & restrict the amount of available land, driving up prices of available land & older houses on larger sections.
The Free Market will not sort out Land Banking or free up Urban Boundaries.
That will need govt intervention.

[fungus pudding]

That would be great if it was true, but older homes are not cheaper homes.
Older homes are mostly on larger sections where developers wanting larger sections to build several dwellings, compete with home buyers.
Newer homes or developments are often on smaller sections & land is the major cost component.

Land banking by speculators & also zoning tightly control & restrict the amount of available land, driving up prices of available land & older houses on larger sections.
The Free Market will not sort out Land Banking or free up Urban Boundaries.
That will need govt in an

tervention.

The point I was making is that each new built home has a 'hand me down' effect.

[nztx]

That would be great if it was true, but older homes are not cheaper homes.
Older homes are mostly on larger sections where developers wanting larger sections to build several dwellings, compete with home buyers.
Newer homes or developments are often on smaller sections & land is the major cost component.

Land banking by speculators & also zoning tightly control & restrict the amount of available land, driving up prices of available land & older houses on larger sections.
The Free Market will not sort out Land Banking or free up Urban Boundaries.
That will need govt intervention.

Speculators know that Govt intervention & Bureaucracy usually means a payday
especially with a Labour Govt prepared to empty bucketfuls at any issue ..

Has the current Govt not woken up to that ? Just ease up the factors on the pressure
points without crucifying innocent parties & end users / occupiers ,, not difficult is it
without all their weird & wonderful Socialist dreaming that only results in supply,
demand & pricing bubbles .. Council bureaucracy, levies, red tape, hold ups
etc are yet another can of smothering r worms, with nothing much happening fast IMO

To a degree Govt have created the issue, postured and dug the hole deeper by far with
their off target shooting from the hip. It can be very easily fixed with the right mindsets
and that is apparently not what currently resides in Govt benches

[Panda-NZ-]

Speculators know that Govt intervention & Bureaucracy usually means a payday
especially with a Labour Govt prepared to empty bucketfuls at any issue ..

How about a max of 2 rental properties per person.

[nztx]

How about a max of 2 rental properties per person.

Why put more unworkable limits in ? The suggestion is as bad as punishing innocent
RP owners for value increases & denied interest deductions - both largely not their doing

Limitations on sales again inhibits new property owners coming in, by putting constraints
on the outgoing owners. Yet another poorly thought through mistargeted idiot policy IMO

If you want to increase RP Housing stock - you do not punish a fair element of the Supply
market as the twits in Wellington have done repeatedly .. Everyone is paying for short
term temporary housing big time via taxes for these crazy Govt antics

New home owners are lucky if they can secure borrowing, if they can make deposit levels
then exposed to vagarities of pricing in the market & increased interest cost going forward
assuming they can make all the rungs of the ladder. It shouldn't be this way

When will Govt's wake up to not meddling in markets or trying to control free markets
which have previously operated quite well in past (look back only to Clark & Cullen's era
- not a problem or a shade of what Ardern / Robbo have orchestrated now ) ?

[westerly]

Speculators know that Govt intervention & Bureaucracy usually means a payday
especially with a Labour Govt prepared to empty bucketfuls at any issue ..

Has the current Govt not woken up to that ? Just ease up the factors on the pressure
points without crucifying innocent parties & end users / occupiers ,, not difficult is it
without all their weird & wonderful Socialist dreaming that only results in supply,
demand & pricing bubbles .. Council bureaucracy, levies, red tape, hold ups
etc are yet another can of smothering r worms, with nothing much happening fast IMO

To a degree Govt have created the issue, postured and dug the hole deeper by far with
their off target shooting from the hip. It can be very easily fixed with the right mindsets
and that is apparently not what currently resides in Govt benches

A long list of complaints but no solutions offered on how to supply affordable housing.

westerly

[Balance]

A long list of complaints but no solutions offered on how to supply affordable housing.

westerly

Simple - copy Singapore’s HDB model.

Kick out all of the current Kainga Ora executives and get rid of Ardern & her equally useless and clueless ministers.

[nztx]

A long list of complaints but no solutions offered on how to supply affordable housing.

westerly

What were they thinking putting such stupid stupid measures in place in first place ?

[Balance]

What were they thinking putting such stupid stupid measures in place in first place ?

Stupid people do stupid things.

Dumb as dumb does.

That is the modus operandi of the Ardern government.