Quote Originally Posted by peetter View Post
The residential property investing is not just NZ thing, it's normal around the globe and most countries don't blame their government fails on property investors.


And the only inequality in NZ is inequality of effort and entitlement. There are tens of thousands of immigrants from second and third world coming here creating wealth for their families starting from nothing. Then there are locals who can't be bothered to lift a finger. Just go and ask average farmer. I talked to some I worked for and they all say the same. Honest day of work is not good enough for locals.

And on top you have a government working on creating as many of people dependend on them as possible to boost their voter base.
There is massive inequality of opportunity - we don't even have an inheritance tax. How can a society be equal when people can get a free ride from their parents work, on top of all the other advantages to coming from a rich family?