NZ 1st homebuyers are ScReWeD...

[Aaron]

Following on from yesterdays post I see an opinion piece pointing out that land restriction is the cause of all housing issues. Too much govt.

https://newsroom.co.nz/2024/02/27/nz...sing-problems/

From Dr Eric Crampton he must be smart so I guess land restriction might be part of the problem, but I have seen how developers like to cut up land flog it off quick and leave the ratepayers to fix up all the corners they cut. So lumping the costs on the developers and buyers versus spreading a lot of the costs over new and existing ratepayers.

Also see that it is from the NZ Initiative, a group that do not even understand that GST is a regressive tax.

More interesting was Matthew Hooton's opinion piece this morning. To quote.

Bishop cites a 2007 paper, which he says suggests doubling a city’s population might increase its productivity or per-capita GDP by 15 per cent.

If so, doubling Auckland’s population to 3.4 million over the 36 years to 2060 would increase Aucklanders’ average earnings by 0.4 per cent a year.

https://www.nzherald.co.nz/business/...KACSHBJX4KBIY/

So Chris Bishop and National are wanting to double our population and the policies they promote only discourage young NZers from having a family and encourage them to leave the country so that just leaves immigration from the third world. I guess it is easier and cheaper than investing in the younger generation.

This is just sad especially as Matthew points out some real life cities that appear to prove the productivity bs wrong. When did townies wrest control of this nation. It almost makes me want to return to First Past the Post.

National appears to be set to make NZ another crowded s*ithole in Asia. At least the young people leaving won't feel like coming back to raise a family like they used to.

It makes you wonder why Luxon wants to be PM.

https://www.msn.com/en-nz/news/natio...1ccb101b&ei=11

It says he is the first PM to claim this in 34 years. All legitimate Bill English sorted this.

Hooton also points out that Labour flooded NZ with immigrants just prior to the election in the hope that it would boost GDP and help their chances at re-election. All these politicians are starting to come across as self centred scum bags much like myself. I would have hoped for better from our leaders but I guess we are the ones that vote them in.