Most agree the CEO of Barfoot & Thompson has been living in a fallout shelter. And to Artemisia: if you don't mind me asking, how many properties do you own?
Herald readers said Thompson was out of touch, had ignored high student loans, the hardship of saving $100,000 on a low wage, being out-paced by house price rises, complained about foreign buyers pushing up prices and too many landlords.
Eaqub said there was no quick fix to the over-valued housing market.
"Whether house prices spiral up or down, the impacts of the necessary policy solutions will not be seen immediately.
"No one single change will be enough," he said.
Shamubeel Eaqub says housing will become more affordable when there is:
• Rental policy reform to make being a tenant a viable alternative to ownership.
• Easing of planning and other rules which restrain land and house supply.
• Better funding options to efficiently supply infrastructure for new land.
In any case, a modest non-resident stamp duty would be a partial solution - non-residents would not be banned outright from buying houses, they'll just have to pay for the privilege of doing so.
That might not be enough to completely solve overcrowding in those areas, but it would probably make a big dent in it. So why aren’t these overcrowded folk conditions moving in to these places?
Could it be because the rent for those places is out of their financial reach?
Hooton. Really? Why does this man continue to get a platform as though he were a legit commentator? Was the Mouth of Sauron unavailable?
There's an art knowing when to give the guilty parties enough rope to tie themselves up.
I seriously think that other "mega cities" need to be created in other parts of the country. Even on the south of the Bombays would be useful.
NZ might be able to handle maybe 3 of these "mega-cities" - Auckland, Wellington, and Christchurch. It'd be even more feasible if the aerospace industry can develop planes that can carry ATR/B737/A320 passenger volumes over B747/A380 distances.
I sometimes wonder if these misogynist dinosaurs only speak out in defence of women, if it happens to involve stoning rituals in the Middle East?
The NZ housing issue is discussed at Macrobusiness today. The whole issue of political will is summarized in the Youtube video. Yes, it's a little amateurish but some of the most important themes related to land supply are covered.
It also happens to be an Andrew Atkin piece - I dug some dirt on him not too long ago. While he's rightly concerned about housing affordability, he concerned for all the wrong reasons.
I'd be up for it, if I was old enough.
36 years old. I was 15.
That would have been the hot-rod era, if I'm not much mistaken?
Only a Vogon would destroy that.
This article also brings to mind another H2G2 gem:
"There’s no point in acting surprised about it. All the planning charts and demolition orders have been on display at your local planning department in Alpha Centauri for 50 of your Earth years, so you’ve had plenty of time to lodge any formal complaint and it’s far too late to start making a fuss about it now. … What do you mean you’ve never been to Alpha Centauri? Oh, for heaven’s sake, mankind, it’s only four light years away, you know. I’m sorry, but if you can’t be bothered to take an interest in local affairs, that’s your own lookout. Energize the demolition beams."