OK, I have thought this through at great length (the length of my shower just now), and here's my proposal.
1. Ban foreign ownership of residential property
2. Ban company ownership of residential property (so no more shell companies or LAQCs or any other entity other than a human or humans owning a property)
3. As per some other country (Korea?) that someone else on here mentioned, increasing LVR restrictions depending on the number of properties owned or part-owned. So 10% for one property, 35% for two, 66% for three, 100% (i.e. no loan) for four or more.
4. Broad changes to tenancy rights and protections (a different, but connected issue).
By the way, if central government won't act, there are things councils could do round the edges
- Councils could also charge a land tax, since that's more or less what rates are already.
- to address the unknown-anecdotal-sized problem of houses sitting empty, Councils could increase rates massively, but simultaneously provide massive discounts (ie. back to current cost) for property owners who can show that the property is occupied.
Yes of course. But just because other things also decrease the availability of housing available to locals doesn’t mean that AirBnB isn’t a problem.
City/regional planners, in considering zoning, or applications to construct hotels/backpackers/supermarkets/sports arenas, consider the allocation of land to different purposes. Those purposes include farming, industrial and commercial manufacture, retail, sports facilities, housing tourists/short-term visitors, and housing residents in different intensities of housing.
When people rent their properties and spare rooms using AirBnB rather than renting or selling to longer-term residents, they change the ratio between housing available to short-term visitors, and housing available to long-term residents. But they don’t have to apply to the council to do so. So the planner’s ability to maintain the necessary balance in land allocation is compromised, and it is the long-term residents who suffer for it.
In the long-term, it may balance out. Hotels who lose custom to AirBnB may close and be converted to resident housing. But that’s not much comfort in the short term to the residents who can no longer find anywhere to rent because property owners have realised they can make the same profit by letting to short-term visitors instead.
I heard that too, and snorted.
I have no idea whether the ratio of mortgage payments to incomes is higher now than it was when National got in, but even if it is (which I doubt), that's hardly the only indicator of affordability.
- The deposit required, as a percentage of income, must certainly be higher.
- Even though the interest rates are lower now than they were then, people can't make borrowing decisions based solely on what interest rates are right now, when mortgage rates can change. We need to have a buffer so that we're confident we can afford to pay the mortgage if interest rates increase.
Nick Smith was correct when he said that some option wasn't "a silver bullet". There is no silver bullet. We need a whole range of measures, that collectively add up to action on housing affordability.
Banning overseas ownership would be a good start. Yes of course there will be workarounds, and we'll need to identify those and move to close those down too. It may be hard, but other countries manage to do it.
And if kids don't use Facebook any more, please let me know what they are using :-)
As far as I can tell (I have a fifteen year-old), instagram and tumblr, and they chat on Skype and google chats. All at the same time. There's a bit of facebook, but mostly it's considered "old people". I am forbidden from tagging the teenager on facebook.
I did ask the teenager a couple of years ago about voting rights, for much the same reason as you: where possible I like to see campaigns led by those affected by the outcome. I got a look. You know, one of those looks that teens and preteens give their parents when their parents are being dull and transparent about trying to interest the youth in something that is interesting to the parent but of pretty much zero interest to the youth.
Mind you, that was a couple of years ago. I could try asking again.
my own mean instincts
They're not mean. They're definitely well above average.
I have a perfectly good memory of what being raised by hippies was like, and they’re every bit as capable of lying, raping, assaulting, abusing power and so on as any other demographic. To think it’s otherwise is having rose-tinted spectacles about the past.
Amen, brother. Plenty of alpha males amongst them too.
I’m guessing an older person read the original incident, rightly or wrongly, about being about elder abuse. You might disagree, you might be right, but I don’t think it was malign or derailing. People come here from a range of places and we try and respect them all.
That's all well and good Russell, but...
I've read in other threads on this sort of topic, women saying they felt uncomfortable commenting. I've never felt it myself before now. We've had an observation a few pages back that this had started to turn into a bunch of men talking to each other, some of them ignoring the voices of women in the thread. When I looked, it looked to me like there were still women talking, and there were again afterwards. But this morning I have my own brief taste of not wanting to comment further. Which I will resist.
A "whatabout..." post doesn't have to be malign, or even derailing, it just has to be there.
Older age is one of the many excuses made for lack of awareness in men. At some point/age that excuse expires.
I don't think any woman reading this thread would think it was about elder abuse rather than women abuse.
Let’s address the male abuse of women issue but let’s not pretend it is just young men being the problem here.
Well, I guess it’s something that it took until page six before we got to the “hey, women abuse men too” post.
I typed a long and sarcastic comment here, but deleted it, because what's the point.
I've wondered too about the band stopping playing until the problem is addressed, mostly because I assume that given they're generally playing on a stage, they might be able to see stuff happening that's not visible to the people in the audience except to those right next to it. But of course they won't see everything either.
I found the other one (Insull, not Insel) in about a minute on Facebook. He's clearly not the least ashamed of his actions, and nor are his friends.