Posts by Katharine Moody
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Polity: A week on from the housing controversy, in reply to
I read through that Katharine but I couldn’t find exactly what Tony Alexander means by “foreign buyer ban”. Do you have any idea what he’s suggesting?
The sense I got was no direct foreign investment/ownership in our residential housing stock (bar perhaps Australian citizens?). But not clear - and I think before he has supported a policy like Australia's 'new build' direct investment only one. His links take you through to other of his newsletters - might be more of an idea in there.
He's not the only of the chief bank economists who do such PR - which (I agree with your comment) is an interesting new trend in social media. These newsletters are I'm certain signed off at executive level - and so one can only assume that they (to some degree) talk up/reflect the bank's book, so to speak. I've always thought much of the purchases from offshore source funds/leverage offshore - and that may have big implications for the AUS banks. And of course bubble prices are never good for banks (in the long run) - lots of highly leveraged borrowing locally as well.
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OnPoint: Don't put words in our mouths, Rob, in reply to
While NZ progressives have been eating each other over accusations of racism I can’t help thinking some eyes should have been on the main ball earlier
Point is - the Labour Party was on to it earlier - see this article (24 May 2015) - from before the B&T stats exercise;
Point is - it (the issue) didn't get any oxygen then!!!! Now it has.
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Not sure whether posted elsewhere, but here is BNZ's Tony Alexander's 23 July newsletter on Why A Foreign Buyer Ban?
http://www.interest.co.nz/sites/default/files/embedded_images/Sporadic-15-July-23-2015.pdf
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Polity: A week on from the housing controversy, in reply to
PS Ian, I should have put a smiley on that - as I was smiling when I asked it, due to the fact that it is very much like so many QT responses in Parliament these days :-).
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Polity: A week on from the housing controversy, in reply to
Was that a yes or a no?
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Polity: A week on from the housing controversy, in reply to
when it’s the blue-rinsers
Just curious - do you see "blue-rinsers" to be a derogatory term?
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OnPoint: Don't put words in our mouths, Rob, in reply to
I don’t think it’ll have an impact on the proletariat for quite some time, they’re struggling to buy homes as is. It will afford the middle class more opportunity,
The middle class is the proletariat of today :-).
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OnPoint: Don't put words in our mouths, Rob, in reply to
lol – the whole article reminds me of somewhere. Substitute VAN for AKL and CAN for NZL.
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OnPoint: Don't put words in our mouths, Rob, in reply to
Chinese offshore investment deregulation
Think of that as the opportunity for the Chinese proletariat - the poor masses - opening up. The vast majority of the big money of the corrupt ruling elite has already fled.
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Gee - this is relevant to both/all of the issues canvassed in this discussion;