Posts by Kumara Republic
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Speaker: Identification strategy: Now…, in reply to BenWilson,
I’ve become less and less convinced that this is a bubble. If the driver is massive foreign capital, particularly from China, then that is not necessarily bubbly. It could be an ongoing reflection of the changing nature of where the money in the world actually is being made.
If it's not a bubble, then it's a cartel. The kind that not even the Commerce Commission can fix.
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Hard News: Friday Music: Silver and Gold, in reply to Reg Bloor,
1981 was a full bodied year for everything New Zealand, it had all from politics to music.
Hell yes. 1981 in NZ was a bit like 1968 in America or France politically.
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Polity: House-buying patterns in Auckland, in reply to Sacha,
because Joyce and English both knew the downturn was coming
And if Tiwai Point shuts down, Tim Shadbolt will naturally blame the Govt in power, making things more interesting still. In any case we’ll probably have cheaper electricity, and powerco investors will take a bath, making a mockery of the Mixed Ownership Model.
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Polity: House-buying patterns in Auckland, in reply to David Hood,
With the houses thing only being with one day of the polling period, it can’ that’ve had much effect.
Twyford’s political MOAB will either go horribly wrong and cause considerable team-kill casualties, or it’ll go horribly right and a lot of shady characters will propel Labour to victory in 2017.
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If it hasn't already been posted...
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Polity: House-buying patterns in Auckland, in reply to Stephen Judd,
One of the things that shits me about housing debate in NZ is its laser focus on owning when we could improve people’s lives so much with better security of tenure and minimum standards for housing. Bleargh.
Unfortunately, such meaningful reform is up against a property-owning class that’s more powerful than the House of Lords. Call them if you will the House of Lords of Houses.
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Speaker: Identification strategy: Now…, in reply to Katharine Moody,
but am I am on ‘your side’ in terms of the injustice of this free flow of foreign direct capital investment in our residential RE market.
I'd say most of us agree that ugly nativism is a symptom of globalisation benefiting only those at the very top. But at the very least, political leaders like Twyford need to know the difference between a laser-guided smart bomb and a MOAB.
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Polity: House-buying patterns in Auckland, in reply to Sacha,
Could be worse – check the utterly deranged Colonel Trotter’s latest reckons.
Col Trotter's trying to play the Waitakere Man "PC gone mad" card again. He goes to show the neo-cons don't have a monopoly on playing it.
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Speaker: Identification strategy: Now…, in reply to Mike Steinberg,
There are many local speculators who are just as guilty if not more so, but the House of Lords in Britain have nothing on NZ’s self-appointed Lords of Houses, including anti-RMA types like Denise Krum who’ll use the RMA when it suits them. So Chinese financiers are a much easier target.
What I do agree with is that fiscal nativism is a symptom of the gains of fiscal globalisation not ‘trickling down’ as promised by its loudest cheerleaders. Amy Chua’s “World on Fire” chronicles the more extreme examples overseas.
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Polity: House-buying patterns in Auckland, in reply to Stephen Judd,
Doubt National have been too happy with Hooton bagging Key and senior ministers lately either.
Is Matthew Hooton NZ's answer to Boris Johnson in some ways, with the exception of the mayoral chains?