What about those neat capital gains on housing, eh?


RNZ on Jacinda Ardern December 2021, Ardern wants a “rise in housing prices” to be stopped in 2022

Ardern had previously refused to promote inflation, instead describing the government’s goal as a “sustainable development”.

Speaking to RNZ in a lengthy interview at the end of the year, Ardern said he hoped 2022 would stop “the recent rise in house prices”.

Asked directly if he wanted the prices back, Ardern said: “Yes”.

“We want [the market] to stop the direct approach, ”he said. “Even though you have seen [prices] come on, it’s often over [them] back to the level we had a year or two ago. ”

Ardern was adamant that he did not want the market to collapse.

“The reason we can’t afford to collapse the housing market is because, this is the most important thing that most New Zealanders have.

RNZ Report January 2022,

Global house prices rose by almost 30 percent last year. Figures from QV show that house prices rose 28.2 percent in 2021, while the global average hit $ 1,053,315.

Standard Arkie Yesterday,

Once again we are reminded that expectations about PM means nothing to the market, and Labor can’t do anything that can happen. good this market:

Global house prices rose by almost 30 percent last year. Figures from QV show that house prices rose 28.2 percent in 2021, while the global average hit $ 1,053,315.

Christchurch saw a very strong growth. The city’s average price rose by 40.2 percent. The average price is now $ 785,000. In January 2021 the average price was $ 560,000.

QV project manager Paul McCorry said he did not expect prices to continue rising sharply.

“It is a significant increase for one year. I have some very nice houses in Christchurch, and probably throughout the Canterbury area, I don’t think they will be stable until 2022 at the same rate, so we hope they will improve. ”

https://www.rnz.co.nz/news/business/459463/national-average-house-price-went-up-nearly-30-percent-in-2021

It seems that Labor is happy to allow the market correct itself, hopefully when they are not Government. There have been many discussions of the Greens with their failures or shortcomings; What good reason is there to continue voting for Labor when they are constantly failing to implement the changes they are campaigning for?

Note that the QV project manager is not talking about a drop in commodity prices, just a gradual reduction. Which until recently what Ardern has been saying he wants. Allow This Interference – Employees have prioritized protecting property owners’ property beyond the possibility of low income to be able to rent or rent a house.

Metiria Turei, July 2016, at Stuff,

On Wednesday Turei, the leader of the Greens, set his neck on politics to call for lower house prices, especially in Auckland, where it is almost knocking off $ 1 million.

He is considering a law to reduce house prices three to four times lower than the average household income.

Today this can be as expensive as $ 80,000 and affordable housing for about $ 300- $ 400,000.

What his party is doing is no different from former Reserve Bank economist Arthur Grimes and former National and ACT leader Don Brash, who want a 40% drop and a 60% drop in succession.

Turei says he is working within the scope of the law but is leading the way in his career, according to Auckland Council finance director Chris Parker’s report which the council found to lower house prices by five times the family’s income by 2030.

“We speak as it were. Many people believe that house prices are too high, many people believe that house prices should go down. ”

Turei was very it is clear that this should not be a waste. He says time it is important, to have a long-term plan. And it is important that you do not suffer from this. People should not get into trouble with their mortgages, which is why it is important to plan. RNZ,

“The only way to prevent explosions, as well as to protect families in the short and long term is to establish a comprehensive plan, which means using every tool we have to reduce house prices gradually ‘and reasonable.

Ms Turei said the government did not recognize the problem of rising housing prices, other than to put in place measures to protect families.

(and, btw, is how the Greens use their words).

Questions by Guyon Espiner on RNZ and Pano. Falling house prices start at 3m, plus the risk of “accidents”.

The empty space rejected the idea of ​​lower house prices, Andrew Little’s to answer at the time he argued that the Labor plan included building more homes, resolving overseas disputes, and raising wages.

Here we are about half a decade later, and the cost of housing is very bad. We have had some relief from the housing crisis because of the closure of international borders and the pressure on immigrants to attract more tourists.

Although wages are high, profits are meaningless. Sleep extensions are still confusing. There has been some good work being done to change mortgage laws, but the difference between rent and what low-income people are still in the pipeline.

So please do not repeat the phrase ‘Workers building more houses’. Yes Ali. Building common market houses expands the market. It will not help low-income people and lenders. It will only make things worse.

The workers are doing what they said they would do. It does not work.

The key questions here are:

  • would wealthy voters be willing to give up some of their profits to build affordable housing in New Zealand?
  • will vote for Green to make this possible?
  • failing this, and what compulsion could be brought to Labor to take action?

Beyond that, the main issue here is one of morality. Do we want homes to be more affordable or more realistic? Do we want everyone to have a decent home, or are we comfortable with other people without having to make a lot of money?

The main point of the Green Party house plan (link below),

Housing is a good culture and a right to freedom; all people should have opportunities safe, affordable, good housing

The function does not seem to have several features, but this is coming from their own homes process,

Here are some of the ways in which Labor ensures that everyone has a warm, dry place to call home:

The first step is to plan for the acquisition of home ownership. The second is to build more houses in the private market in a hurry. Only when Labor talks about housing for people and tenants. I have no doubt that Labor Councilors want decent housing for all, but they cannot start this in their own policies or actions.

Recent document shows that Labor focuses on:

  • finding first-time home buyers in the market
  • earning a lot of money in the real estate market
  • removing those barriers

Build the Moar House Investments.

That’s why I think it’s a precious word.

We must also, urgently, design a housing plan based on climate change and environmental challenges. Decreasing (reducing household GHG emissions from birth to cemetery) and transformation (improving efficiency and construction are probably the result of the next 200 years).

Green Party Housing and Sustainable Development Policy (PDF)

Front cover via Guardian July 2021 A home without a toilet sells for $ 2m as the New Zealand market rises

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