Emmerson on the land tax


John Key is preparing the ground for a reversal on National’s refusal to do anything about Auckland’s housing crisis.
I don’t like to boast, but I have solved the housing crisis.
Fair to say that Simon Bridges’ claim that there is no housing crisis has – not gone down well. National – you have a problem.
Housing is very much in the news again. Short term profit and bugger the consequences!
As Nick Smith flounders about uselessly, here are extracts from Phil Twyford’s speech on solutions to the housing crisis in Auckland.
How’s Nick Smith doing on the Budget plan to round up 500ha of Auckland land for housing? The answer won’t shock you!
Yesterday 2800 state houses in Auckland were “transferred” to a new authority, which plans to “reduce the number of people the State is supporting”.
If ‘home is where the heart is’ then what’s the story when everything’s heartless?
As if leaky buildings was not enough, New Zealand’s lax standards and lack of inspection may be contributing to new problems in the Building Industry.
Bernard Hickey’s piece from last Sunday on Auckland Housing is a depressing read.
There was a gathering in Cathedral Square in Christchurch on Sunday the 21st of February.
A one and a half hour recording of the event was put on youtube. Speaking begins at around 13min.
Is Reserve Bank Governor Graeme Wheeler so concerned about the bogey of Auckland’s housing bubble that he is underestimating an equally nasty bogey – deflation? Deflation will certainly cure the problem of the property bubble, but that cure will be at a terrible cost.
Bennet’s proposal to incentivise / coerce state housing applicants to leave Auckland for housing elsewhere seems to have hit a snag…

This morning’s Herald contains a story about a young man who with a family gift has managed to purchase eleven houses over the past five years and can afford to pay World of Warcraft all day.
There’s still a few MPs “on duty”. Their function is to maintain the semblance of active government and to roll out a bunch of announcements they hope will escape full scrutiny.
The Salvation Army, and not the Government, has pointed out some very worrying trends relating to home ownership in New Zealand.
The answer is at least one.
If this was not so tragic it would be absurd. Radio New Zealand has reported this morning that CABs are receiving referrals from Housing New Zealand of people requiring emergency housing.
Saturday in Auckland, Wellington and Christchurch.
RNZ covered a Salvation Army report on housing this morning. These figures are a national disgrace.
Paula Bennett has uncovered the most significant risk that New Zealand faces. Or has she?
Serious Fraud Office, Productivity Commission, Council failings, under-supply of houses, Developer Greed… a recipe for disaster
Three of the four member’s bills drawn yesterday were sponsored by Labour leaders. What followed was one of the most disgusting maneuvers ever pulled by this government, justifying the headline – Nats play politics while Kiwi kids die in homes.
If this report is accurate it opens an interesting can of worms!
One News has discovered that over the past five years Housing Corporation has divested itself of 2,472 houses at the same time that the need for social housing has escalated.
At a time where the need for social housing has possibly never been greater the Housing Corporation is to pay the Government a dividend of $118 million, the third largest in the Corporation’s history.

John Key says New Zealand has options in the face of a share market meltdown and is not like Greece (well that’s a relief). Simon Louisson asks how real are John Key’s options? Thanks to this Government’s profligate past spending, including irresponsible tax cuts, our options have narrowed drastically.
National’s selloff of our state houses is yet another example of its two main obsessions, secrecy and unaccountable power.
In South Korea the colliding intersection between economics, tradition and demographics is probably at its most extreme. However the same kinds of effects are being seen all over the developed world, and increasingly in parts of the underdeveloped world – and here.
Paula Bennett wants us to believe that people on Housing Corporation’s waiting lists are choosy.
I love how right-wing ideology is just some thing that can be switched on and off at will. Case in point, ownership of state houses…
Treasure has indicated that the sell off of State housing should occur in minimum lots of a hundred houses. Only large wealthy organisations need apply and claims that the sale was about the building of capacity amongst local social service providers cannot be reconciled with this.
I/S at No Right Turn on a reported rush in demand ahead of new rules for real estate transactions aimed at cracking down on tax cheats and speculators.