House Price Inflation

Land prices rising much faster than wages. Shares, derivatives, hedge funds or other financial instruments are designed so that banks can gamble with our money. Win or lose they always get a cut. Loss comes out of our pensions and other savings. Or, if they really stuff it up, taxpayers are expected to borrow more from them to pay for it. Banks following their own self interest and are compounding economies to oblivion. The “invisible hand” has failed..

National’s house of straw

Affordable housing is the topic de jour. The foundation of affordable housing in New Zealand and other developed nations has long been houses […]

Affordable housing

Not in my back yard. Alright, maybe in my back yard but only if the state isn’t involved. UPDATE: No Right Turn has […]

Key hopping on Hobsonville

Just spotted this statement from Maryan Street up on Scoop which suggests at least one reason why Mr Key would like the issue […]

Own home dream

Is tax really the answer to housing affordability? The editorial in the NZ Herald today motivated a reader to send us these observations: […]

You asked for it Auckland

From The Herald: The Auckland City Council has scrapped its plan to build affordable housing. The last council signed a contract with the […]