Tuesday, 11 June 2013
Saturday, 27 April 2013
Tuesday, 9 April 2013
EQC debacle
This EQC debacle demonstrates that dishonesty and incompetence is endemic within this government and many of it's departments, not only do heads not role but one gets the impression they wear this negligence as a badge of honour while putting out their hands to take yet more from those whom they betray.
Saturday, 30 March 2013
When will New Zealand wake up to foreign property investment?
When will New Zealand wake up to foreign property investment? As Singapore and Hong Kong clamp down with further taxes to curb their over heated residential property markets, those same investors flock to New Zealand to fuel ours. Figures suggest that 10% of NZ house purchases are by foreign investors but over look that most of those sales are in Auckland so the real figures are much higher. We should remind ourselves that we can not buy properties in these countries. What will happen to the NZ dream as progressively more of our residential property slips into foreign ownership pushing up prices as they do so, Kiwis will become tenants in their own land.
comment by
warren arthur wilson
Tuesday, 26 March 2013
Auckland housing deficit
The real problem with the housing deficit in Auckland is the inordinate cost of development, that too many people want to live in Auckland relative to other places in New Zealand, that too much property is being purchased by foreign investors seeking cash in on our problems. These problems are resolvable firstly by recognising the problems we have.
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