Why housing costs are so ridiculously high

[sidecar bob]

Don't ask this old anarchist - I protest vote .. wouldn't vote FOR any of the fuckers .. but I can't not vote .. too many people died to get the vote ..

Bugger, I got the impression you had an idea on who was better than the current chaps.

[Banditbandit]

Bugger, I got the impression you had an idea on who was better than the current chaps.

I think the left - Labour, Greens - might make a better job of it .. but fucking politicians, can't trust any of the buggers, not enough to vote FOR them ... but hey, I'm biased ... as are we all ...

[TheDemonLord]

No it's not ... especially if that direction is off a cliff (metaphor - not to be likened to the national party direction) Going in a Communist direction I am sure you would see as wrong - I hope you would see going in a fascist direction would also be wrong ...

Going in the direction that sells our country to overseas businesses and overseas people would also be wrong.

both a communist or a fascist direction is better then a country suffering a financial crisis and imploding (granted not much better, but still)

[Banditbandit]

both a communist or a fascist direction is better then a country suffering a financial crisis and imploding (granted not much better, but still)

So you think the massive increase in Government overseas debt under this National-led Government (nearly $30billion) is not heading towards financial implosion ???



From: http://en.wikipedia.org/wiki/Economy_of_New_Zealand

[TheDemonLord]

So you think the massive increase in Government overseas debt under this National-led Government (nearly $30billion) is not heading towards financial implosion ???

No, I'm saying that under any other combination of Government, it would be worse!

[Oscar]

So you think the massive increase in Government overseas debt under this National-led Government (nearly $30billion) is not heading towards financial implosion ???

Adjusted for inflation, the 1990 debt is roughly NZ$32b.
So where's the increase?

Actually NZ's public debt to GDP ratio is very good at about 41%.
http://en.wikipedia.org/wiki/List_of...by_public_debt

Much better than the UK, US and Singapore, not as good as Australia.

[Voltaire]

both a communist or a fascist direction is better then a country suffering a financial crisis and imploding (granted not much better, but still)

No, been to Soviet era Communist countries and I like it here as it is. Frankly no hopers are going to be no hopers whatever Govt you have.

[gjm]

Adjusted for inflation, the 1990 debt is roughly NZ$32b.

That suggests it is even worse, as a more-or-less static debt was maintained until 2008(ish) after which it increased rather dramatically. Of course, 2008 was (I think) around the time that the NZ $ started to get much stronger against other currencies, too.

As a % of GDP, NZ debt went from 36% down to 17.5% under Labour, and under National it's back to where Labour started, and climbing.

[SPman]

both a communist or a fascist direction is better then a country suffering a financial crisis and imploding (granted not much better, but still)

Hmmmm communist....North Korea.....fascist....USA . both suffering financial crisis and both on the verge of imploding.........

[Ocean1]

The cost of "safety".

http://www.stuff.co.nz/business/indu...housing-crisis

My industry sources say 15% is about right...

[Naki Rat]

Adjusted for inflation, the 1990 debt is roughly NZ$32b.
So where's the increase?

Actually NZ's public debt to GDP ratio is very good at about 41%.
http://en.wikipedia.org/wiki/List_of...by_public_debt

Much better than the UK, US and Singapore, not as good as Australia.

Speaking of Singapore: http://www.bloombergview.com/article...tart-to-spread
And the relevance is that China's dose of economic 'flu' has NZ and many others starting to develop 'sniffles'

[Banditbandit]

The cost of "safety".

http://www.stuff.co.nz/business/indu...housing-crisis

My industry sources say 15% is about right...

So .. what is a human life worth and how much are we prepared to spend saving one ???

http://www.stuff.co.nz/the-press/bus...deaths-by-2018

If the Kiwi construction industry's woeful current injury rates play out during the Canterbury rebuild, by 2018 about 50 people will die on Canterbury work sites, Labour Minister Kate Wilkinson says.

[James Deuce]

So .. what is a human life worth and how much are we prepared to spend saving one ???

http://www.stuff.co.nz/the-press/bus...deaths-by-2018

It's completely conditional. If you:

1. Earn less than 6 figures a year because you don't work hard enough
2. Have mental health issues
3. Suffer from a disease viewed as self-inlficted or easily avoided if you just had more willpower
4. Ride a motorcycle
5. Are a pensioner
6. Are a beneficiary of any kind
7. Disabled

Then the answer is: absolutely nothing.

[awa355]

Another view of the cost of housing.

http://www.nzherald.co.nz/opinion/ne...ectid=11482648

[Moi]

So .. what is a human life worth and how much are we prepared to spend saving one ???

http://www.stuff.co.nz/the-press/bus...deaths-by-2018

Is the Minister really concerned about making the workplace safer or saving ACC $80 million? If the former then paragraph two would not need to continue beyond the comma...