The 2017 Election Thread

[Swoop]

S'ok, National will promise to sort it.

They'd be too late since Liarbour has promised bribed to "sort it" within this term.

The clock is ticking and the failure is rampant. No surprises really.

[mashman]

They'd be too late since Liarbour has promised bribed to "sort it" within this term.

The clock is ticking and the failure is rampant. No surprises really.

Yeah but National did nothing before Labour. Then Labour did nothing before National. The National did nothing before Labour. Then Labour did nothing before National. I kinda get the sneaky suspicion that neither are gonna do anything given the history of progress so far. Picking one side over another is just plain stupid when both are exactly the same.

[Voltaire]

Yeah but National did nothing before Labour. Then Labour did nothing before National. The National did nothing before Labour. Then Labour did nothing before National. I kinda get the sneaky suspicion that neither are gonna do anything given the history of progress so far. Picking one side over another is just plain stupid when both are exactly the same.

Oh no....you can't criticise dinosaur parties from the 1930's.
I suppose young people should take more interest in who is shafting them.

[Ocean1]

Yeah but National did nothing before Labour. Then Labour did nothing before National. The National did nothing before Labour. Then Labour did nothing before National. I kinda get the sneaky suspicion that neither are gonna do anything given the history of progress so far. Picking one side over another is just plain stupid when both are exactly the same.

It's almost as if some people don't earn enough to pay for a new house at prices inflated by local govt, and the rest aren't keen to subsidise them more than they already do.

[mashman]

Oh no....you can't criticise dinosaur parties from the 1930's.
I suppose young people should take more interest in who is shafting them.

Oh, shit, er, er, yeah I wasn't criticising, just pointing out the history of it all. Funny how the government gets blamed given that there are enough houses to house everyone in the country, with excess for warm bodies.

It's almost as if some people don't earn enough to pay for a new house at prices inflated by local govt, and the rest aren't keen to subsidise them more than they already do.

@local govt. I knew I shouldn't have popped by on myopia night.

[husaberg]

at prices inflated by local govt, .

Oh that's an intersting take.
Especially considering you have for years denied there was no idsue with housing affordability.
I can imagine the wining you would do if Goldmans Sachs prediction about a 40% chance of NZ housing market going bust they made when National was in goverment.
From memory they rated NZ housing market as the second most over valued in the world but it wasn't local government policies they blamed for it.
Hell even Stephen Joice admitted the reason was "historically low interest rates and supply shortages."

[Ocean1]

Oh that's an intersting take.
Especially considering you have for years denied there was no idsue with housing affordability.
I can imagine the wining you would do if Goldmans Sachs prediction about a 40% chance of NZ housing market going bust they made when National was in goverment.
From memory they rated NZ housing market as the second most over valued in the world but it wasn't local government policies they blamed for it.
Hell even Stephen Joice admitted the reason was "historically low interest rates and supply shortages."

I have never at any time denied there was idsues with entry level housing affordability. Nor have I ever said houses in general aren't more expensive than they could be.

........... came true? Can I suggest that you rely a bit less on your imagination? In fact should the market have dived to that extent I'd have been well pleased, it would have meant govt had stopped fucking with the market, removed the supply line monopolies and repealed the RMA.

And I doubt Steven Joyce was "admitting" anything, it's a statement of simple economic fact: people borrow what they're comfortable paying back, lower interest rates = bigger houses from the same budget = higher average new house prices. And supply shortages caused by local govt rorts and the resource management farce are indeed what cause most of the problem at the other end.

But you go right ahead and regulate the shit out of the market, that's what got us here but who knows, more of the same might fix it, eh?

[husaberg]

I have never at any time denied there was idsues with entry level housing affordability. Nor have I ever said houses in general aren't more expensive than they could be.

........... came true? Can I suggest that you rely a bit less on your imagination? In fact should the market have dived to that extent I'd have been well pleased, it would have meant govt had stopped fucking with the market, removed the supply line monopolies and repealed the RMA.

And I doubt Steven Joyce was "admitting" anything, it's a statement of simple economic fact: people borrow what they're comfortable paying back, lower interest rates = bigger houses from the same budget = higher average new house prices. And supply shortages caused by local govt rorts and the resource management farce are indeed what cause most of the problem at the other end.

But you go right ahead and regulate the shit out of the market, that's what got us here but who knows, more of the same might fix it, eh?

Sorry Goldman Sachs doesn't agree with you. nor does Stephen joycev Joicye joice joice
New Zealand housing market overvalued, could go bust, says Goldman Sachs
Bloomberg reports that Goldman looked at housing markets in the G-10 countries -those with the 10 most-traded currencies in the world - and finds they are most elevated in small, open economies such as New Zealand, where house prices have rocketed in recent years.

We need to be cautious with the Goldman Sachs report because the model is very sensitive. They define a bust as a 5 per cent decline in real house prices," he said.
"The Government has a number of measures in place to influence both demand and supply in the housing market, with LVR restrictions and the bright line test moderating demand, and significant regulatory activity encouraging supply, plus of course the Crown house building programme which has been expanded significantly today.
"New Zealand is currently experiencing a building boom with 30,000 houses being built, a third of which are in Auckland. House prices in Auckland have also been flat to slightly falling over the last nine months.
House buyers were right to be cautious at this stage of the cycle, he said.
"The big increase in house building we are seeing and the lift in world economic activity means two of the big influences on house prices, historically low interest rates and supply shortages, are starting to come towards the end of their run."

[mashman]

Just listened to that TOP fella, Geoffrey, in regards to his anti-capital gains tax stance. His logic was that the two countries that are worse than NZ in terms of House to Income price ratios should be a deterrent to any government not to pursue such a thing.

Poland has a capital gains tax. Here endeth the lesson... Voting for TOP is a vote for wilful ignorance.

Argument settled. You're welcome.

[Ocean1]

Sorry Goldman Sachs doesn't agree with you. nor does Stephen joycev Joicye joice joice
New Zealand housing market overvalued, could go bust, says Goldman Sachs
Bloomberg reports that Goldman looked at housing markets in the G-10 countries -those with the 10 most-traded currencies in the world - and finds they are most elevated in small, open economies such as New Zealand, where house prices have rocketed in recent years.

No, I'm not replying to what you THINK you read in my post.

But if you ever do actually manage your comprehension such that your extreme prejudices don't spin shit in directions only you can follow then I'd be glad to discuss it rationally.

[husaberg]

No, I'm not replying to what you THINK you read in my post.

But if you ever do actually manage your comprehension such that your extreme prejudices don't spin shit in directions only you can follow then I'd be glad to discuss it rationally.

Whatever, How about you reply to what i write plus Goodman Sachs assertion that you are barking up the 100% wrong tree.
or better still Bury your head and blame the commies for all that you neither like or understand while worshiping the shear brilliance of Right wing greed that is neither sustainable or good for the majority of people.
You rejoice when national borrows money to pay for tax cuts and you moan like an petulant child when labour pays overseas debt and balances the books.
You go on about how everything should be user pays then moan about regional fuel taxs to pay for regional development.

[Swoop]

The CGT being tabled by the retard Cullen, is reportedly as bad as that of Russia and China. Not surprising since the labourite-sect follows the communist ideal...


Of interest is the Tooth Monster now back-stepping faster than a fat kid from a salad bar, in regards to supporting the film industry in NZ.
https://www.nzherald.co.nz/business/...ectid=12195991

After the furore with national propping up film making in NZ (to employ people and businesses) when labour was not in power, what hypocrisy level do they stoop to?

[Swoop]

This is what socialism gets you.

https://www.nzherald.co.nz/business/...ectid=12196625

A dictatorship by any other name (like cuba, china and russia...).

[TheDemonLord]

This is what socialism gets you.

https://www.nzherald.co.nz/business/...ectid=12196625

A dictatorship by any other name (like cuba, china and russia...).

I remember when Jeremy Corbyn was touting Venezuala as a proof of the Success of Socialism...

[Katman]

I remember when Jeremy Corbyn was touting Venezuala as a proof of the Success of Socialism...

Maybe he doesn't bother reading the Herald.