Ridiculous from Jacinda who includes 16-18yr olds - again labour try to distort facts ?
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@jacindaardern too young to remember Labour pushing up house prices over 100% and leaving NZ 70,000 homes short?@nzherald graph:pic.twitter.com/RmkpZtHpNa
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Jacinda a huge portion of the population don't own a house. But they don't want to The Nats are saying. It's good to be homeless.
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When you're young, you're career-mobile and move around a lot. Buying a house means you're dropping anchor and settling for one location
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Curious as to why Andrew Little gets his surname tweeted on this account but not Jacinda?
#casualsexism - End of conversation
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How will that change the market economics that determine house prices & affordability?
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The size of the market is being constrained. Demand is being answered based on price rather than volume turnover.
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The wider economic implications from oppressive house affordability is that more income is going into relatively dormant capital assets >>>
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>>> rather than on consumer spending, savings, productive investment, retirement savings and debt repayment. Worse, to purchase overvalued>>
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>>>houses off lower incomes, we're now in debt by >1/2 trill $. That exposures us to massive risk from interest rates rises & unemployment
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Agreed on your other points. It is unproductive and a massive economic risk factor.
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But like National, you're not saying what your definition of affordable is. You're being just as tricky.
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Meanwhile avocado industry booming
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r u going to change your leader again....
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stop the rising house prices..there filed by greed...
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