Everybody except National and those property speculators voting for National see there is a Housing crisis

24
0

Screen Shot 2016-05-23 at 11.50.11 am

Sadly it seems the only families we can save in cars have to be Tourists in National Parks.

National  have no interest whatsoever in solving the housing crisis and that’s why they refuse to call it a housing crisis.

Every other political party in Parliament all say we have a housing crisis, even the Governments own allies – but National refuse to – why?

Because those property speculating middle class who vote National have no interest in the bubble popping which means National doesn’t either. Those middle class speculators are making millions in inflated property gains and don’t want to see the party end.

Keeping their selfish voters happy is important for National, but Key and English also need the inflated property bubble to keep the GDP grow numbers artificially inflated as well, especially with the end of the Christchurch rebuild and the meltdown in dairy intensification.

So what do you get when 20 000 need state housing? When generations are locked out of home ownership? When tens of thousands are living in overcrowded conditions? When families are living in Cars? Well, if you are the National Party or their property speculating voters,  you ignore the problem and look the other way.

This is the NZ that we have become now.

TDB Recommends NewzEngine.com

24 COMMENTS

  1. “Every other political party in Parliament all say we have a housing crisis, even the Governments own allies – but National refuse to – why?”

    I haven’t read or heard United Future, Maori Party write or say anything critical about housing crisis and as far as ACT goes, there certainly isn’t a housing issue in Epsom. If people have enough money they can rent or buy in Epsom.

    So I think you might be wrong there Martyn. I’ve said it before and I’ll say it again. Once ACT’s policy of 20% GST and 20% flat business and personal tax rate is implemented after the next election, it will fix everything.

    Certainly ACT’s policies will fix it better than UBI

    • Wow can you be our Prime Minister Seeless, what a visionary! Weasel words from another weasel that occupies the beehive.

      • I hope you know that the Avitar known as DAVID SEE-MORE is a moron.

        The huh is with out sapien and should be ignored

    • Once ACT’s policy of 20% GST and 20% flat business and personal tax rate is implemented after the next election, it will fix everything.

      Sometimes, “David”, it is hard to know if you’re taking the proverbial piss or being earnestly serious. I’m leaning, marginally, to the former…

    • you obviously didn’t watch the news last night then when EVERY party other than National came out swinging regarding the housing issue. Even Peter Dunne who’s useless for most things is the one trying to get them all together to find some real solutions… National however are denying it’s an issue and refusing to even discuss it.

    • The difference being that a UBI will support the low income earners while ACT’s 20% GST/income tax will be very regressive & penalise low income earners. You might think fixing it for the wealthy is a clever move but history tells us that eventually the masses combine to remove the greedy.

    • God! another example of how ACT Fossil Enterprises Inc. have no idea what goes on around them.
      No wonder they can’t attract enough party votes for a list MP and have to bribe National to hang onto to their yuppie wonderland of Epsom.

  2. Yeah but the good news is that years from now people will look back and realise what an asshole donKEY was and his name will be forever cursed as a greedy, selfish, arrogant dickhead.

  3. The addict is in denial, until the inevitable happens, and the self destructive behaviour leads to serious harm, that can only be stopped by stopping the addiction drive abuse.

    Greed is to those that want more and more like an addiction, so it is for property speculators, and for those “ordinary middle class folk” who may just enjoy they equity of their humble home going up, allowing more credit to spend.

    Hormones are set free, and a certain part of the brain is excited, and stimulated, and they cannot stop, they are hooked.

    Only a burst of the bubble, a crash, will now change this, and it will come, sooner or later.

    Then it will all be on, the blame game, finding excuses, and the worst affected greedy ones, the “addict” speculators, they will do all to shift responsibility on the weak, looking for every ridiculous reason to blame them for all. They may say, you “negative” spoilers brought our economy down. Same as the government blamed Labour, Greens and NZ First when after the partial asset sales of power companies for the share valued going down (that time).

    But there is a tiny bit of hope, that enough will reform and see they fell for folly and wrong behaviour, being tempted by the drug and greed peddler, one John Key, the top dog on the block.

    Then change is inevitable.

  4. If you can’t be honest enough to mention record migration in the same sentence as housing crisis – then you don’t look credible. Most people are buying houses to live in with money they bought with them from overseas and that goes a lot further than those working in NZ on local wages.

    But it is not just housing that is the problem – it is the lack of jobs and public transport and social services. So if you pull in last year 67,000 new people coming to NZ who need 67,000 new jobs and 67,000 health care and so forth and those are not being created – then the crisis is more than just housing.

    Lie no 2, that there is a land shortage. Nope, plenty of land – just look at how few houses are being built. 1000 only on SHA and we have had a housing crisis for 10 years now. Why are people not building, because of the cost of building! Why build when you can buy cheaper an existing house and just move out of the city a local who can’t compete? Yep blame the landlords too, but hello, there is a rental crisis too, so why are there so few rental properties available?

    Another fact not put forward – State house sell offs by National to offshore interests. So somehow National are getting off on this one and the left commentators are blaming the middle class instead of National?

    Before you start slagging the same middle class property owning voters who socialists like Savage seemed to want to help to be home owners rather than renters, remember if you want a change of government then slagging them off 65% of property owners will not get their vote – especially when you ignore the truth of NZ new neoliberal experiments (first trickle down, now free markets and globalism, making locals compete against international migrants for work and housing to drive down wages and increase prices) and the wider problems.

  5. Which is the exact reason National are holding their vote. 45% in the latest poll will vote National because they were around when it mattered BEFORE Keys National government.

    Homeless people are invisible, people struggling with rent, bills and surviving whilst working don’t matter and in fact make their lives easier. Mid NZ Nat voters can book up cars, holidays and most things on easy finance and fool themselves that its their hard work and smarts and that’s why losers live in cars, because they don’t and they aren’t.

    Dishonest Prime Ministers and politicians didn’t stop them buying their last investment property, they’re just white noise and at least Key is relaxed and positive.

    They see cranes all over Auckland, read glib growth numbers and think despite the bullshit reckon things are ticking along remarkably well. As Leighton says, its simple!

    But mid NZ that vote National are sitting on a horrific growing pile of debt in a Ponzi scheme based on the never never. What can possibly go wrong?

  6. Key has been involved in pure speculation economic all his lifer since he cheated his sister Elizabeth at monopoly to his raid on the NZ Dollar in 1987 using NZ’s own King of speculation Andy Krieger read here this shows he will stop at nothing to make a buck with no scruples’.

    http://www.businessspectator.com.au/article/2008/11/10/financial-markets/keys-house

    MARKETS: Shadow banking in the spotlight

    Giles Parkinson10 Nov 2008, 10:54 AM
    Financial Services
    Politics
    Industries
    Global Financial Crisis
    Financial Markets
    Global News
    Economy
    Markets

    John Key is living proof that not all heads of derivatives operations for large US investment banks end up in the dog house. Some get to run their own country.

    Key was elected prime minister of New Zealand last weekend after his National Party achieved a crushing victory over the incumbent Labour government of Helen Clark.

    The timing of his elevation, in the midst of a financial crisis, may be quite prophetic. After all, Key’s rise to prominence in foreign exchange circles came after he struck a rewarding relationship at Bankers Trust with Andy Krieger, a daring New York-based trader who launched a legendary raid against the NZ dollar in 1987.

    Krieger reportedly bet more than the country’s entire money supply against the currency, forcing it down sharply and taking massive profits in what is still described as one of the finest forex plays ever completed.

    Key’s role in this raid is not entirely clear. The timing of his arrival at BT suggests he might not have had a great deal to do with it, but he benefited from Krieger’s continuing interest in the currency, which helped Key lift BT to top of the local currency tables and attract interest from international investment banks.

    New Zealand’s new leader also knows a lot about job losses, having by his own admission earned the reputation of being the “smiling assassin” during his short stint at the Sydney offices of Merrill Lynch in 2001 when he reportedly helped fire some 500 staff.

    He had been through this process before, after Merrills incurred massive losses as a result of the Asian crisis. Key, then head of the bank’s forex operations in London, is credited by former colleagues for his ability to hold a demoralised team together, even while sacking, in his own words “dozens fewer than 100”, a comment that reveals an early talent for political spin.

    Key began his career as an auditor in Christchurch before joining Elders Finance in the mid 1980s as a foreign exchange dealer. Within two years he was the head forex trader at Elders before moving to BT in 1988 and then to Merrill Lynch, where he headed the Asian forex operations from Singapore.

    From there, he quickly rose to become head of Merrills’ global forex operations in London, where he is said to have commanded a multi-million dollar salary, before deciding to turn to politics to pursue his childhood dream of becoming PM. Now that he is there, his take on what many people expect to be a heavy re-regulation of world financial markets should be interesting.

    In an interview for an article jointly authored by London’s Financial Times and New Zealand’s Sunday Star-Times earlier this year, Key admitted a great admiration for Krieger.

    “He was a pioneer, in the sense he was one of the few people in the world who understood the options market before it was really established. He blazed a trail and that gave him a strategic advantage early on.”

    Key also said he did not believe there was a moral issue for the traders who made speculative attacks on currencies, or for the dealing rooms that carry out their orders.

    “I can’t remember whether Andy Krieger was buying or selling, it might have been selling with me, but at the time it would have reflected the economic fundamentals at play in New Zealand. The markets are ultimately too large for any one individual to manipulate.

    “There is much more good gained from having a fully functioning financial market than there ever is from not having that. We provided liquidity, we provided stability.

    “There would be plenty of exporters today who would be cheering from the sidelines if Andy Krieger came in to sell a whole lot of New Zealand dollars. And equally if he was buying it there would be plenty of importers who would be cheering from the rafters. So it’s not as clear-cut as some people might think.”

  7. Key & Co believe the BS they spin, so do MSM, and more than 50% of the population hence there is not a problem.

    Hitler and Goebbels managed to convince the German people they had the solutions b4 WW2 and German people were in behind them.

    Labour, Greens and NZF need to convince the NZ Public they have the solutions otherwise it will be a 4th term National Government.

    It is all about perceptions and most of NZ public see NZ as going okay, they are worried Labour will upset things and the economy will collapse.

  8. Yes, but, it’s pitting us against each other, and if the Auckland housing market hadn’t been flooded with overseas cash and housing pressure, how on earth would the real estate industry and the “middle class” have been able to construct a property boom of the magnitude that we’re seeing.
    A lot of the “newly rich” long time property owners in Auckland and, increasingly, surrounding centres, are just that, they’re newly, totally unintentionally and basically, as far as their hand in it goes, accidentally, rich.
    I don’t believe the internal NZ housing market could have created conditions whereby we’ve now got the most expensive housing in the world, without cash coming into the housing market from overseas. Now people who’ve become rich in a matter of years are having to deal with the consequences of that. How many people, given $500,000 can just pass it on to the next guy?
    The government has allowed this massive inflation to happen. It’s their fault and I”m sure this “class war” suits them very nicely.
    Yes, some boomers are greedy shits, but that’s so of every generation. I feel that there are plenty of people around stuck on the fence of their own increasing property value, and the fact that they know it’s wrecking the chances of many others.
    Having said all that, there are few things I despise more than a jacked-up rent, but, again, it’s the conditions created by the market, by the government’s policies and philosphies, that are allowing the bottom of the property market in both rental and purchasing stock, to disappear, it’s been sucked up into the middle-market’s inflationary arse – still the same crap housing stock that you used to be able to rent for cheap, now re-marketed as “apartments” – read block of flats – and all that garbage, lack of regulation is allowing all of this to occur. Or, is it a “regulation” that rewards, yes, greed and bullshittery? We simply shouldn’t have an open door to floods of overseas “capital” into the housing market. It has fucked Auckland, for who knows how long, what’s it going to do next?

  9. Yes, but is it a housing crisis or a stupidity crisis ?

    When in doubt? Look to nature.

    A plump,dull minded, slow moving lamb wanders in to where the hungry lions are at.

    What, do you think, might happen? Is the lamb going to form a discussion group and reason out the anomalies of fatness versus slowness with the hungry lions? Even if the plump,dull and slow lamb puts up a decent argument for not being eaten? What happens do you think?? Personally? I think the lamb would, in the fullness of time, become Lion shit.
    What if, however, the lamb had an AK 47 and a Jewish lawyer?
    The Lions would become over indebted home owners in Auckland and work against the deviously manufactured financial tide until they died. Meanwhile, the well armed and well informed Lamb ate cake and pimped out lioness bitches down K Road because their old men were all fucked up on meth an’ shit. Thus Lambs Rule Dog ! Oh, the irony?

    Look. Kiwis? You’re dumb as lion shit. Sorry, but you are. You couldn’t think your way out of a dead end tunnel marked EXIT. I’ve met flat tyres smarter than the average Joe Kiwi. You Dudes couldn’t think your way out of tic tac toe. Take a match ? Now? Which end to strike???? I met a tree stump once. It won a bar quiz against a room full of New Zealanders. The toughest question was ; which way is up ? You can’t put the simplest set of thinky-thinky things together and get a direction. If someone falls overboard I guarantee, A kiwi would throw an anvil while shouting ” Hang on mate. Someone else will rescue you ’cause I ….. uuuuummmm ! ???
    Honestly, if you dumb shits can’t see what to do about the fucking ‘ housing crisis ‘ then , I mean ….

    Look . I have this bridge right? It’s quite flash and it’s in Auckland . They built it too small so they added wings right? But it’s ok ‘cause I own it. And you can buy it from me for … say…. a $ million dollars right? Because I have this sick aunt what needs medicine an’ that.

    Yeah Mate ! ‘course I’ll follow you to an ATM. I own that too. You wanna buy that?

    Oh my God. I wish I was joking.

    • Yes, but, what’s your problem with what I’ve said? No need to get personal with the mockery, if that’s what you call an argument, maybe you need to look at yourself.

  10. “Sadly it seems the only families we can save in cars have to be Tourists in National Parks.”

    Sums up NatzKEY’s ignorant attitude towards the homeless brilliantly Martyn. Can’t add much to that statement.

  11. John Key

    They say crisis, I say challenge,
    they say tax haven, I say investment,
    they say social housing, I say sell,sell,sell.

  12. The thing is about Paula Bennett is that she didn’t have to sleep in cars when she was on a DPB benefit. The state provided her with accomodation.

    “At just 17, she gave birth to her only child, a daughter she named Ana. Just two years later, she got a Housing Corporation loan to buy a $56,000 house in Taupo. All of this while on the domestic purposes benefit.” http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10789399

    Hypocrisy at it’s best with this trougher.

    • True there Theodore.

      And don’t forget Paula Bennett is still a state dependent! She’s turned troughing into an art form!

  13. This is National government ignorance at its worst. It’s to the point of negligence, irresponsibility, misrepresentation, which are serious charges to be brought against the government. Is there any honest legal representative in existence, that can grow the balls to stand up and take this barbaric government to court? No!
    If I could, I would, unfortunately I haven’t got a degree in legal representation.

  14. For those on the waiting list for a state house what about Transit Camps. They worked well in the 1950’s. Then they used small prefabs (old army huts) on land close to city centre. In Hamilton it was on the old gas works site. They were a temporary measure until state houses were built. Could be used for only those on the waiting list for a state house. Would be incentive for Housing NZ to fix problem quickly as well as better solution than cars and garages. Worked well for my parents and many others.

  15. Why?
    Because there is no housing crisis – for National, their media mouthpieces and their property speculator mates. The current situation is like all their birthdays coming at once and when you are living in a perfect dream you really don’t want to wake up.
    The housing crisis exists for the rest of New Zealand and National doesn’t give a continental about the rest of New Zealand except a couple of months before election day.

Comments are closed.