I don’t think this is the great political schadenfreude some of my comrades on the Left seem to think it is…
Act leader David Seymour has made a virtue of owning no property, but is now correcting the record to show he is a beneficiary of trusts that own three properties.
Seymour is embarrassed about what he calls an “honest mistake”, and says he has legal advice saying he doesn’t really own any of those properties: his grandparents’ beach house in Northland, a neighbouring section of land, and his father’s house in Whangārei.
But he accepts he could end up owning some of them – or a share in some of them – as a beneficiary of the trusts, so these will be included as his “real properties” in the upcoming 2021 register of MPs’ pecuniary and other specified interests.
The register will also show that Seymour has a KiwiSaver account that he says dropped off his radar until the start of this year.
After leading a discussion on the issue with his MPs, he realises he might fall foul of the disclosure rules and updates himself.
Isn’t that what we want?
That he technically has some interests in some as yet realised gains in trust doesn’t amputate the legitimacy of his criticism of the landed political elites…
“The fact that the average National MP owns 2.2 properties of their own might suggest why they’ve spent a lot of time introducing solutions that you’d almost suspect weren’t supposed to work – because they certainly haven’t,” Seymour told RNZ in May 2017.
He has also talked about being unable to afford a home in his electorate of Epsom, despite earning a six-figure salary.
…if even old Trust fund Seymour can’t get a break, Gen X is fucked!
The fact still remains that Parliament is full of property owners so that the interests of the 40% renters is politically muzzled.
Renters have been outrageously abused in this pandemic response.
Government pumped $60billion into the pockets of property speculators to keep the Banks from freaking out which exploded House prices and retaliatory law penalising that vast speculation has generated a wave of Landlord resentment that gloatingly boasts of spiteful rent rises.
Why the hell should a fight between Government and Landlords be paid for by renters?
David Seymour is right, Renters need radical protection, which is why Labour, with their Parliamentary majority, must urgently pass rent rise freeze laws now before Autumn sets in, because a wave of spite rent rises will force people into unforgiving homelessness this frigid winter.
Renters need protecting now, Labour must stand with David Seymour and defend Renters from the landed political elites!
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