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https://www.rnz.co.nz/news/national/529755/ghost-houses-100-000-dwellings-reported-empty-in-latest-census
…More than 100,000 houses were empty in the latest census – and not just because their normal inhabitants were away.
But commentators say only a small portion of them are likely to be true ‘ghost houses’.
In total, the census recorded 111,666 dwellings that were empty. Another 113,499 had their residents away when the Census was conducted. In 2018, 97,842 were empty….
[Brad Olsen, chief executive at Infometrics], “You can’t say there are 100,000 homes that for some stupid reason are sitting empty while no one does anything with them. There will be various reasons, but I wouldn’t say these are homes that no one would notice if you plonked a bunch of people to live in them.”…
He said it could be that more people were choosing to rent out their properties via Airbnb.
There was a particular increase in empty dwellings in Auckland, Gisborne and Hawke’s Bay. Olsen said that was likely due to flood damage in Gisborne and Hawke’s Bay, and a combination of flood damage and new building in Auckland.
Corelogic chief property economist Kelvin Davidson said Auckland only had about 4 percent of its housing stock sitting empty. Waikato had 8.8 percent, the West Coast and Marlborough more than 11 percent, and Northland about 10 percent.
But how do economists define what is stupid? By what criteria is the judgment made – anything to do with people being made deliberately homeless because of market faucets – that would be wet and stupid, yes!? Of course economists of the modern type, go to a sort of facility for special treatment before being let loose on the popping populace.
https://www.rnz.co.nz/national/programmes/saturday/audio/2018875451/prof-tim-jackson-imagining-life-after-capitalism
2023
Growth as a way of organising economies goes back to the post- great depression era, he says.
“All of a sudden there were blockages in the economy, which meant that lots of people were out of work and mainstream economists like John Maynard Keynes, and then the politicians like Roosevelt, looked at that situation and said, somehow we’ve got to stop it being the case that people lose their jobs and their livelihoods. And the only way to do that is to keep the economy growing.”
The GDP system of codifying national accounts emerged from this era, he says.
“The gross domestic product became, at that point, really the primary indicator of success for economies almost entirely around the world.”
And so we’ve been on a path of chasing constant growth ever since, he says.
“And yet, there comes a point at which more becomes too much. The World Health Organization has said that nowadays we have more people dying from diseases of over-consumption than dying from malnutrition, under-nutrition.
“That’s a symptom of our times in the sense that we flipped from being a place where more and more is a good thing, because we just didn’t have enough, to a world in which actually, we’re getting too much…
I recognised this has happened before – the pendulum effect I call it – probably picked that up from someone else. Okay…. What do we do now?
A well expressed political opinion that I have extracted and give the link to cogitate on the rest.
https://wellington.scoop.co.nz/?p=164268
KILLING KAINGA ORA
by Nemo
…That is the ideological rub right there – Natactfirst see this as a good solution, while I see it as dumb. It’s the long term vs the short term. It’s the Eye of the Fish versus the Rotting Fishead of Mr Bishop, boy wonder, meathead supreme. While the projects have been “paused” at present, that is just corporate speak meaning “for sale to the private sector at a loss” which is the more likely outcome. ..
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