At the same time as they are championing greed and calling it ‘investment philsophy’…
How property traders made millions flipping homes: Inside 71 Auckland real estate deals
A Herald analysis goes inside $60 million of sales by one of NZ’s biggest property traders to reveal the buy and sell prices from each of the 71 deals and the traders’ investment philosophy.
…I truly detest real estate agents and property managers.
I find them to be parasites.
The deal between the State and the Private Landlords is that the State will never build enough public housing to alleviate the pressure in the rental markets while receiving a $2billion dollar per year housing subsidy.
Speculators who drive up prices while benefitting from a political agreement with the State to keep the most vulnerable constantly desperate should be vilified, they certainly shouldn’t feel confident enough to boost in newspaper articles.
Selling each other houses isn’t prosperity, it’s a pyramid scheme.
Militant Renters should take to their communities at night and let those real estate signs pimping house sales in their neighbourhood know how the local renters feel with creative graffiti.
Or just smash the signs down, I’m comfortable with either or.
This Government is waging a war on renters, it’s time Landlords saw providing a fellow citizen a home is an obligation in egalitarian NZ, not a profit making operation.
There are many, many, many excellent landlords who see their responsibilities with a tenant as a sacred duty to a fellow citizen, but there are also many venal slumlords who profit off desperation.
We talk about houses a lot in NZ, we rarely mention homes.
We have allowed the Free Market to make houses commodities, not necessities.
The NZ Herald’s most profitable arm is its property speculation porn so they will promote real estate agents and property managers as aspirational and glorified.
They are parasites that rob the next generation of the dream of home ownership.
They take from today what tomorrow never brings.

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