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4 Comments

  1. Housing and property have become the new currency as money is so abused with bankers activity that it has to crash.

    So as houses rise in price then out monetary system is devalued and we all loose value in our savings or other assets.

    It is a rip off by the wealthy from the rest that is why National will do nothing but promote what is happening. After all they have authored it.

  2. Serious implications for New Zealand…if the housing price bubble is unlikely to burst in China anytime soon…it is unlikely to burst in New Zealand any time soon.

    … If we keep allowing Chinese to buy up NZ housing…implications for young New Zealanders who want their own home in New Zealand is dire.

    ..New Zealanders homeless in their own country or renting houses owned by foreigners

    ‘China’s “Bubble Prophet” Sees Unprecedented Surge In Home Prices’

    http://www.zerohedge.com/news/2017-06-11/chinas-bubble-prophet-sees-unprecedented-surge-home-prices

  3. I wrote a couple of days ago in the “Death of a Deportee” post about a young man who was effectively sentenced to death by Aussie immigration minister Peter Dutton.

    If any readers want to help the family there is now a fundraising page. They’re trying to get him home to Oz.

    https://www.gofundme.com/bring-matty-home

    Any donation, no matter how small, will help end Matt’s story on a good note. Cheers, TRP.