Originally Posted by
Major von Tempsky
I think the Left Whingers need to note a couple of things.
(1) the proportion of home ownership in NZ is about 60%. These home owners are secretly watching the increase in value of their property and in the secrecy of the ballot box they will be voting for the party that that will allow it to continue - National.
And as long as this proportion is 50 or more that will continue.
(2) the lesson of Christchurch which seems to have completely gone over Labour/Greens head.
After the earthquakes DOOM was forecast for Christchurch, not enough housing, not enough housing for the construction workers to rebuild Christchurch, huge inflation for Christchurch.
Didn't happen. The higher demand induced higher supply, and more temporary housing was erected. Now the peak has passed, some of the temporary housing has been taken away, rents are very reasonable compared to the North Island and property prices are reasonable compared to the North Island and the inflation hasn't happened. The peak of the rebuild has passed. And National will win the Party Vote for Christchurch again.