****e. Wasn't aware of a new skiing tax but thanks for telling us. Couta1 we might have to book early to Queenstown in order to avoid Taxinda's grab :-(
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Are they really ???? http://www.taxpayers.org.nz/bribe_o_meter
Yep Fallow has the facts . They are so similar.:t_up:Alot more of int there too. national has done huge shift left in a desperate attempt to show they care ; after 9 years of dithering fiddling; sorry not credible.
article.cfm
Perhaps we could send Twyford and some of his mates who have all the answers over the ditch to sort out their housing.
https://www.domain.com.au/news/stop-...3d/?benref=smh
Yes, as Twyford says Labour's solutions such as a comprehensive capital gains tax, stamp duty and restricting foreign buyers to new builds to increase supply and building new houses will solve the housing affordability problem (whoops didn't work in Australia).
Go ahead ... whatever helps to get rid of Mr "Chinese sounding names".
Another interesting aspect however is that countries with lower homeownership rates like e.g. Germany (51.9%), Hong kong (51%), Switzerland (43.4 %), South Korea (54.2%) are much more wealthy than nearly all countries with high homeownership rates like e.g. Romania (96.4%), Slovakia (90.3%), Cuba (90%), India (86.6%) or e.g. Russia (84%). Only exception I can see in the list is Singapore (90.8%), and they have a quite unique system where the state builds and subsidizes an apartment for every Singaporean who gets married (well, the first time).
Here is the list - check it out yourself:
https://en.wikipedia.org/wiki/List_o...ownership_rate
Labour wants to increase homeownership rates (currently NZ is on 64.8%, i.e. closer to the wealthy countries) - i.e. they want to make our country poorer!
Lets catch up with Romania or Russia - shall we?
Obviously - what these wealthier countries have in common are more sensible tenancy laws (and long, reliable and for both sides fair contracts) as well as more responsible tenants. One thing NZ could catch up with if we really want to improve instead of doing some window dressing by tuning the wrong parameters ...
I agree..Both Labour and National maybe should accept that home ownerhip is increasingly out of reach of many and that low owner-occupier rates do not necessarily have to be bad.
Reform in several areas would be necessary. They should introduce tenancy reforms so that NZers no longer treat tenancy as a mark of failure or a poor insecure substitute for owning one's own home. If there are equally as effective alternative ways (in addition to owner-occupied housing) to build up a nest egg in addition to tenancy being seen as a positive option, then more tenants could take more pride in the house they occupy and consider it as a home.
Head of Australian economics at NAB Riki Polygenis said barring large-scale government intervention or a major catastrophe, prices won’t come down in the near future.
“A lot of the drivers that have driven up house prices to date such as strong population growth, foreign demand, limited supply, taxation arrangements,” she said. “Unless those factors change in a fundamental way I don’t think we’re going to see much improvement of housing affordability in Australia.”
English, Smith, and Adams certainly don't have the answers.
westerly