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Thread ID: 86986 2008-02-03 20:21:00 Housing Cicero (40) PC World Chat
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637184 2008-02-03 20:21:00 Part of a missive from Muriel Newman.


The problem is that rather than addressing some of the legitimate concerns that identify government as a key contributor to New Zealand’s housing afford ability crisis, Labour is in denial. Instead of dealing with the crucial issues of constraints on the supply of land and the excessive cost of bureaucracy, the government has introduced a Housing Afford ability Bill that completely ignores them. Labour’s Bill encourages local authorities to adopt a policy regime that will require property developers to allocate a proportion of their development for “affordable housing” - which the council will then administer. By essentially confiscating property rights, this new Bill would make Karl Marx proud. (Submissions on this Bill close on February 29th –
Cicero (40)
637185 2008-02-04 03:30:00 Possible solution: Voted out next election, although I wonder how much effort that will take? Not too much I shouldn't think. I'd say they've done their dash. But a viable alternative?

I do not understand how young people can afford to buy a house, these days. We thought it hard enough when we bought our house in 1977. Our house cost seven times my annual wage. If I was to buy it today, it would cost seventeen times my annual wage. We were both working (thank goodness) and although we struggled, it does not seem that we had the same difficulties that young couples have today.

I'm not certain that it is the government's duty to help people into their house, though, but it certainly would be appreciated by many. We would have taken any help we could get!

While we received no help with buying the house, we were able to obtain interest free loans to insulate the house and install gas appliances which helped a wee bit.

But now, many moons later, we are mortgage free. What a great feeling! Not certain I want to go through it again, though.
Roscoe (6288)
637186 2008-02-04 05:06:00 Possible solution: Voted out next election, although I wonder how much effort that will take? Not too much I shouldn't think. I'd say they've done their dash. But a viable alternative?

I do not understand how young people can afford to buy a house, these days. We thought it hard enough when we bought our house in 1977. Our house cost seven times my annual wage. If I was to buy it today, it would cost seventeen times my annual wage. We were both working (thank goodness) and although we struggled, it does not seem that we had the same difficulties that young couples have today.

I'm not certain that it is the government's duty to help people into their house, though, but it certainly would be appreciated by many. We would have taken any help we could get!

While we received no help with buying the house, we were able to obtain interest free loans to insulate the house and install gas appliances which helped a wee bit.

But now, many moons later, we are mortgage free. What a great feeling! Not certain I want to go through it again, though.

All a question of dealing with the cause,you wanting to take advantage of gov handout(others paying via tax) is typical.
That is not to say if given a chance to claw back a bit of that stolen from you,then of course we must.
www.nzcpr.com
Cicero (40)
637187 2008-02-04 05:17:00 That is not to say if given a chance to claw back a bit of that stolen from you,then of course we must.

Well, that would be nice, but if you are near retirement, don't hold your breath. What makes you think you will be able to claw all that much back? And don't give me that one about paying tax for the past fifty years! I have, you have, everyone has. So what? You'll just have to survive on the pittance you receive and be grateful, you ungrateful swine!:angry
Roscoe (6288)
637188 2008-02-04 05:38:00 Well, that would be nice, but if you are near retirement, don't hold your breath. What makes you think you will be able to claw all that much back? And don't give me that one about paying tax for the past fifty years! I have, you have, everyone has. So what? You'll just have to survive on the pittance you receive and be grateful, you ungrateful swine!:angry

So true Rosso,I will try to be more appreciative in the future.
Cicero (40)
637189 2008-02-04 06:13:00 If the government freed up the RMA.

Came up with one or two nation-wide building codes that all councils must adhere to - wopudl cut council fees by heaps.

Lowered our taxes

Started a policy to gradually lower Reserve bank interest rates (highest in the western world and encourage more overseas cash inflows)

Investigated possible monopoly of building material costs.

Came up with a workable policy to raise our wages, while still being competitive

Etc Etc

Regards

Digby
Digby (677)
637190 2008-02-04 06:15:00 In the early 80s I started a post office home ownership account. It was one of Muldoons ideas I think.
It was money for jam every year they doubled up what you saved. If you didnt spend the money on a shack you had to pay the dust back.
About 1987 I had enough for a deposit and the post office coughed for a mortgage. I got a 6 month old quite big house all landscaped (owned by a fed who got posted to CHCH) in Blenhiem.
The problem now days is the scum who have pushed the price up by playing the property market creating an a demand and getting tax write offs as well.
Until the govt intervenes and in this case it has to intervene the scum are depriving ordinary New Zealanders of their own little castle.
I am not a fan of regulation but these scum have to be taught a lesson.

C1
chicken one (6501)
637191 2008-02-04 06:26:00 If the government freed up the RMA.

Came up with one or two nation-wide building codes that all councils must adhere to - wopudl cut council fees by heaps.

Lowered our taxes

Started a policy to gradually lower Reserve bank interest rates (highest in the western world and encourage more overseas cash inflows)

Investigated possible monopoly of building material costs.

Came up with a workable policy to raise our wages, while still being competitive

Etc Etc

Regards

Digby

If Pigs could fly...
beeswax34 (63)
637192 2008-02-04 07:16:00 If the government freed up the RMA.

Came up with one or two nation-wide building codes that all councils must adhere to - wopudl cut council fees by heaps.

Lowered our taxes

Started a policy to gradually lower Reserve bank interest rates (highest in the western world and encourage more overseas cash inflows)

Investigated possible monopoly of building material costs.

Came up with a workable policy to raise our wages, while still being competitive

Etc Etc

Regards

Digby

Quite right Digs,lets hope National gets in so that we can get some sanity,there is only one Zqwerty so he can't have too much effect.:rolleyes:
Cicero (40)
637193 2008-02-04 07:40:00 Many, many moons ago I started work on $2,200 per annum (to all you young ones this means my salary per YEAR, not per month). We bought our first house for $26,500 a couple of years later. Getting finance was extremely hard.

5 years ago my daughter started work on $25,000 per annum. She bought her first house for $247,000 a couple of years later. Getting finance was relatively easy.

Her house is now worth considerably more but so is her income.

Now, if the normal cycle of property values continues as it has done for years, in 2 or 3 years people will be wondering why they own such disgusting investments as houses. But then the cycle will repeat again.... and again...
Mercury (1316)
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