So, who benefits?

Posted on February 11, 2015 by KG

‘Auckland’s housing shortage worsened by a record near-4000 houses last year, as a pickup in home-building was “swamped” by a tide of new immigrants.’

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27 Responses to So, who benefits?

  1. Ronbo says:
    February 11, 2015 at 15:25

    ‘Auckland’s housing shortage worsened by a record near-4000 houses last year, as a pickup in home-building was “swamped” by a tide of new immigrants.’

    ——————————————————–

    The West is being overrun by the barbarians once again.

    It won’t be long until Dark Ages II.

    Did I tell you I’m re-reading Gibbon’s “The Decline and Fall of the Roman Empire?”

  2. mawm says:
    February 11, 2015 at 17:53

    Me. I just need an “Asian businessman” to offer me lots of moola and I’m outa here. :mrgreen: It shouldn’t be too hard, the rest of the street is going Asian. At least the quality of car parked in the street has improved. :roll:

    • KG says:
      February 11, 2015 at 18:38

      But in the long run, NZ will lose.

      • mawm says:
        February 11, 2015 at 20:22

        NZ has done very well with foreign capital being ‘infused’ into the property market, especially in Auckland. As far as the immigration is concerned the government is just dumb in allowing in immigrants who cost the country.

        • KG says:
          February 11, 2015 at 22:47

          Absentee owners who massively drive up the cost of family homes aren’t good for the country. Or families. Foreign capital being infused into the property market has only benefited speculators, real estate agents and those prepared to sell their houses and move on.
          For a lot of others it means being priced out of the market and huge rates increases.
          (I include the Key government in the “speculator” category).
          This isn’t real economic growth, it’s selling the farm.
          Worse, it gives the communist Chinese government huge leverage over NZ’s domestic and foreign policies. (witness this government’s silence on the massive Chinese pillaging of the seas around our Pacific island neighbours, an economic and strategic disaster in the making).)

          • Wombat says:
            February 12, 2015 at 10:39

            Yup. But, open up more land for sale and ditch most of the uber-retarded building codes and the prices would come back down again.

            Why not? Because our entire financial system has been intertwined with the principle that house prices must be high enough to require a 25 year loan from a bank to acquire.

            Why? Because debt serfdom is what keeps the bankers fat and the common man’s head to the grindstone rather than the history book. House prices have been engineered to keep a family in debt, churning out as much interest as they’re capable of suffering, until they finally pay off the home and retire. They get a few years on a shitty level of superannuation before they are forced into a nursing home by a bureaucrat from the department of health and their home is sold as an asset to cover the cost of their care.

            Sold, that is, to the next family of debt slaves.

  3. caleb says:
    February 11, 2015 at 20:19

    The Gov.
    They need growth to pay for spending and debt increases.
    Immigration = easy growth.
    Downside, well where do you start, but hey, no one will pin it on the Gov of the day, they will be long gone.

    • Wombat says:
      February 12, 2015 at 10:29

      Really? I have quite a long memory and there will be no shortage of anger or nooses when shit gets ugly.

      So where are the pollies going to go when/before the S hits the F? They’re not rich enough to build an island fortress like the bankers. No, they’ll be on the street like everyone else. If disease, starvation or a lack of modern medicine doesn’t get them then looters will. If they survive all that, then they’ll be living in a world with few faces and no shortage of anger. A bit difficult to blend in, methinks.

  4. Lara says:
    February 11, 2015 at 21:41

    Kiwi Kiwis are being unsurped from what our forbears built up for us, and dispossessed of houses, land, jobs etc, or if not us, our children and grandchildren certainly will be affected by this. Muldoon would be rolling in his grave, as would Holyoake at the ravages being caused by open immigration. Key doesn’t give a monkeys, it will never ever affect him and his, as he has a giant tide of money. What a nightmare.

  5. Lara says:
    February 11, 2015 at 21:45

    He is only there for the fame and celebrity and kudos, I always though that, even before he was PM. Has come to fruition…does anyone actually wish Labour back? They weren’t as bad as this..http://falfn.com/CrusaderRabbit/wp-content/plugins/wp-monalisa/icons/wpml_cry.gif

    • KG says:
      February 11, 2015 at 22:04

      Key would (will?) happily see NZ become a Chinese colony. NZ’s history and culture mean nothing to him. Any Western “leader” who cuddles up to China – despite that country’s appalling human rights record and stated expansionist ambitions – is nothing but a traitor.
      Key will be comfortably settled in Geneva or New York by the time our Chinese masters bring the hammer down.
      The smirking empty suit is the worst PM this country has ever had and that by a fair margin.

  6. Lara says:
    February 11, 2015 at 22:09

    Well said, KG. He has no morals whatsoever does he. Empty, selfish, fame-obsessed. He makes the rest of them look positively angelic. I hope history is harsh to him, but he wouldn’t care!! Oh, sellout, grrr!!!!http://falfn.com/CrusaderRabbit/wp-content/plugins/wp-monalisa/icons/wpml_cool.gif

  7. The Gantt Guy says:
    February 12, 2015 at 06:26

    I consider I live in about the safest place on earth. At the end of a reasonable-length peninsula, bordered on two sides by the sea and a third by the navy’s live-firing range. One road in, one road out. The nearest mosque 35 km away.

    On top of that, my neighbourhood is a refugee-processing centre for retired MET policemen and British military personnel fleeing the destruction of their own nation.

    That said, when the topic of potential trouble comes up, every single one of those men who have seen what happens when the civil society crumbles, tells me they are ready should anything happen. Most – because you can’t carry firearms – carry a knife somewhere on them at all times. Most have blades stashed around their house and car within easy reach. Because, they say, you just never know. Time to sharpen up my sgian dubhs , methinks.

    But back o/t, I scratch my head at the fact the (Chinese) owners of the local dairy (that’s a milk bar to you people in the English-speaking world) are able to afford a Bentley Continental and a Range Rover Sport. You don’t make that kind of money selling milk, cigarettes and lotto tickets!

  8. Ronbo says:
    February 12, 2015 at 06:52

    An atheist in North Carolina goes Crusader against three Muslims over a parking lot dispute:

    http://www.dailymail.co.uk/news/article-2948803/Man-arrested-3-shot-death-North-Carolina.html?ito=social-facebook

    This is TERRIBLE :!:

    Why couldn’t he have picked three really bad ISLAMISTS :?: :evil:

    • KG says:
      February 12, 2015 at 07:22

      The DOJ will immediately determine that it’s a “hate crime”. Unlike the knockout game and so forth……

  9. Cadwallader says:
    February 12, 2015 at 12:17

    This is a difficult issue to even measure let alone deal with. The housing shortage in AKL has been caused fundamentally by piss poor local government and the rabid application of the RMA. Land usage has been routinely impaired and costs have risen as a result. It is wrong to ascribe the issue to immigration alone, although it is certainly a factor; were it the sole factor it is rational to question why rising prices aren’t detected throughout the country. The prices in many provinces are stagnant or in a worrying decline.
    In this context how do you define an immigrant? In NZ there are many who appear to be recent arrivals but in fact are the children of the migrants of the 1980s and 1990s. The migrants tend to be higher breeders than Euro-Kiwis and this is adding to the exacerbation of the demand for new homes.
    The Real Estate people claim that there has never been a single year when foreign or offshore buyers have exceeded 5% of house purchasers in AKL. How this is measured is anybody’s guess given that it seems to be done largely on sight and appearances!
    I object to the unthinking msm labeling the present state in AKL as a bubble when it is a problem wrought by demand. What has caused this demand is the crux. I can only suggest it has flowed from diverse causes.
    The criteria for immigrants to meet in NZ are confusing and badly directed. I suggest the primary criterion ought be: Can you live here without being a burden on your fellow taxpayers?