Yes, you identify private business increasing prices.

as a tradie, i've noticed the quality of work is getting worse too, so your paying more for less bro

LOL straight off the Labour PR spin web site.....

Don't mention immigration. We need to flood in more and pretend it isn't happening

Exactly.

Start with education so we don't have skills shortages and prevent the brain drain. Near everyone going to Aus says they are better off there because homeownership is impossible, and there they at least can have something left at the end of the month. And no more low skilled immigration by getting NZ's own low skilled off benefits and out of entitlement mindsets.

@@olsaffa7679 From what I understand a lot of it is not technically 'low skilled' because of the visa requirements. If a certain business (like the one I worked for) wants to keep their immigrant staff, they must declare the work skilled-labour, or whatever the terminology is, and then that staff must be paid the median wage! Now the problem is you want your median wage staff doing the most taxing work, and you can work them like dogs, because the money (versus the income they could expect to earn back home) is excellent, and the employer now has huge leverage over them because they need the job to keep their visa valid. Imagine coming from a place where the yearly avg income is around $10k NZD and then earning $50k. You send as much back home as you can to support your family and spend as little as you like in the local economy, living in a tight-knit group in a single dwelling. You may even buy property and build a house back in your home country if you can afford it. The incentives for this immigrant workforce are of course wildly out of kilter with what local staff could expect to achieve with their wages in the New Zealand economy, which is a big part of why employers love to have access to them.

@@olsaffa7679 Since 1988 Auckland's population has doubled to 1.7 m. Both internal migration and overseas migration.C Bishop wants double again over the next twenty years. Should not government make economic insentives for business development in the south. Say in Wellington or Christchurch or Nelson.( a Port City). In the period 2000 to 2009 I think a green belt idea came to Auckland and city limit. Let's think.

Too true.

48,900 NZrs say your wrong

​@@MartinCraig-zt2svIs that how many people voted for Labour?

ANZ owned by Blackrock! 🤷‍♂️

Because that’s tax payer money used, would be badly done, is private business and socialism.

Uh, are you saying you bought a property here over 20 years ago?

Yes, and the interest rate was 11%! and I was a building labourer. So my point is, it was not easy but I did it because I knew I had to. Since became a builder with my own business and have now got a morgtage free farm!b Same principles applied....@@JimmyStrings

Indeed. Whenever I hear a politician talk about housing "affordibility" I translate it to mean "how much debt can we manage to load up on the workforce without crashing the economy" It has nothing to do with making brick and mortar houses cheaper to build and own.

@@JimmyStrings listen to Gary's Economics from the UK. He knows more most and can explain well.

@@adsdft585 I will, thank you.

Yeah sure. Malaysia is in the Commonwealth and English is compulsory in primary and secondary schools. must be struggling with the Marlborough accent maybe

Absolutely disgusting behavior from the previous government doing this to new Zealand citizens

Bruce, that makes a heck of a heck of a lot more sense than a lot of people would imagine, I'd bet most of the older building inspectors would agree also.

Godfrey thanks for that. Another racket that needs some serious scrutiny is our timber supply. Hybridized fast growth timber crops that do not have the strength of yesteryear, that require larger cross section milling (thus costs ) to compensate for the weaker timber!! Cheers @@godfreywaters8791

As a builder that has walked from the industry for a time out until things change like many others I agree. What very few people have factored into a new build house build industry revival is that the ability of builders is very low. A heap of the newly trained guys are now in Ozzy thanks to Chippy for leaving the back door open like a fool!

Hahahaa

How did they turn it into a low wage economy

​@@kiwikiwi223 neoliberalism. Leave a job, new job at starting wage. Wages fell in the early 90s

@@myzenlifeinnature that's good to know. I thought it was more when muldoon put a freeze on prices and wages and sold off alot of the state owned assets

The Rodger Douglas experiment for the Lange Labour government. Followed the Chicago School of Economics.Free market economy which immediately put 300,000 New Zealanders out of work. Many have never had a proper job since this time. Thanks to Labour.

@@user-dz6oq3gk3w yeah nothing to do with national selling off our assets over the years 😂😂

That isnt true

The average house in Auckland is at least 25 times the minimum wage salary in a year.

average price in London is $1,512,677.28 nzd Invercargill is $540,000 stop talking bullshit

Luxon would do well...to lead by good example! And not greed 🤷‍♂️

@@Anony_mouse2 My point is that nothing is going to fix the housing crisis when the majority of members of parliament are property investors,and it's a financial disadvantage for them fix it.

@@Peter-kk6rg yes Peter it's a sad reality of the caliber of our leaders or lack thereof 🤷‍♂️

Should have said, no one in their fight mind.

Demand for homes needs to be restricted to citizens.

What happens when the nuclear family gives the kids the house when they die? Eventually you get land lords. What we need is rather than a blanket landlord Ryle is targets on the megalandlord families. Mum and dad investors shud be celebrated. Their pension is not enough

@whateverbro9002 mom and dad investors should invest in other investments than skimming money off of families, not celebrated. There's a stock market, businesses, and even commercial real estate. There is no valid excuse to add to the misery. I agree that the inheritance of residential landlordship is to be taxed to an extent where selling beyond one home makes more sense. NZ has 5.5 million people and enough resources for it not to be in such a self-destruction property bubble, debt to Aus Banks loop. And then people want to know why crime is increasing, while families are pressured because of politicians making decisions when the politicians themselves own 7 homes mortgage free. This isn't envy, it's common sense. Owning a home is a motivation to work hard and create stability. No more explaining to your wife and kids that on Sunday strangers are going to trapes through their house because the landlord is having an "open home." And we should pack up and start looking for another place to temporarily live.

Great to hear. 1993 to 2023. Labour nationwide added 17,000 state houses, but National reduced the number by 2,000 even though the population increased at a rate faster than natural births.

Agreed it was rather disappointing.

Incorrect. Consent numbers are up, actual house build numbers are very low. You can thank Labour for raising the cost of new builds to an extent that it is not affordable to build. Don't get caught up in the Labour spin 'consent numbers' have nothing to do with the amount of new builds.

@@roilhead I'm just going off what I see with all the subdivision being built around,

How can a rent freeze bring house prices down? When you own a home the mortgage, rates insurance and upkeep keeps rising and I have, and seen many people in tears over how they were going to get the extra money to pay them.

@@suefairbrass9163well I guess that’s how it works… those people suffering end up selling, sometimes for a loss, thus making more housing available… not saying it’s right.

Most building supplies are controlled by fletchers you not going to get good deal here

No, it really wouldn't.

@@suefairbrass9163 For some this is true. Property managers are encouraging price hikes.

I certainly try!

@@marcusnz232 understood! Horrible place

Yeah, less than the NZ population is growing. Paddling hard but going backwards...

@@MartinCraig-zt2sv oh be quiet!

Kaitoke prison brings in loads of out of towners

Peter, there wouldn't be a landlord left in the country. Capital gain is the whole purpose of owning rental property.

@@gn7344 let's face the elephant in the room,majority of the country rents.And to solve the housing crisis it going to take radical change and new idea's around property rights.The majority would to see a fair system and wealth diversity.

​@@Peter-kk6rgsorry but nz has one of the highest rates of home ownership in the world.over 66 pct live 😊e in there own home. Chec k the numbers out on official statistical wesites

@@ala-hc4rx You are easy fooled, they been given those same statistics for over thirty years. Mike Hoskins revealed that the rental population is now 63%.

@@gn7344 $52,000 accommodation allowance for Chris Luxon. He has Premier House to live in for free,this is what I am talking about a rotten and corrupt system and enriches the most wealth New Zealanders at the expense of the average taxpayers.

Delusional

What’s delusional about that?