Labour’s 100,000 houses in ten years policy is worth considering, but it would be even better of the present government got off its butt and did something now. For a start, they could look at a capital gains tax, even if that at first is only for foreign buyers; the ones who are forcing up the price of housing so that many New Zealanders can no longer get into the market.
How many of you have heard of people going to countless auctions only to be out bid by overseas bidders, many of whom are not even resident in NZ. This has to stop. Where the hell is Winston Peters on this on? He has been quiet for too long. Come on Winston, we need you!
The national Government seems to be staring at an oncoming train, unable or/and unwilling to act. What are they gaining from this inaction? Maybe they are once again trying to placate their rich mates and that forlorn lone voice of the Act Party. New Zealanders deserve so much better. It is too long to wait for the next election. Too much damage will be done while we are waiting. Of course we need to take Labour’s new announcements with a grain of salt too. We have been disappointed on that front too in the past.