What will happen to National now?

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Awrrr
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#2823394 2-Dec-2021 19:49

gzt:
networkn: Good Grief...yet another balanced and quality NZHerald headline/article today : christopher-luxons-houses-earned-him-15-times-what-he-will-get-as-national-party-leader

I'm not sure why anyone would be offended by this reporting. How would you suggest the reporter add balance in the article in this case?

Not offended, just bemused. What makes this newsworthy? The man gets a salary for his job. He earns a return on his investments. This item is the political equivalent of an eight year-old boy peeping up a girl's skirt and proclaiming he can see her underwear. It is a waste of screen space and the reader's time.

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gzt

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#2823405 2-Dec-2021 20:33

Members of parliament are required to disclose and register their financial interests. It's established practice. There is a reason for that. This reporting follows and updates those disclosures. Even the USA does something similar. Places without similar laws and news services that do not report on these disclosures have other problems.

Rikkitic

Awrrr
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#2823408 2-Dec-2021 20:42

gzt: Members of parliament are required to disclose and register their financial interests. It's established practice. There is a reason for that. This reporting follows and updates those disclosures. Even the USA does something similar. Places without similar laws and news services that do not report on these disclosures have other problems.

Right. And that is just a neutral headline reporting a routine disclosure.

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networkn

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#2823411 2-Dec-2021 20:59

Handle9:

So Luxon talks about how New Zealanders should invest in productivity but invests in housing. Now you complain about it being reported. I'd suggest you read this and apply it in the same way.

Nice work entirely missing the point.

gzt

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#2823414 2-Dec-2021 21:13

Rikkitic: And that is just a neutral headline reporting a routine disclosure.

Not at all. It updates the disclosure and draws attention to it. If a potential prime minister owned xyz million shares in coal or something topical of that nature then the price of coal or whatever would be reported and updated in the same way in relation to climate change. The housing market is similarly topical.

marmel

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#2823418 2-Dec-2021 21:30

gzt:
networkn: Good Grief...yet another balanced and quality NZHerald headline/article today : christopher-luxons-houses-earned-him-15-times-what-he-will-get-as-national-party-leader

I'm not sure why anyone would be offended by this reporting. How would you suggest the reporter add balance in the article in this case?

Balance would have been also reporting on Labour MP’s who own multiple homes and the capital gains they have made.

Handle9

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#2823423 2-Dec-2021 21:55

marmel:
gzt:
I'm not sure why anyone would be offended by this reporting. How would you suggest the reporter add balance in the article in this case?

Balance would have been also reporting on Labour MP’s who own multiple homes and the capital gains they have made.

Did a labour MP get a major promotion?

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gzt

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#2823426 2-Dec-2021 22:01

marmel: Balance would have been also reporting on Labour MP’s who own multiple homes and the capital gains they have made.

I see those articles frequently. The National Party has a new leader, it's topical. Here's one from 2017 on the single house Ardern owns with her partner:

https://www.nzherald.co.nz/nz/jacinda-arderns-home-rises-more-than-her-salary-as-leader-of-opposition/HJW4AR2H77WA264M5DR7YESOKE/

tdgeek

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#2823429 2-Dec-2021 22:04

I read in the media of all the MP's property disclosures, maybe a year ago, and I read the same today as well. I'll try to find it

EDIT

https://www.newshub.co.nz/home/politics/2021/12/the-full-list-of-how-many-properties-new-zealand-mps-own.html

marmel

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#2823433 2-Dec-2021 22:15

Did a labour MP get a major promotion?

I doubt it.

GV27

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#2823581 3-Dec-2021 09:25

gzt:
marmel: Balance would have been also reporting on Labour MP’s who own multiple homes and the capital gains they have made.

I see those articles frequently. The National Party has a new leader, it's topical. Here's one from 2017 on the single house Ardern owns with her partner:

https://www.nzherald.co.nz/nz/jacinda-arderns-home-rises-more-than-her-salary-as-leader-of-opposition/HJW4AR2H77WA264M5DR7YESOKE/

The Labour leader and MPs are the ones in government and currently making a meal of their housing policies while prices go up by stupid amounts. It's actually their problem to solve.

Rikkitic

Awrrr
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#2823607 3-Dec-2021 10:10

This is a crisis years in the making. It may have recently become much worse, and there are certainly many things the government could have done better, but is not like the entire issue only arose over the past year. The roots of it are long and deep and also international. This is not something unique to New Zealand. If you are driving a supertanker, and you suddenly see it is heading for the rocks, it is already much too late to turn it around. Whatever government is in power, it will take years to change course on this and it needs to be a joint effort of government and opposition, regardless of which party is in control.

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quickymart

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#2823609 3-Dec-2021 10:12

As I mentioned in the housing thread, apparently supply is set to increase markedly in the next 12-18 months, while the population has mostly stayed static due to coronavirus.

Hell, even if prices dropped $150,000-$200,000 that would be a good start. A lot of the houses for sale simply aren't worth the asking price.

https://www.newshub.co.nz/home/money/2021/12/housing-crisis-everything-points-towards-a-market-correction-in-2022-economist.html

Eventually there will be far more houses than buyers (I hope) and prices will start to fall (I hope) to normal/sane levels.

SJB

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#2823711 3-Dec-2021 11:41

quickymart:

Eventually there will be far more houses than buyers (I hope) and prices will start to fall (I hope) to normal/sane levels.

In which case New Zealand will be truly unique in the whole world.

quickymart

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#2823767 3-Dec-2021 13:49

It was like that in the 1990s and 2000s though, wasn't it? The only houses I remember costing a million (or anywhere near it) around the turn of the century were mansions in Parnell! From memory it wasn't until about 2010 that prices started rising very quickly.

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