Fred99:

 

GV27:

Fred99:

 

GV27:

Try one that stretches back to 1999. Or are we wilfully ignoring that?

 

 

 

No:

 

 

 

 

 

 

House prices increased in NZ - expressed as a multiple of household income - from about 5 when John Key took the reins - to about 8 when he quit.

 

And? People here seem to be under the illusion this solely happened under National's watch. That simply isn't the case, and Labour were just as guilty as National were of doing bugger all about it.

 

The widening gap in unaffordability and in Akl vs (rest of) NZ house prices DID happen under Key. 

 

In the Trump thread I complain about "whataboutism" - using hand-picked failures of the past, with the benefit of hindsight to make unfair comparisons.

 

The house price:income ratio in NZ is now terribly unaffordable - and needs to be fixed - before interest rates rise.  Going back three and more parliamentary terms to argue that "they" didn't do anything about it - then turning that around to melt like a snowflake when someone finally does hope to do something about it - and to argue that "the market" will sort it out when the market seems to have failed (for many NZers) is extremely disingenuous, in my humble opinion.

 

Yes. I'm being disingenious by pointing out that house prices and government inaction have happened under both parties. Labour MPs like Twyford have stated they wish they did more. when Labour was in power pre-2008. And National, like Labour were, were more than capable (when in Govt) of putting places the things they think are suddenly urgently required once they're out of Government.

Is there someone in this thread 'melting like a snowflake' and arguing in favour of leaving it all in the hands of the market? I'm certainly not. I'm in the market for a first house, so I would really likely to see cheaper housing and expansion of the Axis and other affordable housing plans. You wouldn't by chance be trying to put words in my mouth, would you?