Develop policy based on housing prices needing to drop

Posted by 192tp on November 25, 2016

Right now the only response to the crisis from the major parties seems to be thinking slowing down would be a good idea. We are long past the point where a slowdown is adequate and significant devaluation is needed. This will require a multipronged approach as the housing crisis is anything but simple and the finger cannot be pointed at just immigrants, just residential investors or just Auckland. Geoff Simmons wrote an excellent article on this not long ago and support for effective policies to be enacted will hopefully be a cornerstone of policy.

Do you like this suggestion?

Sign in with

Chelsea Finnie tagged this with essential 2016-12-03 22:49:38 +1300
Paul Eaton tagged this with important 2016-11-28 21:46:11 +1300
John Alan Draper tagged this with important 2016-11-26 20:45:31 +1300
Rohan Light tagged this with important 2016-11-26 12:47:20 +1300
Oscar Dowson tagged this with essential 2016-11-25 15:30:20 +1300
Bart Brichau tagged this with essential 2016-11-25 14:42:58 +1300
Glenn Reed commented 2016-11-25 13:46:05 +1300

I believe housing ought to be within the reach of the average New Zealand Citizen
Glenn Reed tagged this with essential 2016-11-25 13:46:05 +1300
Jonathan Swadling commented 2016-11-25 13:37:33 +1300

Phillip the real difficulty is housing affordability – by international measures New Zealand housing is unaffordable simply because housing price rises have vastly outstripped increases in income. Yes, we are sure this is not a catch up.
Philip Wilkinson commented 2016-11-25 13:35:02 +1300

lets get the facts might be a better policy
I read that property prices have risen by 10% per year since 1066… are we sure this is not catch up rather than a crisis…. crisis seems to be a media / labour party term
Philip Wilkinson tagged this with dislike 2016-11-25 13:35:01 +1300
Richard Robson followed this page 2016-11-25 13:26:10 +1300
David Johnston commented 2016-11-25 13:17:41 +1300

*goal
David Johnston commented 2016-11-25 13:17:25 +1300

This isn’t a policy – it’s a goad.
David Johnston tagged this with dislike 2016-11-25 13:17:25 +1300
rowan miller tagged this with essential 2016-11-25 13:13:10 +1300
Jonathan Swadling published this page in Suggestions 2016-11-25 13:11:21 +1300

Develop policy based on housing prices needing to drop