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  1. S

    The unrecoverable costs of buying a million dollar house now equate to around $1730 in rent a week

    @jcarrie On the other hand, take away some very supportive policy mix and they won't have to. Liberalise zoning to enable more building, and remove tax advantage and subsidy/monetary support and they'll find a much more realistic freer market value.
  2. S

    The unrecoverable costs of buying a million dollar house now equate to around $1730 in rent a week

    @renwei Don't ignore their favourable changes to policy for speculators, that'd be absurd. And just because successive previous governments have also done things to support property doesn't make it right for him with his conflict of interest to do so. I encourage you to learn about the effects...
  3. S

    The unrecoverable costs of buying a million dollar house now equate to around $1730 in rent a week

    @jamesbates And NZ has just elected a guy who has a $20 million plus portfolio value to protect and enhance, and is behaving like that. Every chance he'll come up with more ways to support and inflate property too.
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