No Minister

Thought for the day

with 2 comments

I wonder if these three things are linked? Like, even at all, just a little bit.

This, Quantatative Easing and then this (below).

Written by Nick K

September 15, 2021 at 8:02 am

Posted in New Zealand

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2 Responses

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  1. Wasn’t that blue part called a “housing crisis” or something?

    So what word do we ascribe to the red part now? Catastrophic? Calamity? Clusterfuck?

    I can’t help thinking that we’re past the point of no return on this particular issue. I haven’t run the calculations on this but even at a guess we’d have to have house prices stagnating for a couple of decades while wages and salaries triple before we could get back to some normality.

    What are the odds of that happening under any future government.

    Even aside from the homeless and state housing, the only way my kids are ever going to own a house will be when the First Bank of Dad leverages existing assets.

    Tom Hunter

    September 15, 2021 at 8:10 am

  2. Increasing the availability of suitable land and wage inflation will make a difference.

    Cassandra

    September 15, 2021 at 8:21 am


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