Politics 🗳️ NZ Politics

🤖 AI Summary

📝 Summary:

The thread centers on New Zealand's upcoming election, primarily debating the economic management and policy differences between the center-left Labour government and center-right National/ACT opposition. Key criticisms target Labour's fiscal stewardship, citing ballooning government expenditure #7#272, housing unaffordability, and unfulfilled promises like KiwiBuild and dental care expansion #16#12. A user #7 highlighted Labour's annual 9% spending growth versus 1.5% under previous governments, arguing this fueled inflation. National's tax-cut policy faced scrutiny over funding gaps and legality, with user #215 questioning Luxon's reliance on "trust me" assurances.
Leadership competence emerged as a critical theme, particularly in later posts. Luxon drew heavy criticism after a contentious interview where he struggled to defend policy details #194#199#211, while Willis faced backlash for her economic credentials. Hipkins garnered fleeting praise for articulation but was ultimately seen as representing poor governmental outcomes #45#119. A trusted user #308 presented expert economic analysis contradicting Treasury optimism. Infrastructure issues—like Wellington's water crisis and the dental school staffing shortage—were cited as examples of systemic mismanagement #235#12. Notable policy debates included road-user charges for EVs #220, immigration impacts on rents #299, and coalition scenarios involving NZ First #182#258. Early fringe discussions on candidates' rugby allegiances gave way to substantive policy critiques, culminating in grim Treasury forecasts discussed in posts #271#304#308. User #168 also revealed concerns about Labour rushing regulatory changes to entrench policies pre-election.

🏷️ Tags:

Economic Policies, Housing Crisis, Leadership Competence

📊 Data Source: Based on ALL posts in thread (total: 10000 posts) | ⏱️ Total Generation Time: 20s
You don't have permission to regenerate AI summary.
What do you imagine would have happened if the min wage was still fixed $15.75, would it have been deflationary? Would property values and rents have stayed at 2017 levels?
What's interesting in our neighbourhood, historically, houses have doubled in value every ten-twelve years.... but, since 2017, they've risen less than 35%. Unless there's going to be a massive jump in values over the next 3-5 years, that doubling certainly won't be happening.

Also, rents have doubled around every 15-18 years historically, but, again since 2017, they've only risen less than 15%.... at the current rate, it would take over 40 years for them to double.

That's why the talk of a housing crisis has moved away from housing affordability (the housing affordability index was just under 10 in 2023 to just over 6 now) and rents to homelessness and social housing.

NZ has gone from the fourth least affordable housing market in the OECD (4th out of 37 countries) in 2023 to the 35th out of 37th.... a fact ignored by most commentators on the left.
 

NZWarriors.com

What's interesting in our neighbourhood, historically, houses have doubled in value every ten-twelve years.... but, since 2017, they've risen less than 35%. Unless there's going to be a massive jump in values over the next 3-5 years, that doubling certainly won't be happening.

Also, rents have doubled around every 15-18 years historically, but, again since 2017, they've only risen less than 15%.... at the current rate, it would take over 40 years for them to double.

That's why the talk of a housing crisis has moved away from housing affordability (the housing affordability index was just under 10 in 2023 to just over 6 now) and rents to homelessness and social housing.

NZ has gone from the fourth least affordable housing market in the OECD (4th out of 37 countries) in 2023 to the 35th out of 37th.... a fact ignored by most commentators on the left.
Now your just going to get wizard all excited! 😂
 
Back
Top Bottom