Unemployment up

November 9th, 2012 at 12:00 pm by David Farrar

Stats NZ reports bad employment news:

  • Employment drops 8,000 in the quarter
  • up 13,000 to 175,000

If employment data doesn’t improve in the next two years, the Government will struggle politically – to say the least.

Tags:

50 Responses to “Unemployment up”

  1. YesWeDid (1,048 comments) says:

    How long will the government keep running the line that the data is unreliable and not consistent with other information?

    Will Stephen Joyce stop blaming everyone else now?

    How long before someone on kiwiblog says it’s not up to the government to create jobs, totally ignoring the back slapping that goes on when the unemployment figures fall?

    Will Bill English realise that slowly strangling the economy to balance the books is part of the problem?

    How long before the new Reserve Bank governor drops interest rates to ease the pressure on the dollar?

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  2. Cunningham (844 comments) says:

    YesWeDid (809) what are the alternatives? Employ half of NZ in the public sector? Print fuckloads of money? Add a heap of debt? Remember Labour put the export sector into recession from 2005 so they have no credability on the issue. The Greens even less so. So put your money where your mouth is. What would you do? Real things not fairy land solutions. as much as the sociliasts hate to admit it, we are all the mercy of overseas markets.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  3. speters (108 comments) says:

    Cunningham – at what point will National have to take the blame for NZ’s continued poor economic performance? How long do they need before we should expect to see some turnaround?

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  4. m@tt (629 comments) says:

    ‘She’ll be right mate, trust me, 170,000 new jobs in 4 years’ Yeah Right.
    Does anyone still believe anything that comes out of John Key’s mouth?

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  5. cha (4,014 comments) says:

    Fuck yeah Cunningham, the current mob have had four + years on the benches so blame someone else.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  6. Chthoniid (2,047 comments) says:

    The dilemma is palpable. We know exactly how to produce low growth and rising unemployment:

    1) Have lots of debt
    2) Have low spending in economy
    3) Have Japan, EC and the US in recession.

    The problem with the first two is trying to fix one of them, makes the other worse. There is nothing obvious about the desirability of increasing debt further. It means increased debt servicing costs and higher interests in the future- which is going to require adjusting spending down anyway.

    The problem with the third point is there is exactly nothing we can do to change this.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  7. Manolo (13,767 comments) says:

    Key and English seem to have gone to sleep after putting NZ in auto-pilot.
    Their lack of presence, communication, and leadership is staggering. At least, Double Dipton needs to be axed.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  8. Cunningham (844 comments) says:

    cha (1,726) FFS when are you going to realise THE GOVERNMENT CAN ONLY CONTROL SO MUCH!!! What the fuck do you expect the government do? Nationalise every business and employ the whole fucking country??? Printing money as those dumb fuck melons suggest will screw us even more. Are we supposed to be able to be able to outprint the US? I am all for being critical where its due but you just can’t pull jobs out of your arse no matter how hard you try.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  9. Ross12 (1,425 comments) says:

    I’m with you Cunningham. The reality is that major parts of the global economy are in the shit and are not likely to get out it anytime soon. Think ten years, at least.
    Sure I’d like to see everyone employed in productive jobs as well but you just cannot wave a magic wand. There have major shifts in most economies in recent years – major deleveraging is taking place in the private sector. That will not change in the short term

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  10. cha (4,014 comments) says:

    I am all for being critical

    And yet your first instinct is to play the blame game.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  11. flipper (4,060 comments) says:

    Yes, unemploymet is nasty.
    Yes, it is too high, much higher than we would wish.
    But look at other nations before we jump off the debt cliff.
    The US, Europe, and even the OECD average, are all higher than NZ.

    Now, today, we have that economic genius “Doctor” Russel[sic] Norman telling the Reserve Bank they have got it all wrong.
    How should that be rated? Well, describing it, and some of the comments above as sensible, would be vacuous nonsense.

    Good Lord, Norman has a Phud in Pol Sci, following a dissertation on Jim Anderton’s extinct Progressive Party.
    The fact that Norman’s garbage is repeated by some electronic media and all MSM is indicative of the fact that we have reached the nadir in journalism.

    Cunners… well, wasn’t he part of the Cullen team that “spent it all”?

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  12. smttc (752 comments) says:

    As far as I am concerned Maori unemployment is now a Maori problem requiring Maori solutions..

    Forget about passive investments. Their elite have been given the land and other resources to investmnent to create sustainable jobs for their own people.

    It’s over to them I say.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  13. RightNow (6,994 comments) says:

    I support the idea of government creating jobs. Especially environmental clean up jobs – getting thousands of people to go around the country cleaning our roadsides, waterways, national parks etc. I would even be happy for the government to pay a few percent above minimum wage for these jobs. And provide fluro vests etc. It would be great for NZ to maintain our ‘Pure’ brand, it would give these people a sense of doing something worthwhile, and it would reduce unemployment. These people could even claim the in work tax credit and get their extra $60/week.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  14. berend (1,709 comments) says:

    YesWeDid: How long before someone on kiwiblog says it’s not up to the government to create jobs, totally ignoring the back slapping that goes on when the unemployment figures fall?

    How long? Never. Blue liberals.

    The only thing John Key is interesting in is changing the social institutions of this society.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  15. Cunningham (844 comments) says:

    cha (1,727) there are things I would have like National to do such as cutting out WFF, int free loans but essentially they have done a pretty reasonable job of getting NZ in a position to grow (and grow it has been ). However they cannot stimulate the world economy and increasing debt, printing money etc is not in our interest. The opposition like to talk it up but their policies will not change what is outside this countries control.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  16. Rick Rowling (813 comments) says:

    How long before someone on kiwiblog says it’s not up to the government to create jobs, totally ignoring the back slapping that goes on when the unemployment figures fall?

    It’s not up to the Government to create sustainable, efficient jobs. They can’t. No state ever has.

    Back-slapping when unemployment figures fall is (as you say) bollocks. I’m looking at you, every government ever.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  17. berend (1,709 comments) says:

    Cunningham: What would you do?

    Too lazy to give the long list, but one word will do for now: ETS.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  18. Bob R (1,374 comments) says:

    Maybe time to look at NYC computer programmer blogger Half Sigma’s proposal of paying people to play video games. Or

    “The problem is with the proverb which says that idle hands are the Devil’s tools. Society has long been aware that people with nothing to do, especially young men, will get themselves into trouble and mischief. This is especially true if they are from the bottom half of the IQ Bell Curve. It’s wishful thinking that people with IQs below 100 will use their free time to read great works of literature or pursue artistic projects. They will more likely form violent gangs. And thus, the need to keep people occupied with something to do.

    It has been suggested that we put these unemployed to useful work like cleaning graffiti. The problem with this suggestion is that (1) in the future robots will clean graffiti better than humans; and (2) low-IQ people don’t do any work at all unless they are managed, and management is expensive. It can actually cost more money to put people to work than to just pay them to do nothing! And that is where the computer game comes into play (excuse the pun). Online games from the World of Warcraft or Final Fantasy XI genre were designed to make it hard to earn money within the game, and they were also designed to be highly engaging and to give the people who play them a sense of purpose which they apparently don’t get from doing real-world activities. Thus you see, technology has created the perfect make-work, which is a much more humane type of make-work than paying people to dig ditches and then refill them.

    There are already people in China playing games for money; there is a Wikipedia article about the phenomenon, so it’s not completely science fiction, it’s already happening today.

    Sabril writes:

    So perhaps that’s the key. Instead of paying people to pay video games, give them stipends to participate in amateur sports leagues; debating societies; book clubs; community orchestras; and so on. Then we can pretend that there is value since we are promoting physical fitness, critical thinking, etc.

    Sabril is probably correct. The government needs to provide various types of make-work activity so everyone can get paid for something that fulfills their spiritual needs to feel like they are doing something.”

    http://www.halfsigma.com/2012/10/am-i-really-serious-about-paying-people-to-play-computer-games.html?cid=6a00d8341bf6ae53ef017d3c911182970c

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  19. hinamanu (2,352 comments) says:

    Gareth Morgan

    http://garethsworld.com/blog/economics/unemployment-on-the-march-whose-fault/

    He talks about everything except the problem. Global corporate monopolies that used capitalism to squash competition and capitalism.

    At least it’s being talked about

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  20. RightNow (6,994 comments) says:

    Maybe we should build modern day islands of Lotus eaters too.

    http://en.wikipedia.org/wiki/Lotus-eaters

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  21. RRM (9,919 comments) says:

    How come a civil works project of national importance, Transmission Gully, is still in doldrums due to projected cost…

    …when Stats NZ just said we have a vast workforce of able-bodied, working age people who we are already paying, who are literally just sitting around home with nothing to do?

    I have a solution to both problems; and it is reminiscent of this painting:

    http://4.bp.blogspot.com/-2etS9aqMx98/TxS3JrjRMsI/AAAAAAAAC5A/QPDe3cKxoVw/s1600/BuildingPyramids6LWW%255B1%255D.jpg

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  22. thedavincimode (6,759 comments) says:

    Spiderman

    Careful, this is meant to be an easy fix. Try not to give the wrong impression.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  23. Cunningham (844 comments) says:

    berend (1,202) do you mean extending it? Or shitcaning it? Neither will create thousands and thousands of jobs. The cost on business is still fairly small although if Labour and the Greens get in, it will be more. I would love to hear them explain how that will create jobs. Let me guess some sort of ‘clean green’ insutry will pop up employing all the the country and we will all sing kumbaya in the nirvana that they have created.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  24. Manolo (13,767 comments) says:

    What about some economic activity allowing people to keep more of their own money by reducing taxation?
    National should start by scrapping the ETS.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  25. hj (7,011 comments) says:

    it isn’t natural for everyone to be working all the time. In the past work was seasonal. Technology has made it possible for us to be busy all the time. The problem isn’t unemployment (we don’t call a child in our family “unemployed”) it is that the bonds between distant individuals aren’t strong and some have captured the work and the wealth.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  26. East Wellington Superhero (1,151 comments) says:

    If you’re a Lefty, how do you reconcile:

    “Obama needed more than four years to fix the economy” with “Key should have fixed the economy by now”.

    Key was elected four days after Obama.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  27. East Wellington Superhero (1,151 comments) says:

    That said, the Nats need to harden up.

    Reduce RMA wait times and sensitivity thresholds seriously.
    Axe WFF and interest free student loans and reduce taxes.
    Open up the supply of land to lift new-home builds.
    Get those assets out the door.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  28. Chthoniid (2,047 comments) says:

    @thedavincimode

    Careful, this is meant to be an easy fix. Try not to give the wrong impression.

    Reality is such a hard place for people to live in.

    But we’ve done the debt-gambit before. In 1980, we borrowed furiously to keep the economy moving. By 1984 we were completely in the shit and debt servicing had risen from $771m to $2240m. That made it a bigger item on the central govt budget than education ($1674m) or health ($1805m).

    Borrowed money isn’t a gift, the people who lend us this stuff have to get repaid. The more you borrow, the higher that debt servicing goes. It took a long time for us to get that debt down.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  29. BigFish (132 comments) says:

    It’s a good time to spend on labour for infrastructure that’s required for when the economy picks up.
    Better to do it now when labour costs are low and labour is available. If you defer infrastructure spending until it’s absolutely needed then you’re constraining the capacity of industry due to insufficient infrastructure while competing with industry for labour.
    This is essential infrastructure that provides an economic benefit – not holiday highways, bridges to nowhere or vanity projects like stadiums.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  30. KevinH (1,227 comments) says:

    Although bad news the rise in unemployment is consistent with other nations in the OECD which indicates that New Zealand is not immune from the global slow down in growth and that reduced growth internationally has impacted on New Zealand for some of our high value manufactured export goods.
    There has been a paradigm shift in manufactured goods as a result of China’s dominance therefore New Zealand has to look at niche markets to achieve market penetration for some of our manufactured goods. However New Zealand’s long term prospects are in producing protein, food technology and food innovation, an area of the global market that we are good at and could grow with the right initiatives from central government and with investment from equity partners.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  31. Harriet (4,969 comments) says:

    Making money is soooooo gay.

    The government has no right to enter the general public’s tills or pay cheques.

    There.Fixed. :cool:

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  32. niggly (830 comments) says:

    If we want jobs and wealth (and thus money for the govt coffers to further fund health, education, welfare etc), then we need to export resources that the world actually wants such as minerals, gas & energy etc.

    Todd Energy released a report yesterday and in it the “petroleum sector annually contributes $2.2 billion to New Zealand’s GDP and employs 6000 people”. We need more of this, including surveying conservation land.

    http://www.stuff.co.nz/dominion-post/business/7922220/Fracking-essential-says-Todd-report
    http://www.stuff.co.nz/taranaki-daily-news/7927139/Industry-groups-backing-Todd-Energys-report-on-fracking

    BUT who are the hypocrites that blame John Key for “not caring” we have so many unemployed (cue Weasely Wussel yesterday) and demand that the govt do something BUT at the same time oppose the Govt generating such potential revenue streams and employment?

    Why the Greens of course. The Greens’ own Ronald McDonald Clown backs up Weasely Wussel:
    http://www.stuff.co.nz/taranaki-daily-news/news/7920818/Report-industry-spin-Greens

    Instead the Greens somehow think we can create wealth by investing (subsidising) heavily in new and unproven Green technologies, technologies which have cost European Govts many billions of dollars, for nothing.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  33. Pete George (23,560 comments) says:

    This is bad news on unemployment for sure – and far more of a concern for those finding themselves unemployed now, I don’t care about National struggling politically in two years.

    But National are doing an ok job of appearing to do what they can in difficult economic circumstances. And they are helped by Labour continuing to look incapable of running a raffle let alone a country.

    They say they would take a more hands on approach to raffle running, but don’t look anything like a workers party prepared to roll their sleeves up and get their hands dirty.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  34. bhudson (4,740 comments) says:

    It’s a good time to spend on labour for infrastructure that’s required for when the economy picks up.

    So BigFish, this indicate that you think that:

    1. The economy is going to pick up – so why would you be calling on the govt change anything?
    2. That the economy operates in cycle and will improve of its own accord – so why would the govt need to change anything?

    So, really, National should continue with the current economic development plan…

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  35. KiwiGreg (3,255 comments) says:

    1. Lower the costs of hiring people (including the cost of firing them).
    2. Lower the benefits of not working for those for whom not working is a choice.

    The economics of this isn’t particularly hard, it’s the politics.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  36. backster (2,171 comments) says:

    I heard a Pukekohe Onion Grower interviewed of Red Radio farming session recently. The interviewer asked him if he had trouble with his staff. He replied “Well they don’t speak much English. They come down from South Auckland every day in three cars, work hard, the men do the heavy work and the women sew up the bags and go home. They were all Syrians.
    This morning on the Leighton show a fencing contractor rang up complaining he had been advertising for unskilled Labour for weeks without result. He had a longstanding employment problem. He said he paid good money for hard workers.He left his number with Leighton.
    A few weeks ago I recall either Shane or Hone stating the reason no Maori were employed on Fishing boats was because they didn’t like being away from Whanau for extended periods
    I understand there are thousands of (Phillipino I think) workers employed on our DairyFarms, apparently great workers.
    Thousands of Polynesians fruitpickers (none from South Auckland though) working in our orchards.
    When I grew up in a small country town it was the accepted thing to leave town when you left school to find a job.(No dole, no handouts.)
    Too many entitlements the problem Bro, why work, and thats the reason it will get worse before it gets better.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  37. labrator (1,850 comments) says:

    We should open some more mines. The Greens hypocritically complain about emigrants to Australia and ignore the fact that it is pulling ugly dirty stuff out of the ground and selling it to the Chinese to burn that’s creating the demand.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  38. berend (1,709 comments) says:

    Cunningham, the ETS will cost jobs. It makes it more expensive to compete, while not doing anything for the environment.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  39. berend (1,709 comments) says:

    Pete George: But National are doing an ok job of appearing to do what they can in difficult economic circumstances.

    The standard response. Labour wouldn’t run this country any different Pete. Tell me, what Labour policy has National repealed? Tax cuts got canned. GST increased. ETS introduced. Student loans still there. You’re gonna be locked up if you don’t accept gay marriage.

    Why don’t we just get Labour back?

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  40. wreck1080 (3,912 comments) says:

    Hilarious how John Key acted surprised — despite being bombarded over the last few months how hard exporters are going.

    For every exporting job lost, there could potentially be 2 or 3 other jobs lost.

    Those who think National are doing OK should think again. National have failed to materially reduce government spending. The retirement age should have been addressed.

    The working for families handouts and interest free student loans should also have been addresssed.

    Had the government reduced spending back to 1999 levels + inflation + growth we’d be spending 20 billion a year less . Over 5 years, that has sucked 100 billion out of the productive sector.

    And , you wonder why the exchange rate is stubbornly high. Those who think the government is impotent in the face of the GFC are deluding themselves.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  41. Camryn (543 comments) says:

    The public will get sick of National at just about the time everything comes right, so once again Labour will get credit for the good times they inherit after National takes all the knocks for righting the ship. Sigh. SIGH.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  42. decanker (184 comments) says:

    I think Hone said it best today (no matter what side of the spectrum you’re on):
    John Key is not responsible for the Global Financial Crisis, but he is responsible for New Zealand’s response to it.

    As of now, that response is dismal.

    There are plenty of things he could do to have a crack at addressing things. Instead he’s the guy with the 2004 Holden who can hear a grinding noise in the engine but decides to just keep clocking up the km’s and ride it out until next year’s warrant.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  43. Dazzaman (1,140 comments) says:

    This has hit home for me, my position at uni has just been “disestablished” so,…my bad luck. Fortunately my major source of income is pretty strong….govt dept. Shit I’m on the pigs back alright!

    Camryn, things will not “…come[s] right…” for quite some time. The provincial regions are in a sorry state & will not bounce back quickly whatever measures are taken, or whoever drives them. Quite simply, there is no money. Small business are using up their humps just to stay afloat, the next year will see many more go under…

    Obviously Key & English wind the windows up when they leave the metropolitan areas. They have no idea.

    Expect the worst.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  44. Scott (1,800 comments) says:

    Indicative of a government that has completely lost its way. My suggestions – concentrate on the economy. Clear the books of all things gay. No social engineering. Bring back youth rates to get young people into work. Lower the minimum wage to enable employers to take on more workers. Less regulation. Get rid of ETS. Get your eyes back on the ball. The economy and jobs are the priorities. And no to gay marriage.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  45. BigFish (132 comments) says:

    Bhudson – you’ve completely misread me. Doing nothing is dumb. Get your infrastructure in order so that when things do pick up, growth is relatively unhindered.
    All economies are cyclical, but smart ones prepare for growth during downtime. Smooth the ebbs and flows by diverting labour to preparing for future private industry growth when you are not competing with private industry for labor.
    Otherwise your cyclical recovery is constrained.
    Research and development tax credits should also be provided. The lead time from concept to development of new products takes time. Those who have products that can go to market when the world economy recovers stand to benefit most.
    Companies and countries that don’t prepare for the future are always on the back foot.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  46. Nostalgia-NZ (5,202 comments) says:

    Big fish.

    ‘Research and development tax credits should also be provided. The lead time from concept to development of new products takes time. Those who have products that can go to market when the world economy recovers stand to benefit most.’

    Sure. what about companies who have machinery and logistics down-scaled or on hold for when ‘those who have the products’ stand to recover most. They should continue without tax credits until work picks up? Or the driver or mechanic sitting at home gets tax concession the same as those that ‘stand to benefit most.’

    I think you must be talking about Disney Land. Anyway how’s Mickey doing these days?

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  47. SPC (5,619 comments) says:

    Much like the Tea Party in the USA, the reaction to bad news is to say that the policies/campaign were not right wing enough. Some people just like digging holes.

    Infrastructure is where it’s at in terms of getting value for money when there is surplus labour – but the government is wary of debt build up.

    1. Requiring landlords to insulate their properties within 5 years costs the government nothing (compulsion ends the subsidy offered now) – it actually saves money. This creates jobs – funded by landlords.

    2. The government plans to borrow to build houses in Christchurch – then on-sell them. Why not do the same in Auckland? The increased supply reduces upward pressure on house prices and rents. This might boost the wider Auckland economy.

    I doubt the PM was truly surprised by the news of rising unemployment – he had to have asked English why tax revenues were below forecast. The number of people once self-employed now unemployed explains how hard it is out there at the moment.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  48. thor42 (971 comments) says:

    Lindsay Mitchell has an interesting take on a possible reason for the increase –
    http://lindsaymitchell.blogspot.co.nz/

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  49. SPC (5,619 comments) says:

    If the reason is consistent with the fall in tax revenue, it has little to do with beneficiary behaviour in anticipation of planned changes.

    One reason, consistent with known data, is the decline in number of people (successfully) earning their way as self-employed. They are now being classified as unemployed as they are looking for (other) employment.

    (I would have posted this on her site but apparently the type in word system blocks posting for some).

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote
  50. Nostalgia-NZ (5,202 comments) says:

    ‘2. The government plans to borrow to build houses in Christchurch – then on-sell them. Why not do the same in Auckland? The increased supply reduces upward pressure on house prices and rents. This might boost the wider Auckland economy.’

    This seems like an excellent idea. Particularly if the homes are quality with less floor space than the norm in Auckland at the moment (say half the average to 120sq m) to keep costs down and perhaps become a platform for first home buyers, or those living in State Houses.

    Vote: Thumb up 0 Thumb down 0 You need to be logged in to vote