Surprised it isn’t 95% in favour

January 10th, 2013 at 1:00 pm by David Farrar

The Herald reports:

The Party policy for first-home buyers has struck a chord despite the Government’s attempts to write it off as expensive and unrealistic.

Just over 70 per cent of the 500 respondents in the Herald-DigiPoll survey approved of Labour’s promise to enter the housing market to build 100,000 low-cost homes over the next 10 years.

I’m surprised it isn’t 95%. Who is against a political party saying they can wave a magical wand and produce houses  $150,000 to $200,000 cheaper than normal.  The problem is their numbers simply do not and can not add up. It is a con.

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33 Responses to “Surprised it isn’t 95% in favour”

  1. RightNow (6,646 comments) says:

    This calls for an inquiry!

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  2. slightlyrighty (2,496 comments) says:

    The problem is Labour have only got into power in recent times by conning or bribing the voter.

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  3. Manolo (13,338 comments) says:

    Political parties led by crooks who promise ever increasing bribes to a population full of dimwits and morons.

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  4. hmmokrightitis (1,506 comments) says:

    Its sad isnt it that people dont equate the government acting with “we all pay for this”. Seems to be this nebulous creature that can bend market forces with sheer will.

    Weve grown used to being spoon fed, without the realisation of the sheer cost involved – and the drag that places on the economy. Please dear god dont let them in to make this happen.

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  5. krazykiwi (9,189 comments) says:

    hmmo – the problem is that fewer and fewer actually do the paying for all this. The number of NZers who are dependent on some form of government support for all or part of their livelihood is continuing to climb. These people become compliant voters.

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  6. Monique Watson (1,062 comments) says:

    Government Competes With Private Industry should be the headline.

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  7. Monique Watson (1,062 comments) says:

    Great for me though. Being already in the market I can expect the inherent equity giveaway to trigger a mini housing price boom as the equity given to the first time buyers gets released when they realize they can own a better quality home. Everybody gets to buy a better quality home and the only people who miss out are those trying to get into the market. I predict housing price inflation. Goody. Now if only they’ll introduce a CGT then my loans will pay themselves off due to the effect of inflation and I won’t notice the CGT when I sell them in 20 years.

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  8. Morgy (169 comments) says:

    In 2013 and through to the 2014 election, National need to do two things; Go on a full assult against the opposition when they speak shit like this. Don’t be gentle…..don’t give it ‘political speak’, attack them with the facts and rip them apart. And secondly they need to have a half time break with all of their ministers press secretaries and read them the riot act so when they come out of the sheds for the second half, they play with far more accuracy, a new level of clarity in the message and with a full risk analysis in terms of making sure the message can’t be turned inside out by the media and oppostion parties. No more dropped passes with the line open.

    It’s time to take the game by the scruff of the neck, open wounds and crush them!

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  9. Elaycee (4,299 comments) says:

    So…. Labour makes another extraordinary promise ‘supported’ by numbers prepared by the usual team of mathematically challenged morons who still believe that 1+1=3 and that targeted, increased taxation is the answer for everything.

    Things haven’t really changed since the day Bill Rowling announced a baby bonus as a cornerstone of the Labour election strategy. And thankfully, the electorate quickly saw that promise for what it was, too…. a blatant bribe.

    Some things never change…..

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  10. david (2,534 comments) says:

    Governments do not generally get voted in. They get voted out. It is becoming obvious that the forces of change are already in motion regardless of the sanity or otherwise of the alternative. Everyone wants it now, they want more of it and they don’t want to work for it (whatever “it” might be) so it is a race to the bottom of the pork barrell.

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  11. david (2,534 comments) says:

    Billy Connolly summed it up beutifully http://www.aquilaonline.co.za/images/sounds/demands.mp3

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  12. James Stephenson (2,018 comments) says:

    I’m surprised it isn’t 95%

    No, I think around 30% of rational people able to see that it’s a con, is about right. I wouldn’t be surprise if that 30% number also adds up to the most of the country’s net taxpayers either.

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  13. ben (2,396 comments) says:

    Add to this the fact that governments don’t build homes people want to live in. They build cheap, small, low quality and in the wrong place. Folks nearby in better accommodation leave. In ten years you have slums. Rinse and repeat.

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  14. burt (7,796 comments) says:

    I look forward to National topping this with a grand socialist scheme of their own…

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  15. burt (7,796 comments) says:

    ben

    10 years … That longer than a Labour govt expect to last and just enough time for them to blame National – keep up… It’s about working the political cycles to your advantage – not delivering good outcomes… It’s all about getting elected and then creating enough mess when your popularity fades to have mud to sling at the incoming govt.

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  16. PhilBest (5,117 comments) says:

    DPF said, and I agree with him:

    “…..The problem is their numbers simply do not and can not add up. It is a con…..”

    Good for you, DPF.

    Peter Cresswell has written some spot-on criticism of this:

    http://pc.blogspot.co.nz/search/label/Housing

    He hits the nail on the head with this para:

    “……The nice Mr Shearer isn’t stupid, however. He reckons he has an answer to some of these obvious problems. He has spoken to Auckland Mayor Len Brown already, he says, to take up his offer of a partnership with Auckland council to make land available.

    But if Len Brown’s planners can magically make 66,666 cheap sections available to help Labour’s election chances, then why couldn’t it make cheap sections available for you and I to build our own affordable homes?

    And if Mr Shearer thinks it’s appropriate to allow his 100,000 houses to be “fast-tracked” through the regulatory process, then why can’t houses and projects built by you and I?

    In short and in summary, if cheap sections and “fast-tracking” were already available to everyone, then the problem of affordable housing would not be with us. So let’s start with that now, and forget about buying everyone a pony…..”

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  17. Paulus (2,496 comments) says:

    The poll is like
    “have you stopped beating your Wife? ”

    Of course I want taxpayers to subsidised me – it’s my due – I expect!!!

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  18. expat (4,048 comments) says:

    Labours latest reincarnation of the WFF bribery.

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  19. OneTrack (2,579 comments) says:

    Where do the families that are going to live in these 100000 houses currently live?

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  20. SPC (5,355 comments) says:

    Building more homes means mitigating a shortage that is escalating Auckland property prices and rents.

    Selling the houses built above cost means it is not possible to lose money doint this . It makes sense.

    People voted for WFF because it was good for ethir families and they will voite for this because it is good for their children being able to afford a home.

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  21. hj (6,343 comments) says:

    Savings Working Group put the blame for high house prices “fairly and squarly ” on the policies of sucessive governments. Politically we have an unholy alliance between the diversity dividend/ I wanna job at UN types and those who live off unearned capital gains. Shearer can’t make an argument without crossing the rubicon which says that outsiders may not be an asset to the majority (National’s political master’s aside).

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  22. expat (4,048 comments) says:

    People voted for WFF because it was a bribe. Voting for cheap new houses will devalue existing housing stock, once mummy and daddy middle class voter figure this bout they’ll dump out like a sack of cold cat sick. IMHO.

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  23. hj (6,343 comments) says:

    Its bs to say the state cant build houses, put them in the wrong place etc. You just have to look at the crap the private ssctor builds plus the head up bum unsustainable models they base them on. Alzo google the top 100 urban thinkers and they do some pretty fancy multidimenzional stuff .

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  24. RF (1,263 comments) says:

    I have $500.00 cash so Labour will give me a two story house with in ground pool.

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  25. hj (6,343 comments) says:

    Where’s global warming in the Rich Mastery ( Blood-sucker ) libertarian model? Don’t tell me it isn’t in there?

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  26. expat (4,048 comments) says:

    @hi, right next to the WFF and free house lotto ticket at expense of the children who will pay for it in 20 years.

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  27. Left Right and Centre (2,819 comments) says:

    Oh well… the way house prices are going in Auckland… soon even the fucking middle class twinksters will be living two whanaus to a whare.

    I knew the word whare without knowing how I knew!! Fucking hell!!

    On the news: cardboard box in One Tree Hill. A snap at $750 000. Whoa…. FUCKING HELL!!!!!!!!!

    They summed up the NZ housing market as divided into two parts 1) Auckland 2) The Rest.

    You could probably apply that to quite a few other things too… hahahahaha

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  28. Azeraph (603 comments) says:

    Key should have listened to that commission rather than Chorus’s investor lobby, stagnating this area will only push people over to labour, So, What’s this about? The landlord bubble? Interesting.

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  29. Nick K (1,066 comments) says:

    People voted for WFF because it was a bribe. Voting for cheap new houses will devalue existing housing stock, once mummy and daddy middle class voter figure this bout they’ll dump out like a sack of cold cat sick. IMHO.

    No they won’t because Labour’s policy cannot ever be enacted. Most Kiwi homeowners will figure out this is nothing but a bunch of shit.

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  30. expat (4,048 comments) says:

    No, its cat sick.

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  31. OECD rank 22 kiwi (2,810 comments) says:

    Lets all ride Labour’s “Knowledge Wave” right into a brand new house. Time to harvest those fruits.

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  32. hj (6,343 comments) says:

    Who will pay for it in 20 years?
    Why is a low paid workforce being taxed to pay for the infrastructure of an increasing population due to external migration, When the Savings Working Group claim this process “appears to have worked directly against the adjustments we needed to make as a nation”?
    The problem of high land prices is a problem of land values being captured by private interests. No one madeland.

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  33. pq (728 comments) says:

    buy here your house now, pay here your Green Labour quantitative easing tax, pay here your capital gains tax yearly , vote Gareth Morgan pay 30% tax on everything. flee flee New Zealnder if you have any future flee

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