Critiques of Govt’s contentious housing package raise questions about whose advice was sought

So  what happened  to  “go hard, go  early”?  Does  anyone  expect house  prices  (which have risen   more than $100,000  since  early 2020) to  start falling?

The  Ardern government’s   housing  package aroused  curiously mixed  reactions, hardly  any  of them  providing  a  glimmer of  light  to  would-be first-home buyers that house prices will  be  falling  any time  soon.

From one side, the warning came that rent controls could not be far behind. From the other,  “market forces” and the evils of neo-liberalism had  at  last been corralled.

Over  on the  Left, Chris Trotter  sees a housing crisis ripping apart the country’s weakest and most vulnerable communities.

“While the detail of the Labour government’s housing package has been sufficient to unleash the very worst impulses of NZ’s landlord class – whose screams of rage and wild threats of social vengeance have pretty much confirmed the rest of NZ society’s worst fears concerning‘property investors’ – it is the rank insubordination of the nation’s elected leaders which most rankles neo-liberalism’s true believers”. Continue reading “Critiques of Govt’s contentious housing package raise questions about whose advice was sought”