Exodus warning by house seekers

Feb 2, 2013 Full story: Manawatu Evening Standard 8

The Government should step in and do more to help New Zealanders into homes or else face an increasing exodus of people heading over the Tasman or further afield, say those struggling on the property ladder.

Full Story

Auckland, New Zealand

#1 Feb 2, 2013
Exodus to Australia ? Don't think so , the housing Market over there is just as facked up as here.

The only way to fix it is ban all foreigners except Permanent Residents and Australian Citizens from buying Real Estate in NZ.

Auckland, New Zealand

#2 Feb 3, 2013
Ohh look at all the pathetic foreigners disagreeing with me.

The reason housing is so expensive is because our pathetic government lets anyone anywhere in the world buy houses here.( Prove me wrong )

It should be a right of Citizens and Permanent Residents only.

Auckland, New Zealand

#3 Feb 3, 2013
The political war of words over housing affordability heated up today, with Prime Minister John Key accusing the Greens and New Zealand First of “racism”.

It followed calls for restrictions to be placed on foreign buyers in the property market.

In a case of direct marketing, Auckland homes are being advertised directly to Chinese buyers in commercials running on Chinese channel WTV8 in Auckland, and broadcast on the internet.

But the buyers are now in the sights of Opposition politicians, who want to restrict them.

“In order to make land and housing affordable for ordinary New Zealanders, we do need to put the brakes on foreign buyers of housing,” says Green Party co-leader Russel Norman.

“It’s not xenophobic,” NZ First leader Winston Peters says.“It’s not being anti-foreign investment at all – it’s a straight takeover.”

In New Zealand, there are no official figures kept of foreign ownership of houses and there are currently no restrictions. In China, foreigners cannot be landlords. In Australia, non-residents cannot buy established dwellings as investment properties.

Mr Key does not like the idea of restrictions.

Read more: http://www.3news.co.nz/Housing-affordability-...

Auckland, New Zealand

#4 Feb 3, 2013
John Key should be shot as a traitor to his own country.

He is nothing more than a sell out.

New Plymouth, New Zealand

#5 Feb 3, 2013
well well, if it aint old bullsh!tter tweetypie

life must be a bitch sitn on your keyboard all your life

Auckland, New Zealand

#6 Feb 3, 2013
anti-tweeter wrote:
well well, if it aint old bullsh!tter tweetypie
life must be a bitch sitn on your keyboard all your life
Life is fine thank you.

Christchurch, New Zealand

#7 Feb 4, 2013
I have to say I completely agree with Tweeter here (though maybe John Key should just be tarred and feathered instead of shot) - foreign money is pushing up the price of housing and transferring NZ wealth abroad - buy-to-let is the age old trickle-up wealth transfer mechanism and it has now become global. An estate agent recently told me that the Chinese government is offering loans at an interest rate of 1% exclusively to those buying property overseas... Given the Chinese track record of imperial diaspora, I found this most interesting.
Big gay following

Auckland, New Zealand

#8 Feb 4, 2013
anti-tweeter wrote:
well well, if it aint old bullsh!tter tweetypie
life must be a bitch sitn on your keyboard all your life
Fancy a bum?

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