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9 Comments
by bw | Mon, 22/06/2015 - 14:43
up6
"I am now thinking of Auckland as becoming a genuine international city" I've lived and worked in many genuine international cities, Jonno. London and New York amongst them, and I can tell you, an International City, Auckland isn't. ( And, yes, Jonno. I've lived there as well!) Neither is it going to become one. A Speculative City prone to the Boom and Busts of foreign capital? Quite probably. But International? No.....
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by dtcarter | Mon, 22/06/2015 - 14:46
up1
yeah, only 40% of aucklanders were born overseas. No way a city with a majority born in the same country could be international eh?
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by xingmowang | Mon, 22/06/2015 - 14:44
up2
With a population of 2 million, AKL is a city. High house price does not make you international though.
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by Chris_J | Mon, 22/06/2015 - 14:47
up2
Australia realises that foreign investment is a risk to the financial security of both itself and its citizens.
NZ does not.
Will all Aucklanders need to either be foreigners or rent from a foreigner before anyone thinks this is a problem. In fact we are rapidly approaching this situation, yet the real questions are still not being asked.
If Chinese are happy to buy Auckland out at 1% rental returns, how can NZers ever compete when we have to pay our foreign owned banks 5 times that??
A little foreign investment was good, a lot is bad...
What does it say about our government protecting our rights when the right of a foreigner to become your landlord is more important than the right to own your own home??
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by Simon | Mon, 22/06/2015 - 14:53
up3
You're getting close to breaching the Fair Trading Act s9 misleading decpetive conduct in the course of trade.
If this sort of post is in anyway linked to your qv business, and stimulating buyer interest in auckland is deemed related to sales of your (very poor) e-valuer and reports, then the contents of this post could be considered trade linked. And is clearly misleading based at least on your comparison and commentry around sydney and Auckland.
Why not use the same scales and colour schemes for your maps? You have both at 1mill +, but for some reason have sydney as an intense red for this, and then several other shades of red for slightly lower values 900k, 800k etc, making it appear Sydney has much more intense, higher pricing, whereas Auckland at 800+ gets a brown shade or orange...
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by Keyser Söze | Mon, 22/06/2015 - 15:01
up7
Auckland is no Sydney. Or Melbourne.
It's CBD is soulless. It's houses are leaky and poorly built. Public transport is a joke and commute times insane. It's beaches simply don't compare. Wages are about 40% less than in Sydney.
Auckland is an okay city. Sydney is truely world class.
New Zealand is a world class country, but Auckland itself is a constant disappointment.
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by Machiavelli | Mon, 22/06/2015 - 15:10
up0
Spot on I'd say Mr Ingerson.
But let us be reminded that just because Auckland commands a premium over regional NZ it doesn't mean it's a one way ticket as more and more people seem to be assuming, not least of all the REA's I have talked to lately.
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by iconoclast | Mon, 22/06/2015 - 15:32
up0
Yes, Australia imposes stamp duty on houses and businesses. It's a State Tax
NSW has an income from Stamp Duty of $5 billion per year, which enables it to pour massive amounts of investment into infrastructure for the benefit of the population as a whole and aslso to non-financially compensate existing locals in some small way for the pressures new-comers create - a piggy-bank account that NZ spurns - which the Chinese arrivals have been contributing heavily to
Just imagine, Auckland could right now, have in place, a world class double-tracked railway and subway all paid for, courtesy of migrants, instead of having to beg Wellington
Interestingly, South Australia State has just announced the abolition of Stamp Duty on businesses and commercial premises as a means of attracting investment and jobs away from the other states - another piggy-bank inducement not available to the non-auckland regions of New Zealand
Read more
http://www.businessspectator.com ... x/will-sa-spark-...
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by iconoclast | Mon, 22/06/2015 - 16:39
up0
Australian Parliamentary home ownership inquiry begins this Friday
What these housing markets experienced was artificial demand generated by their banking and financial systems, having lent colossal sums of private debt to speculators to bid up housing prices which led to the entry of ever-more buyers.
It is during this period these institutions claim a dwelling shortage is the cause of record high housing prices
In a blunt submission to the upcoming parliamentary inquiry into home ownership, it is claimed there is an oversupply of housing, just as there was in the United States just before the market collapse that precipitated the global financial crisis
read more
http://www.smh.com.au/federal-po ... stralian-housing...
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发表于 2015-6-22 17:35:20
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