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本帖最后由 bungyjumping999 于 2020-2-28 15:45 编辑
The unitary plan is a new thing in Auckland when it first came out, people paid some $1 million above and vendors were happy to take the gain of what they paid for.
Those properties had been undersold in the past. The subdivided land will become rarer and rarer due to constraint in infrastructure, any radius within 5-10km will be a germ.
This round is a catch-up for Unitary Plan subdividable land. Any catch up will have ripple effects on the rest of the market.
There will be a global stimulus on the virus-infected market, a more relaxed monetary policy and more money will be injected into the market and would make the market flooded with liquidity again. The gap between the poor and the rich will only get wider and wider.
The consequences will mean:
1) Socialism and populist-nationalist will become popular government policy and will be a challenge to capitalism. There will be Wealth tax to stop some minority of people holding on their wealth and pass on to the next generation.
2) There will be more social unrest.
3) More robberies, more hatred related crime.
4) a less trusting society
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