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Stephen47 22
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Comments by "Stephen47 22" (@Stephen-bq4nq) on "Reports police officers are turning to foodbanks - NZ Police Association | TVNZ Breakfast" video.
New Zealand is stuffed and it's the housing market that's the ultimate cause. The cost of buying a house and the rents is bleeding people dry and it's not going to get any better because greed rules in New Zealand. Tte politicians know more supply is the key to reducing house prices and rents but they won't do it because they don't want to get on the wrong side of home owning voters and a lot of politicians also own multiple houses so they have no interest in solving the problem
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@garywillis8737 it's pretty obvious if house prices went down their house prices go down so they have no interest in increasing supply
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@ujaytan6649 supply and demand effects house prices. If there aren't enough houses to met demand prices go up.
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@ujaytan6649 look at rents when there aren't enough rentals available the prices go up when there is more rentals available and people have more options the rents go down the landlords can't demand so much because people won't pay it they just go somewhere else
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@ujaytan6649 yes when you have a lot of something available it's cheaper when you have a scarcity of something and supply doesn't match demand prices go up. In Christchurch they built a lot of houses after the earthquake and the result was in Christchurch there was no shortage of supply and average prices were lower than in other major centres
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I'm amazed that the Australian politicians didn't learn from New Zealand they've made the same mistakes with mass immigration and they're paying the same price. You rapidly increase your population but don't have the infrastructure in place to support it you destroy your country
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