Zardnaar
Deity
Translation motels.
Well a couple of years ago I posted about housing crisis here that had been building for a few years. Highest immigration per capita in the OECD.
Borders have been closed for a year but 100 000 NZers decided to return home. Throw in free money via low interest rates and in some areas house went up +$40000- in a month. 20% taxfree capital gains per annum.
When lockdowns landed they more or less tried to eradicate the homeless by getting them into motels. No tourists as such (a few left overs and "overstayers"). They've been rolling over visas post Covid.
Anyway CFCs thoughts on our "emergency housing". Opposition has been two faced pricks (they started the flood) but the problems been building last 20 years.
Cost to government is $75million a year. Drop in bucket compared to Covid relief they threw about 50 billion at it. Drop in bucket really.
Well a couple of years ago I posted about housing crisis here that had been building for a few years. Highest immigration per capita in the OECD.
Borders have been closed for a year but 100 000 NZers decided to return home. Throw in free money via low interest rates and in some areas house went up +$40000- in a month. 20% taxfree capital gains per annum.
When lockdowns landed they more or less tried to eradicate the homeless by getting them into motels. No tourists as such (a few left overs and "overstayers"). They've been rolling over visas post Covid.
Anyway CFCs thoughts on our "emergency housing". Opposition has been two faced pricks (they started the flood) but the problems been building last 20 years.
Cost to government is $75million a year. Drop in bucket compared to Covid relief they threw about 50 billion at it. Drop in bucket really.