The credit ratings agencies (and the mood of the boardroom surveys) were telling the government plenty.
It’s fobbed water infrastructure spending off onto the councils who are all going to get downgraded because they need to spend a lot and don’t have much revenue gathering authority.
https://www.thepost.co.nz/business/360468368/upper-hutt-council-credit-rating-downgraded-lowest-council-rating-nz
And then rates and other charges rise all over the country, so some are facing inflation. All while the right continues to campaign against rate rises and insists that places affected by climate change are likely to be on their own from here. No more helping out flood or landslide victims. Which depresses everything and decreases the housing stock, increases insurance and uncertainty. Are we going to see failing water infrastructure because no one will pay for it? Because spending is a sin…
And you can’t try and tell me that if spending money is inflationary, canceling a bunch of money you were going to spend and sacking a bunch of people isn’t deflationary.
When your PM and your Finance Minister (think Key and English, Clark and Cullen, Birch and Bolger, even though you dislike them Ardern and Robertson) aren’t in the top ten ministers rated by Mof the B in your government that’s something of a message.
I admire you going into bat for your team. But this lot- it’s not quite the Black Caps under Geoff Howarth in South Africa, (but a few of them took responsibility for things!). It’s not far off though.
Kāinga Ora is a provider of last resort. They’re going to have problems. No one is there from choice or from a life plan. For example all the people living with trauma and head injuries as a result of state ‘care’. Throwing them out or not providing is abdicating responsibility in my world view. They’ve moved from public housing to downtown Auckland, and now instead of taking responsibility there’s a bill to move them elsewhere. Why would that be better for everyone?
There’s a lot of talk about how there’s fewer people on benefits or waiting lists, but they have no idea what’s happened to them and there’s an increase in homelessness.
And to quote on the housing crisis:
So is the housing crisis over? Experts have offered a resounding “no”.
It’s fobbed water infrastructure spending off onto the councils who are all going to get downgraded because they need to spend a lot and don’t have much revenue gathering authority.
https://www.thepost.co.nz/business/360468368/upper-hutt-council-credit-rating-downgraded-lowest-council-rating-nz
And then rates and other charges rise all over the country, so some are facing inflation. All while the right continues to campaign against rate rises and insists that places affected by climate change are likely to be on their own from here. No more helping out flood or landslide victims. Which depresses everything and decreases the housing stock, increases insurance and uncertainty. Are we going to see failing water infrastructure because no one will pay for it? Because spending is a sin…
And you can’t try and tell me that if spending money is inflationary, canceling a bunch of money you were going to spend and sacking a bunch of people isn’t deflationary.
When your PM and your Finance Minister (think Key and English, Clark and Cullen, Birch and Bolger, even though you dislike them Ardern and Robertson) aren’t in the top ten ministers rated by Mof the B in your government that’s something of a message.
I admire you going into bat for your team. But this lot- it’s not quite the Black Caps under Geoff Howarth in South Africa, (but a few of them took responsibility for things!). It’s not far off though.
Kāinga Ora is a provider of last resort. They’re going to have problems. No one is there from choice or from a life plan. For example all the people living with trauma and head injuries as a result of state ‘care’. Throwing them out or not providing is abdicating responsibility in my world view. They’ve moved from public housing to downtown Auckland, and now instead of taking responsibility there’s a bill to move them elsewhere. Why would that be better for everyone?
There’s a lot of talk about how there’s fewer people on benefits or waiting lists, but they have no idea what’s happened to them and there’s an increase in homelessness.
And to quote on the housing crisis:
So is the housing crisis over? Experts have offered a resounding “no”.
The housing market could only be viewed as affordable if compared with “the Mount Everest of house prices”, Olsen said. Around 40% of the average household income is spent on mortgages – more affordable than the peak years at about 47% but not affordable overall.
That suggests there probably still is a problem with housing supply too. And yeh part of the drop is some intensification happening. The Unitec development Twyford publicised is available in part! It’s uneven across the city but part of it is housing consented under the last government and when there was a bi-partisan deal in 3 storey buildings. Narrative undisturbed? Now that’s ripped up and the Nimbys are back in force.
I always worry about safe parks in walking distance for apartment kids. And supermarkets in walking distance for the elderly. Well lit, visible entrances etc.
This all sounds a bit pre-pre match.
But honestly, mate, I long to wake up to some news from home that makes sense. The Nix signing Kane seems more likely. Today it was the turn of Pakuranga, a place with I think a six lane highway with a McDonalds on each side because there’s no getting across all that traffic, and Simeon Brown has got his traffic design hat on removing an cycle functionality at a late stage or after the thing was finished. Similar to his work on the Mahurangi interchange, because it made accommodations for kids cycling to school. Just for bleeding culture war reasons.
That suggests there probably still is a problem with housing supply too. And yeh part of the drop is some intensification happening. The Unitec development Twyford publicised is available in part! It’s uneven across the city but part of it is housing consented under the last government and when there was a bi-partisan deal in 3 storey buildings. Narrative undisturbed? Now that’s ripped up and the Nimbys are back in force.
I always worry about safe parks in walking distance for apartment kids. And supermarkets in walking distance for the elderly. Well lit, visible entrances etc.
This all sounds a bit pre-pre match.
But honestly, mate, I long to wake up to some news from home that makes sense. The Nix signing Kane seems more likely. Today it was the turn of Pakuranga, a place with I think a six lane highway with a McDonalds on each side because there’s no getting across all that traffic, and Simeon Brown has got his traffic design hat on removing an cycle functionality at a late stage or after the thing was finished. Similar to his work on the Mahurangi interchange, because it made accommodations for kids cycling to school. Just for bleeding culture war reasons.