Spare a thought today for the migrants that wash-up in Auckland looking for the ‘Kiwi lifestyle’ only to become the country’s new working poor. Unable to claim benefits to put bread on the table, unlike most Kiwis, they’re reduced to living in squalor to make ends meet.
One postman has written on reddit about the rise of the urban slums in Auckland, in effect shanty towns are growing up all over the place. Migrants are living in squalor, you could be forgven for thinking New Zealand has competed its descent into third world status, because you’d probably be correct
Living in squalor: I’m seeing these rudimentary units pop up almost daily now…
I’m currently a postie in Auckland. Yes- I know many of you are already fed up with the constant barrage of posts surrounding the (mainly) Auckland housing debacle, but here’s something in particular I don’t know many people are aware of.
As a postie you have to know your runs like the back of your hand; as a result you tend to see any changes emerging immediately and here is one of particular interest to many right now I would think. I’m noticing a tremendous amount of these rudimentary units popping up in the back-yards of many a quarter-acre dream property.
To see these things being built at this rate seems somewhat a sign of this difficulty that an entire generation are facing right now – the ability to afford shelter. Recently on r/newzealand we’ve seen a variety of good discussions touching upon this national debacle- restrictions on supply, the voter base, immigration and most recently the idea of a Land Value Tax.
I’ve had a brief look inside one of these things and it’s more or less living in squalor; no insulation, barely enough space to swing a cat o’ nine tails, improvised or shared cooking and washing utilities. A really sorry sight to see first-hand.
I’m seeing it before my eyes now – people are being eviscerated by rents and property prices… an under-class of working-poor.
This is poverty/destitution through and through. Or maybe for some it’s an alternative to crippling rent.
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Alongside diffusing the nation’s reputational risk of being perceived as a tax haven, John Key is once again seeking to reassert himself on the ever-growing angst about foreign investors gaming the New Zealand housing market and driving up prices. National has been loath to adopt a muscular policy posture in which to wrestle with this eel.
Auckland housing prices, in particular, have remained on fire for five years and last October’s introduction of a bright-line test on property speculators, long after the stable door was blown off its hinges, failed to douse the flames. Auckland real estate is now more expensive than Sydney’s…
His default position has been to talk down the significance of the foreign investor factor. You may recall last July he floated the idea of imposing a stamp duty on foreign buyers, to take the heat out of housing market. Treasury actually suggested the measure in their pre-Budget advice last year. It’s the approach Singapore and Hong Kong use, imposing hefty stamp duty on foreign buyers, principally to protect their housing from being gobbled by their omnipotent brother, while maintaining a thriving trading relationship.
But now John Key has junked the idea, claiming a land tax would actually be a more effective tool. He has to be seen to be doing something. As much as most New Zealanders’ are far from convinced that Labour is ready to govern, their core policy commitment to ban non-resident foreigners from buying existing homes commands emphatic public support, and crucially – from middle New Zealand…read on
Note: Most politicians, and many Kiwis, own investment properties – these are their retirement investment funds. Nothing is being done to curb the growth of shanty towns in Auckland. It’s a free for all out there, and guess who comes off worst?