Dawn Chorus for Friday, December 29

The Kākā by Bernard Hickey · Dec 28, 2023 · 42m

TL;DR: The Government spent around $1.5 billion on emergency housing in the last five years and is now spending upwards of $7.1 billion a year on accommodation supplements, rent subsidies, first-home-buyer subsidies, motels, caravans and transitional housing. Stuff Federico Magrin

One argument given against fixing Aotearoa-New Zealand’s housing supply and demand crises to lower the most expensive housing costs in the world is that it would cost taxpayers too much and endanger the tax-free gains of the homeowners who decide election results. They argue higher or different taxes and more…