Latest / The Kākā by Bernard Hickey
It's always, always about land, land, tax and tax
TL;DR: The failure of yet another pre-fabricated house builder and a legal threat against our biggest council to force more greenfields development are two more signs, if we needed them, that our economy and society are now just a residential land market with bits tacked on.
These two latest events again demonstrate the massive skew in our tax settings in favour of housing land ownership has so changed the DNA of our political economy that nothing really changes without the removal of that skew. They also show the election debate we’re having has yet again failed to address the three…
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