TVNZ Bernard Hickey talks to Alison Mau on TVNZ's Breakfast the looming clash of the generations
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You are incorrect tanerakau - Untaxed property investment is obviously ultimately destructive to our economy. With investment going to housing bubble instead of business that can create jobs young talented Nz s will leave as already there are not enough jobs that pay well enough to buy housing -perhaps youd like to declare your property interests. Untaxed property investment is parasitic
bathory777 2 years ago
Bernard, why don't you lead by example. This kind of toy-tossing pseudo-intellectual snivelling is you stock in trade but doesn;t impress those of us who have saved and bought houses and got on with our lives. I'm not an X, Y or Z person, but not a boomer either. I just fit in between and work hard and look after my family. You on the other hand have a huge chip on your shoudler about property. Scaremongering isn't going to change how things are.
tanerakau 2 years ago
Sense?? Hello this is total drivel. Gen Y need to be told to buy their own home and stop buying flat screen TV's and new cars. Patent anti wealth nonsense IMHO
DeanLetfus 2 years ago
He made a lot of sense. Great stuff!
deamze08 2 years ago
high inflation will do it...
the erosion of real wealth...
we just need the housing sector to be slow to catch on
murtleman224 2 years ago