We do need help to sort out our problems and I'm sure such aid would be appreciated.
But central government control of our destiny by way of proxy commissioners is not by-the-people democracy.
Geoffrey Fowler
Pyes Pa
Housing solution
How to slow the house price inflation rate
Seventy-five per cent of Kiwis believe the Government should step in to lower house prices, according to a TVNZ report.
The Government should step in but not by putting taxes on property owners as the Green Party suggested.
In Melbourne, there is an annual land tax, stamp duty and capital gains tax. The Melbourne ratio of average household income to average house price is 11 times. In Auckland the ratio is 10 times.
Clearly the taxes in Melbourne are not having the desired effect to dampen house prices.
The Government needs to increase the supply of houses to lower the rise of house prices. This is simply done by offering a significantly increased profit margin for builders under the current Kiwibuild scheme and proactively communicating with building companies to entice them to build lower-value houses in the right locations for Kiwibuild.
I have no association with the building industry.
Adrian Knowles
Matua
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