Bulletin 25/7/2017

Summary:

National’s Twitter account is cherry-picking statistics and quoting out of context again – the reality is that the property market is fragile and the last eight years of economic growth have gone to the top instead of lifting people out of poverty.  Labour talks about their housing, healthcare, and immigration policies.  ACT wants more immigration.

 

Echo Chamber National:

Kaikoura highway:

 

(!) From the linked article, “The report said there was headroom for growth but it was possible the Hawke’s Bay commercial properties were at a valuation peak, or approaching it.  “It seems likely that 2017 could be overall another ripper for New Zealand and Hawke’s Bay commercial-industrial property, however, with heightened risks that could conspire to spoil the party and maybe at short notice.”  Associate director Kurt Richards said: “This is possibly typical of a market, at or nearing its peak.””  Also, the article says retail vacancy is improving, and fewer vacant properties are better, but the person in charge of National’s Twitter account thinks “vacancy is up” is a good thing:

 

(!) This claim picks the most favourable statistic, without considering how much of that income is disposable.  On page 110 of said report, the increase in median disposable income after housing costs is from 2008-2016 is shown to be around 5%.  For the bottom 10% of income earners, the increase is less than 1%.  For the top 10% of income earners, the increase is around 10%.  Quote “Using the AHC moving line (relative) measure (60%),the population poverty rate was in 2016 the same as what it was in the recession and in the early to mid 2000s. Rates in 2013 to 2016 were roughly double what they were in the 1980s.”:

 

Echo Chamber Labour:

On immigration:

 

On housing:

 

On health funding:

 

Echo Chamber Green:

On conservation funding:

 

On housing and poverty:

 

Echo Chamber New Zealand First:

Nothing significant.

 

Echo Chamber Maori Party:

Nothing significant.

 

Echo Chamber ACT:

On freedom of movement:

 

On immigration:

 

Echo Chamber United Future:

Nothing significant.

 

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Author: sckchui

Aspiring author and armchair philosopher, I seek to understand the world, people, and myself. Through my writing, I seek also to share all that I've found.

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