The New Zealand Herald

Property bubble must pop soon

-

Your editorial ( NZ Herald, April 16) on consumer goods’ inevitable price hikes and a — possibly inevitable too — collapsing of house prices is what many have seen coming for a long time.

Shortages of supply in both consumer goods, including food, and residentia­l housing have driven up prices totally out of step with median wage rises, but one thing is for sure; when the NZ housing price bubble bursts, there will be total mayhem, because consumable­s (including food) will become even more unaffordab­le, just when existing home debts are going to be unservicea­ble.

This is why I don’t understand that the Government is not planning and implementi­ng substantia­l emergency fund buffers, from where this inevitable popping of the property balloon can be alleviated and from where its fragmentat­ion result can be softened, rather than an implosion of epic proportion­s.

Whilst we hope the Covid bubble will eventually fade away, the property bubble is so over-inflated that it almost has to pop one day soon. Even if it doesn’t happen tomorrow, the Government will have to find ways to minimise excessive spending in certain and obvious areas, and redirect these funds into a safeguard for the entire nation. Not much and not many will be spared once our precious property balloon has run out of gas.

Rene´ Blezer, Taupo¯.

Fertile land

Ordinary citizens have been saying for years that “urban sprawl is swallowing up New Zealand’s best vege-growing land at a dramatic rate, threatenin­g our ability to feed ourselves” ( NZ Herald, April 16). So why has it taken so long for a government report, Our Land 2021, to notice?

Once this land is gone it’s gone, permanentl­y. Has anyone considered how it will affect climate change when a fleet of aircraft and ships will be needed to import our fresh produce? And how our health will suffer when the cost of our fruit and veges rise?

Residents of the most fertile growing areas around Auckland have seen the land being swallowed up by new subdivisio­ns, with still more land, including wildlife habitats, being razed for still more building.

And yet there is still, apparently, a “housing shortage”. Tell that to the residents of, say, Pukekohe in the south and Whenuapai, Hobsonvill­e, Kumeu, Huapai, rewa, Silverdale in Auckland’s northwest which are an ocean of closepacke­d new houses and commercial buildings, with thousands more being built.

Anne Martin, Helensvill­e.

Partisan advice

In the lexicon quango means “quasiauton­omous non-government organisati­on” — and describes the Climate Change Commission (CCC) to a T.

Reading the 188-page report is interestin­g and several idiomatic points arise. The words “fair” and “equity” seem CCC favourites, as is “Aotearoa” (mentioned 635 times) instead of “New Zealand”, (mentioned twice). Also, hard to find in this report is considerat­ion of “innovation” and the contributi­on it will make to the climate change fight.

As an example, the Otago Daily Times reported on the innovation of a potential vaccine to reduce the greenhouse gases of cows by 30 per cent. Similarly, reductions can also be made by changes in stock feed. Later, we have the innovation of seaweed used as feed to reduce methane emissions by cows. Not forgetting our sheep, we have the innovation of breeding sheep that produce significan­tly less methane.

New Zealanders are innovative, and our ideas and adaptions deserve considerat­ion before we panic, slash stock numbers by the CCC suggested 15 per cent; thus killing the golden calf, the backbone of the NZ economy.

The quality of the report seems limited by the perspectiv­es of the quango and it would be harmful if the NZ Government created policy based on partisan advice.

Mike Schmidt, Sunny Hills.

Kindness to nurses

Whilst the district health boards (DHBs) negotiate nurses’ pay rises, ultimately the government provides the funding, to cover the increases negotiated, with the alternativ­e being a reduction in levels of health services.

The nurses’ current collective agreement expired in July 2020 and, especially with what the profession has been facing in the past 12 months with the Covid pandemic etc, a pay rise averaging well in excess of 1.38 per cent is well deserved. An offer at 1.38 per cent is an insult.

We are also aware that hospital boards are struggling to find staff, with many operating with significan­tly fewer staff than it is sometimes safe. This offer will do nothing to attract more to the profession or retain existing nurses.

Many nurses earn significan­tly less than other government workers, such as teachers, and for the government to advise the DHB’s that they must contain future salary increases, which obviously they did, is just not being kind which our PM likes to promote.

Unless a more reasonable offer is made I believe that nurses will go into battle for better terms and conditions which could be at great cost to the community.

Mike Baker, Tauranga.

Te Huia potential

The average number of passengers on the new Hamilton to Papakura rail service is only 36 per trip.

Why not offer a $5 round trip to those with a SuperGold Card? This would provide a triple benefit, more income for New Zealand Rail; a means of brightenin­g up the day for the elderly; and some extra business for the retailers and cafes at either end.

Bob Wichman, Botany.

Town Hall maul

We seniors were looking forward to our evening of symphony music at the Auckland Town Hall. But wait, we need to be escorted to a staff lift because the main Town Hall lift is out of order.

After a lovely concert, and in good spirits, we descended to the car park to our mobility park. The lift and pay machine at the foot of the steps have not worked for months. So we headed to the two machines beside the Aotea Centre steps, but only one was in service for the large crowd paying for their parking.

Something malfunctio­ns, the queue grows restless, but the parking warden is friendly and helpful. Eventually we get to the machine to collect the necessary ticket to exit the parking garage.

I am left wondering how the wheelchair-bound man in front of me got to the garage? The warden had no answer as to why the malfunctio­ning machines are in this sorry state.

Auckland Transport and Auckland Council, what are you doing about this?

Chris Berman, Henderson.

Core services

Yesterday, I was involved in my weekly delight in taking a grandson to afternoon swimming lessons and then rugby practice.

This soured when surroundin­g the city Tepid Baths were cones prohibitin­g twothirds of usual available parking, including disabled parking by the pool. On inquiring, one discovers Auckland Transport has some new scheme to take out car parks but no one actually knows what is happening other than disruption will result.

Next, to Western Springs with about 200 children and adults enthusiast­ically involved in rugby practice. Unfortunat­ely, the council toilets are closed.

I still had an enjoyable time with my grandson but what do we pay our rates for? To allow a non-elected, nonaccount­able council company to deny pool users parking access. Then to allow elected accountabl­e council operations to ignore their obligation­s to provide necessary toilets? What has happened to basic and core services?

Gary Gotlieb, Herne Bay.

Vicious cycle

I assume the various opinion writers promoting bicycles on the Harbour Bridge have absolutely no intention of actually pedalling over the bridge themselves on a regular basis.

The steep grade from either direction is daunting, not to mention frequent high winds and rain.

I would like to know how any projected number of users could even be calculated to justify any further squanderin­g of taxpayers hard-earned money. Just counting the number of motorbikes using the bridge currently would confirm how unappealin­g this option would be.

I am all for providing bike lanes into new infrastruc­ture, but where the topography is suitable.

Ken Yallop, Titirangi.

Continue the conversati­on . . . Kerre McIvor Newstalk ZB 9am- noon

 ??  ??

Newspapers in English

Newspapers from New Zealand