"Survival of the Richest"

[Suvorov]

Rome didn't fall in a day- it ticked around until roughly 1453.

And was finally brought down by the same people who are likely to bring this one down.....

[blues]

Rome didn't fall in a day- it ticked around until roughly 1453.

And was finally brought down by the same people who are likely to bring this one down.....

Aren't they getting a little long in the tooth by now?

[Glenn E. Meyer]

Matt Lauer in conflict with native NZ folk:

https://www.theguardian.com/world/20...access-to-land

Nothing like having some rich rapists use your country for a sanctuary. Doesn't NZ have a lot of sheep though?

[BCG]

In an interview with The New Yorker, Hoffman, the billionaire LinkedIn cofounder, recalled a time when he thought of visiting New Zealand, and a friend asked him if he planned to buy apocalypse insurance. The small island nation has become a top destination for preppers.

"Saying you're 'buying a house in New Zealand' is kind of a wink, wink, say no more.

It seems that New Zealand is putting a stop to this. Apparently, foreign billionaires buying property is driving up housing prices, with locals unable to compete in the housing market.

Apocalypse NO! New Zealand Is Set To Ban Foreigners Buying Homes After Super-Rich Trend Of Creating Luxury Doomsday Bunkers Pushes Property Prices Up

• Rich expats making doomsday bunkers 'increased New Zealand home prices'
• So the government is now set to ban foreigners from buying homes
• It comes after purchases by Peter Thiel and former NBC host Matt Lauer

by Jessica Green For Mailonline

published: 04:29 EDT, 11 August 2018 | Updated: 13:57 EDT, 11 August 2018

New Zealand is set to ban foreigners buying homes after a spate of millionaires creating luxury doomsday bunkers has apparently pushed property prices up for local buyers.

It comes after purchases by PayPal founder Peter Thiel and disgraced former NBC host Matt Lauer, who lost his job after allegations of sexual misconduct.

The country's centre-left government, led by Prime Minister Jacinda Ardern, has blamed the wealthy expats for their major housing crisis with homelessness rates being among the highest in the developed world.

Ms Ardern says the law change banning foreigners from owning most types of homes in New Zealand - due to pass in parliament next week - will help decrease property prices.

This along with plans to create 100,000 affordable housing units in a decade will solve the country’s infrastructure woes and its weak construction industry.

The trend of the super-rich planning a safe space to ride out the apocalypse in New Zealand has become ‘almost a cliche’ in recent years, report The Telegraph.

LinkedIn co-founder Reid Hoffman told The New Yorker last year: 'Saying you're buying a house in New Zealand is kind of a wink, wink, say no more.’

The new bill will allow non-residents to buy new apartments in large builds, with existing homes only being made available to people from Australia and Singapore, due to free trade rules.

Yet David Parker, Minister for Trade and Economic Development, said the bill, which he is responsible, for isn’t only about house prices.

‘In this world of concentrating wealth, we don’t want this coterie of ultra-wealthy people overseas being able to outbid successful New Zealanders for what is our birthright, not theirs,’ he said.

...

source: https://www.dailymail.co.uk/news/article-6049929/ , via Kim du Toit ("Here in north Texas, we’re facing a similar situation with regard to both Californians and Yankees moving into the area — real estate prices are constantly increasing", 08/16/2018).

In the "The South African Land Grab Has Begun", there were some suggestions that South Africans move to New Zealand:

Interesting that the farmers are considering immigrating to Russia. I understand the appeal for the Russians, but I am less sure of the appeal of Russia for the South Africans. Why not Australia, Canada, or New Zealand? Or even the USA?

I'd think the Commonwealth countries such as Canada, Australia, New Zealand, etc., would be welcoming to them.

I'm not sure how this move will affect that idea.

The issue of rich foreigners driving up housing prices was a topic on last week's episode of the Sky News program The Pledge ("Bricks for Brits")


https://www.youtube.com/watch?v=YyTxenHkJZ4

Greg Dyke on the housing crisis

Sky News
published on Sep 14, 2018

Greg Dyke argues we should follow New Zealand and ban overseas buyers from purchasing residential property in the UK.

He thinks this will ease the housing crisis and make property more affordable.

This also ties in with the earlier discussion here about "Economic Disparity and Associated Social Issues", which I really need to get around to composing some replies. Otherwise, some of you people will continue to be wrong...