Young Aucklanders will leave....

From: http://transportblog.co.nz/2014/09/26/auckland-cant-afford-to-eat-its-young/

If it becomes too hard to live in Auckland, young Aucklanders will leave. If we can get a better deal elsewhere – higher wages or cheaper housing – we can go there instead. And for many of us, this will mean leaving New Zealand.

Why Auckland/NZ's Economy Sucks?

There are two useful leverage that a modern government could do to help domestic economy:

• Lower exchange rate.
• Lower interest rate.

Exchange rate would help export, in NZ's case, it is about Dairy business. Interest rate would help domestic investment, in NZ's case, it would be many different business.

However, in realities, when exchange rate goes down, foreign buyers will rush to the country and buy properties!

When interest rate goes down, domestic speculators will rush to the bank and borrow money to buy properties!!

A lot of money has beensucks by the property market! 

These leverage won't help the economy at all, but push the property market even high, and bring more risks to the economy.

That's why Auckland/NZ's economy sucks. 

Save Auckland, Help the Young Generation!!

Please

• raise the Property Tax up to 3%, 
• drop the GST down to 5%
• drop interest rate to 3%

It will create a lot of Jobs, and bring down the crazy property market!!

Please don't give a chance for those speculators to run away. If they can run away, other people will hurt more!!

Please help saving NZ's economy!!

Please read this article:

• $18m landlord denies he's the problem

"Young people stand outside a Ponsonby house saying 'I can't afford that'. Well, I would have been the same at their age. Houses are affordable if people are realistic. If you have a combined income of $130,000 a year, you should look at buying out west, at Glen Eden and Glendene. I don't recommend Avondale due to socio-economic factors but South Auckland has opportunities, particularly Manurewa and Papatoetoe."