Links 8 December 2021

Global Macro / Markets / Investing:















Latest posts by Chris Becker (see all)


  1. Hugh PavletichMEMBER

    New Zealand housing …flooding the market with new stock …

    Bipartisan housing deal: Weakening of ‘townhouse bill’ estimated to only cost 1690 Auckland homes … Henry Cooke … Stuff NZ

    Official analysis shows the proposed changes to the bipartisan housing bill will only cost 1690 potential new dwellings in Auckland.

    Labour and National are both backing a move to weaken the bill they negotiated together to zone for far more medium-density housing in New Zealand’s major cities.

    The two parties struck a deal to pass a massive change to zoning laws in October, allowing three-storey three-dwelling buildings on residential land in major cities without resource consent. … read more via hyperlink above …

    Southern migration – cheaper housing is helping Christchurch snap up some of the 13,500 people who quit Auckland in the past year … Amanda Cropp … Stuff NZ–cheaper-housing-is-helping-christchurch-snap-up-some-of-the-13500-people-who-quit-auckland-in-the-past-year

    Mega landlord says ‘wind change’ in market could see prices fall 20 per cent … Geraden Cann … Stuff NZ

    Median Multiples |

    • Do you actually know the Melbourne hospitality sector? Of course there are shortages when many left the sector in ’20-21 uring Covid reflecting how Australia’s permanent workforce population, like elsewhere, is in decline; but as always it’s those immigrants…… careful what you wish for on behalf of ‘Australian’ employees….

      We have become an old nation due to ageing ameliorated by modest permanent migration and more significant temporary churn over of students, backpackers etc.. Some circles e.g. finance jock straps, they are happy to have closed borders concluding that no Australian can refuse a job, then while we are at it, remove JobSeeker…. ‘radical right libertarian’ trap

      • OH, so now is the time to panic ?
        “Have you joined the mob you say ?
        Doesn’t money mean anything ?”

    • The Traveling Wilbur 🙉🙈🙊

      Yes this version of the Omicron virus being, apparently, not just likely to have asymptomatic effects on patients but also be undetectable through testing.

      The died with COVID stats will no-doubt sky-rocket to cover all potential deaths from the new strain.

      (self LOL, just had to get that out before we have to read screads and screads of copy pasta from the science deniers saying exactly that, but with so many more words – at least the above was vaguely funny)

  2. reusachtigeMEMBER

    That Labor stooge Jordan Skanks is really copping it today from the femi-nazis and their beta-male supporters. LOLOLOL