Who the hell cares who owns the home you’re live in?

A news paper editorial was probably written by a bitter inner city lefty with a tinge of jealously.

This week the Reserve Bank released the sort of data on mortgage lending that we have not previously seen. It revealed banks have made three times as many loans to investors as they did to first-home buyers in the past year, and the average amount lent to investors was larger. The figures may not have surprised anyone who has attended house auctions in Auckland but they are hard evidence of what has undoubtedly been happening for a long time.

Nobody should listen any longer to the suggestion that all would be fine if Auckland’s house building matched its population growth. Certainly the city needs to increase its rate of new house building but when three houses out of four are being bought by investors in rental properties, it is going to take more than the country’s capacity to boost supply if New Zealand is again to give all young people a chance to own a home.

Would these be the same young people who have no qualms at all in dropping thousands of dollars on an OE and come home penniless and are now moaning about not being able to buy a house with no deposit because they pissed it away rooting them way around Europe?   Read more »

Hookers upset with Hooker sting that brought down a Labour Lord

It seems that hookers have ethics far more so than the politicians they root.

They’re upset that the two hookers who ran the hooker sting on Lord Sewel have lowered the reputation of hookers in general.

Lord Sewel, eh? Or John Buttifant Sewel if you prefer. By now, we’ve all had the sight of his orange bra burned into our consciousness, seethed as we listened to his racist remarks about Asian women, shaken our heads over the fact that it’s public money – our money – he’s spending on cocaine and sex workers. Lord Sewel has resigned and there are few tears to be shed.

But what of the women in the coke-snorting, bra-wearing, Cameron-slagging video? Purveyors of the “sordid sex party” as The Sun put it. Because, as much as Lord Sewel used these sex workers as props for his naughty night – at one point, you’ll remember, he’s sniffs a line off a woman’s breast – so too has The Sun. Their role is clear: wanton accessories in a lurid scandal.

Well London escorts are fed up with the whole affair. Perhaps none more than Lydia*, who, a few years ago, was herself outed by a tabloid as a part-time sex worker, a situation which cost her a public-sector career and lost her friends.

“Seeing someone’s personal life splashed across the paper still makes me feel sick,” Lydia confides. “Regardless of what you think of them. When it happened to me, it turned my life upside down.”    Read more »

Mental Health Break

“Enter Pyongyang” is another stunning collaboration between city-­branding pioneer JT Singh and flow-motion videographer Rob Whitworth. Blending time-lapse photography, acceleration and slow motion, HD and digital animation, they have produced a cutting‐edge panorama of a city hardly known, but one emerging on the visitor’s landscape as North Korea’s opening unfolds.

 

The Founder of Greenpeace tells The Truth about CO2

WUWT reports:

Dr. Patrick Moore, who was one of the original founders of Greenpeace who left the organization in disgust of their current political zealotry, and Greenpeace is now trying to have him erased from history for daring to do that. He has now produced this interesting video in conjunction with with Prager University that is sure to put some people into conniption fits.

Global Warming activists will tell you that CO2 is bad and dangerous. The EPA has even classified it as a pollutant. But is it? Patrick Moore provides some surprising facts about the benefits of CO2 that you won’t hear in the current debate.   Read more »

Map of the Day

Sponsored by What Power Crisis, click here for a special deal for Whale Oil Readers


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Alaska compared to Pluto


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Scouting is now a bit gay

I have no problem with gays and lesbians in Scouting.

New Zealand Scouts have welcomed a decision by Boy Scouts of America to end a 37-year ban on gay adult leaders.

Scouts NZ chief executive Niamh Lawless said the NZ body had always been “an open, inclusive organisation”.

“We have openly gay leaders and openly gay youth, and they feel really included in the movement,” she said. “We are very pleased to see that Boy Scouts of America has made this decision.”

The American body’s 80-member national executive board made the decision on Monday, two years after a 2013 conference at which about 60 per cent of 1400 delegates voted to end the ban on gay leaders, which was imposed in 1978.   Read more »

Survey on Colin Craig’s reputation

Please think carefully about the following questions before you answer the poll, it could end up part of the evidence in any defamation case where we prove that Colin Craig’s reputation was rooted before he got busted for being a very naughty boy, not the messiah.

Did you think Colin Craig’s reputation was damaged by him resigning for being a “naughty boy”?

Or was his reputation already rooted?

On a scale of one to ten with ten being the most rooted how rooted?

Do you think that Colin Craig is a ratbag?

Do you think that Colin Craig is a ratbag and a very naughty boy?    Read more »

Oh bugger. I hate it when Little and I agree.

Andrew Little is like most Labourites, an abject hypocrite.

He is trying to have his cake and eat it too when it comes to referenda.

If fewer than half of eligible voters take part in the first flag referendum the second should be scrapped, Labour say.

Parliament has this week debated the Flag Referendums Bill, which will set up the two referendums on the flag – the first to vote on an alternative design and the second for voters to choose between the alternative and the current flag.

Labour is opposing the bill despite leader Andrew Little’s own desire for a new flag and its 2014 policy to start the process to secure that change.

Mr Little said that the reaction from the public meant the party did not believe the time was right to change the flag.

“Today we have added two Supplementary Order Papers to the flag referendum bill, one seeking to defer the referendum for five years and the second to stop the final referendum if voter apathy continues at its current level.

“New Zealanders all around the country have told us now is not the right time to change the flag. Almost no one turned up at public events to promote it, millions of dollars were wasted on websites and postcards and a celebrity panel of experts.     Read more »

Photo Of The Day

The Berners Street Hoax.

The Berners Street Hoax.

The Berners Street Hoax

The year was 1809. Famed English author, Theodore Hook, made a bet with one of his close friends, the noted architect and writer, Samuel Beazley, that within one week, he could make any house in London the most talked about place in the city. The house he ended up choosing was the home of the widow Mrs Tottenham on 54 Berners Street, London, which was the same street that Earl Stanhope and the Bishop of Carlisle and of Chester, among other wealthy and well-to-do individuals, lived on at that time.

Mrs Tottenham herself was described by newspapers as “a woman of fortune, it isn’t known why Hook chose Mrs Tottenham’s home as no connection between the two is known and Hook himself never explained his selection. It’s entirely possible that it just happened to be a location where the home across the street could be rented and was also in a fairly well-to-do part of town which would help assure Hook’s plan would work.

At around 4 AM on Monday, November 26, Hook picked up Beazley and the two went to a rented room across from the soon-to-be-infamous home at 54 Berners Street. Remember, this was an upscale location just off Oxford Street. This was a part of London where Lords, Ladies and Earls lived. As the two huddled in the pre-dawn darkness, Hook pointed across the street to the large home, which was owned by Mrs Tottenham.

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The House Today #nzqt

Question time/Questions for oral answer starts at 2 pm today.

Questions to Ministers

  1. Hon ANNETTE KING to the Minister of Health: In light of his admission yesterday that health funding has not kept up with all inflationary pressures under this Government, how will the health budget absorb the increased cost of purchasing medicines that the Prime Minister has said is likely to result from the Trans-Pacific Partnership Agreement?
  2. FLETCHER TABUTEAU to the Minister of Trade: Does he agree with the headlines in the Nikkei Asian Review, “Will TPP end with whimper like Doha Round?”, and in Gareth Morgan’s column, “Could the TPP become Key’s most embarrassing moment”?
  3. TODD BARCLAY to the Minister of Finance: What reports has he received on the outlook for the New Zealand economy?
  4. PHIL TWYFORD to the Minister for Building and Housing:Does he stand by his statement that non-resident foreign buyers in the Auckland housing market are a non-event; if so, on what empirical data does he base that?
  5. PAUL FOSTER-BELL to the Minister for Tertiary Education, Skills and Employment: What progress is the Government making in ensuring overseas-based New Zealanders repay their student loans? Read more »