How odd, says the Herald, that we scared people into being fearful of foreigners buying houses

The lack of self-awareness is breathtaking as the Herald writes

People continue to fear foreign investment as the biggest driver of property prices even as figures show they account for very little of the total sales.

The latest Property Institute Poll showed the public still ranked foreign buyers (7.3/10) as having the biggest influence on prices, ahead of developers (7/10) and local investors (6.3/10).

This fear was reflected when a Harcourts real estate agent was subjected to a huge public backlash after posting about successful sales to overseas buyers.

However, statistics show the reality that buyers from overseas make up a small proportion of actual sales.

The latest Land Information New Zealand (LINZ) data shows that in the first quarter of this year only 2 per cent of buyers were from overseas.

The Labour party were singing from the same song sheet for years.  Chinky Twyford led the charge and the NZ Herald was there boots and all forcing the Labour party line down everyone’s throat in the absence of any hard evidence.  

But now that the Auckland market is going soft, the NZ Herald’s largest advertisers are getting worried about their own mortgage payments.   “The perception” the yellow peril has killed the Auckland market needs to be turned around.

Oh no!   We were all wrong all along you see.  It’s our fault for being scared of Chinky sounding house buyer names.   Or is it?

Labour and the NZ Herald can own this one.  They were superbly effective at whipping up negative feelings against a group of people we can easily identify because of their physical features.

 

– Corazon Miller, NZ Herald


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As much at home writing editorials as being the subject of them, Cam has won awards, including the Canon Media Award for his work on the Len Brown/Bevan Chuang story. When he’s not creating the news, he tends to be in it, with protagonists using the courts, media and social media to deliver financial as well as death threats.

They say that news is something that someone, somewhere, wants kept quiet. Cam Slater doesn’t do quiet and, as a result, he is a polarising, controversial but highly effective journalist who takes no prisoners.

He is fearless in his pursuit of a story.

Love him or loathe him, you can’t ignore him.

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