- Jan 14, 2016
Prime Minister Ardern gets to work on saving New Zealand after years of Neo-Liberal misrule
Here in Ireland we have a situation where young people can't afford to get married, settle down and raise Irish children - because the Leinster House Landlords' and Estate Agents' Régime welcomes foreign money driving up home prices out of the reach of Irish youth.
This was also the situation in New Zealand, but now NZ has a new Nationalist \ Labour government that wants to put the people of New Zealand first. Indeed, the name of the new Nationalist party is New Zealand First.
The new Prime Minister, Jacinda Ardern, is bringing forward legislation to stop foreigners buying existing homes. That will certainly be a help, but I think a full ban on foreigners buying homes and land is needed.
In her first interview on being elected, Prime Minister Ardern branded Capitalism a "blatant failure."
Ironically, it has been the Chinese who have been driving home prices through the roof in New Zealand and Australia - and yet the Chinese government does not allow foreigners to own land in China at all.