10-09-2025, 06:15 AM
(09-09-2025, 03:40 PM)Lilith7 Wrote:(09-09-2025, 03:32 PM)harm_less Wrote: Or more accurately price rises due to the supply and demand model benefit existing owners (in property terms) and suppliers (in retail) so long as there is enough elasticity in the market for those increases to be tolerated. Those on the buyers' end of the equation are generally impacted negatively.
That'll be why vulture landlords form Auckland descended on a small town in the SI & bought up those for sale ex state houses. And then proceeded to rent them out.
At Auckland prices....
of course they did
The problem with socialism is you eventually run out of other people’s money