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"I prefer the former, but we're headed for the latter, given National/Labour oppose wealth tax & believe Govt & debt should be 30% of GDP or lower.
The status quo cannot last. It's already cracking at the seams, mostly via health system collapse and emigration.
thekaka.substack.com/p/inside-nzs..."

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title:

"Inside NZ's Housing Theory of Everything"

description:

"Global market slump just means lower mortgage rates faster & more upward pressure on house prices; Our private rental market is totally unprepared for 300,000 new retired renters; Great power fee news"

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createdAt:

"2024-08-05T20:34:40.775Z"