Chinese Investors spending up big in NZ

[Davo36]

What?
The drug money is now the cause of the house inflation in Auckland?
A bit of a stretch really!

How so?

If you have hundreds of thousands in drug money sitting around, you don't care if you pay $700k or $800k for a house.

[Wayne]

How so?

If you have hundreds of thousands in drug money sitting around, you don't care if you pay $700k or $800k for a house.

While that is true how often does this happen?
It would have to happen a lot for it contribute in any real sence to house inflation in Auckland.
Once or twice and it is just a pricing minor anomoly.

[speights boy]

While that is true how often does this happen?

What: proceeds of corruption in countries such as China being used to buy property around in NZ ?
Why not ask our Govt for the data they have collected on that subject..........oh, that's right, WHAT COLLECTED DATA ?

[Davo36]

What: proceeds of corruption in countries such as China being used to buy property around in NZ ?
Why not ask our Govt for the data they have collected on that subject..........oh, that's right, WHAT COLLECTED DATA ?

Nothing to see SB, move along...

[Wayne]

What: proceeds of corruption in countries such as China being used to buy property around in NZ ?
Why not ask our Govt for the data they have collected on that subject..........oh, that's right, WHAT COLLECTED DATA ?

Are you not able to follow context?
From Davo
You know why, it's drug money fuelled by drug precursors imported from China - where most of our 'P' precursors come from now.

So this, along with straight cash coming from China, has an inflationary effect on our house prices.

I'm not talking about proceeds from corruption in China.
I'm talking about proceeds from drug money even if the precursors come from China.

[eri]

xenophobia

is a very strong, deep human emotion

reason

doesn't really come into it

[speights boy]

it is always a worry when some people seek to suppress discussion of cogent
topics of concern by branding the person as racist or the topic as xenophobic.

Quoted for truth.

[elguapo]

xenophobia

is a very strong, deep human emotion

reason

doesn't really come into it

Xenophobia is a very rare condition.

[eri]

Quoted for truth.

are you annoyed

the gov. hasn't done a survey

on how much chinese drug dealers

are driving auckland price increases?

[PTWhatAGreatForum]

meanwhile i see the chow boys are wanting to sell off their superbrothel site

AFAIK they are NZ citizens so irrelevant to the whole "overseas" debate.

[eri]

meanwhile

in another thread

i see michael is full of himself

no wait

it's irrelevant

or is it?

[Davo36]

eri, you're cracking me up tonight!

Yes, god-dammit, I demand a survey of the number of houses bought and prices paid by foreign Chinese drug dealers!

And an investigation into the relevancy of MichaelNZ - and his shady internet goings-on.

[PTWhatAGreatForum]

eri, you're cracking me up tonight!
....
And an investigation into the relevancy of MichaelNZ - and his shady internet goings-on.

^^
Two people with nothing better to do....

[eri]

come on!

at least 3

[PTWhatAGreatForum]

come on!

at least 3

Either way, some right wingers are a bit precious.

Debating with some in the ACT party youth division is more honest.