Articles tagged Arthur Grimes

For the convenience of subscribers, here's my weekend column in which I challenge the knee-jerk idea that a big fall in Auckland house prices would automatically kill the economy and destroy the banks.

For the convenience of subscribers, here's my weekend column in which I say politicians of all colours failed the Arthur Grimes test this week because they favoured the short term interests of speculators and developers over the longer term interests of families living in their own homes.

Updated

They should be known as the lucky generation. The slump in inflation and interest rates over the last 30 years created a half a trillion dollar windfall for a generation of property owners that cannot be repeated. A land tax would help give the new landless generations a leg up.