Sunday, April 13, 2008

Why you won't see any true affordable housing

(hattip: NZ Herald)


* Townhouse: Wellington
* House: Auckland
* Apartment: Christchurch
* Investment property: Rodney district
* House: United Kingdom

* Beneficial interest in Burke Trust and FG Clark Family Trust
* Funds in Government Superannuation scheme
* Bank of New Zealand bank deposits

And just as we have seen what happens to Boarding Houses that try to open in HC's suburb; roads that are going to go near her; airports changing ownership in the same city et al - you can bet changes that might affect the prices of her investment properties aren't going to go through any time soon...

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