Posts by Kalka River
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"But can Labour conclude on the preponderance of all available evidence from the aggregate data that there is likely a large impact of offshore investment from China in Auckland’s real estate market? Yes."
No.
What a effing stupid conclusion.
All you can conclude, is that people of Han Chinese ethnicity are disproportionately involved in house buying, relative to their percentage of the population in Auckland.
You then cannnot simply jump to the conclusion that this is is “likely a large impact” on the market—–cause the market is affected by a whole lot of other factors.
What has the large impact requires a far more fine grained analysis - not this babyish crude shit that you and Twatford put out.
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"While we are to welcome truckloads of migrants and enjoy minority status in China 91% are of one ethnicity."
Hey JH ---Pakeha New Zealandres are about 70%? of NZ ----is that minority status.
There have been more white immigrants from UK + South Africa etc than Chinese over the past 10 years ----what is your view of them.
And about 90% of the UK is also white ----does that mean we ban white migrants to NZ
So you are real confused dude.
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Speaker: Identification strategy: Now…, in reply to jh,
While we are to welcome truckloads of migrants and enjoy minority status in China 91% are of one ethnicity. Also “More than 94 per cent of Chinese permanent residents and more than half of those with NZ citizenship told University of Auckland researchers that they felt a greater sense of belonging and identified more with their country of origin than New Zealand.”
The fact that you highlight the Chinese in this regard shows your deep seated racism.
Firstly remember the world cup ---yeah, the oval ball one four years ago. Who do you think local born Samoans and Tongans supported----they came out in droves and flew their flags all over the place, welcomed their respective teams, and some would even support Samoa over the All Blacks.
Same with South Africans. Same with English migrants ---who are extremely attached to the UK. I have Italian NZ friends who identify with Italy more than NZ. True.
And how many generations did it take before Pakeha New Zealanders stop calling England 'home'
So again.....it is singling out the Chinese for something everyone else does anyway.
That is racism.
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Let’s reframe the problem:
<b>“Greedy kiwi homeowners shutting out their fellow countrymen from home ownership by selling out to foreign interests”</b>
The source of the money, or the race of the person with the money should be irrelevant.
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<i>Well, we have a good comparison case to test this idea: the ethnically Indian population in Auckland. It has 8% of the population, 6% of the high-earning population, and it is growing even more quickly than the ethnic Chinese population, including through immigration at similar rates. That means the Indian population is subject to similar dynamics of incoming capital for new residents, and has the same need to find new places to live.</i>
Effing stupid that is....the Indian age, earning profile is heaps different. For example Indians are allowed large families. Quite possibly for every one productive Indian investor in the country there are more kids, and brothers and sisters here through chain migration.
Whereas for every one Chinese there are hardly any kids, brothers sisters etc.
Does Twatford not know that not only in China where it is enforced, but most East Asian places including Hong Kong and Taiwan have the lowest friggin birthrates int eh world? Whereas the subcontinent has much higher birthrates.
You need to consider the age profile, the earning potential, and the average net worth.
By the way this analysis is bullshit.
Don't want foreign buyers of land. Just friggin ban it then. Probably won't make a difference to prices.
Banning land sales to foreigners is not racist.
But Twatfords pathetic little stunt is.
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OnPoint: My last name sounds Chinese, in reply to Alfie,
I support foreign investment which helps our country to grow – but selling off the family silver is short-term thinking.
Actually I agree. But the fact that you are jumping up and down like a bitch on heat over the Chinese shows what a racist prick you are.
If your wife sold off the family silver without your knowledge or your approval, who do you blame ---obviously your wife! You don't go round screaming your head off and crying like a girl to the buyer right? Not his fault. And he gave you a great price for it.
Problem with people like you is you can't stand the fact that a non-white power is rising and non-white people have money.
That's your problem. And that's the problem of a lot of people all over the West.
While cry your eyes out all you want ----China is going to be the big power, is the big power, but will be the biggest soon. The US of effing A has had its day. And a good thing that is for peace and prosperity throughout the world.
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OnPoint: My last name sounds Chinese, in reply to chris,
This is antiquated: distinguishing between the name’s Ng and Nguyen, perpetuating this perception, the perception that no Vietnamese person has ever crossed that border to China and kept their name.
What an idiotic post.
By Chinese sounding names we mean names that belong to the dominant Han ethnicity, dominant by numbers you idiot.
Just like if we said English sounding names, we would probably mean 'Smith' or 'Watson' or 'Twitford' or whatever.....or Russian names like 'Putin' 'Zhukov' and 'Pavlov'
That's obviously no disrespect to the minorities of those countries.
Obviously we are talking of Chinese as an ethnicity, not citizens of China.
Similarly Russia is called Russia and there is an ethnic group called Russians, but there are heaps of minority groups within.
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OnPoint: My last name sounds Chinese, in reply to Alfie,
The reason China is mentioned so often is that they're the predominent foreign buyer worldwide.
What bullshit. And even if it was the case so effing what? China has the biggest population.
On a per capita basis China is way behind Australia, the US, and other Western countries.
In absolute terms China's acquisitions are about the same as the US
United States, the UAE and China all constitute around 12 per cent of deals
India with 8 per cent
Egypt and the UK with 6 per cent
South Korea with 5 per cent
South Africa, Saudi Arabia, Singapore and Malaysia all with 4 per cent.