New Zealand Shows Us the Way By James Reed

     With there being many articles on the web about how the elites were buying up land in New Zealand for “bolt holes” when the you-know-what  hits the fan, I was surprised to learn that things may not be as easy for them as they may hope:
  https://amp.smh.com.au/world/oceania/new-zealand-to-ban-foreigners-from-buying-homes-20180811-p4zwwi.html

“Foreigners face a ban on buying homes in New Zealand after a spending splurge by millionaires seeking doomsday bolt-holes crowded out local buyers and pushed up property prices. Home purchases by tycoons such as tech billionaire Peter Thiel, the PayPal founder, and Matt Lauer, the former NBC host who lost his job after allegations of sexual misconduct, have led the New Zealand government to crack down on the trend. The country's allure for the mega-rich planning a safe space to ride out the apocalypse has become almost a cliché in recent years. Reid Hoffman, LinkedIn co-founder, told The New Yorker last year: "Saying you're buying a house in New Zealand is kind of a wink, wink, say no more". But the country's centre-Left government, led by prime minister Jacinda Ardern, is blaming the apocalypse preppers for a major housing crisis, with rates of homelessness among the highest in the developed world.”

     It just goes to show that a socialist government can throw a spanner in the works of billionaire doomsday preppers. I wonder where they will go now? How about Africa  - plenty of land there, and  … safe …

 

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Thursday, 21 November 2024

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