Tagged: foreign property speculation

Breaking news: Occupations extremely likely to be property speculating

Cartoon by Vincent Konrad for Socialist Review - used with permission

Cartoon by Vincent Konrad for Socialist Review – used with permission

I have undertaken cutting-edge statistical analysis of the Register of Pecuniary and Other Specified Interests of Members of Parliament, which has revealed some shocking information.

People of the following occupations are all extremely likely to own real property beyond the family home and Māori land interests:

Labour MP: 50%

National MP: 76.27%

Green MP: 50%

NZ First MP: 58.3% or 61.54%*

United Future MP: 100%

These rates are all extremely high – far higher than any ethnic or national group, for example. It is clear what we must do to curb property speculation and solve the housing crisis: Ban MPs from buying property in NZ.

*Info not available for new MP Ria Bond.