Re:New Zealand to ban foreigners from buying existing houses
by AdeptusAquinas on Thursday October 26, 2017 @06:10PM
(#15563612)
The full quote from the 'socialist PM' was 'If you have hundreds of thousands of children living in homes without enough to survive, that's a blatant failure', which is accurate; the reason why we have government regulations is to address market failures.
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Re:New Zealand to ban foreigners from buying existing houses
by dzhiurgis on Thursday October 26, 2017 @07:33PM
(#15564211)
> hundreds of thousands of children
I don't think there is that many children in NZ. Let alone living in poverty.
Re:New Zealand to ban foreigners from buying existing houses
by AdeptusAquinas on Thursday October 26, 2017 @08:11PM
(#15564448)
Roughly 20%, so around 950k of NZ's pop are under the age of 15.
Of those it is estimated 20% live in poverty, so roughly 180k.
These numbers are not hard to find.