Foreign buyer figures: National must denounce land tax

BY David Seymour at 10 May, 2016

ACT Leader David Seymour is calling on National to denounce its proposed land tax in the wake of figures showing low numbers of foreign house buyers.

“Confirmation that 97% of property sold in the last three months went to New Zealand tax residents shows that the fuss over foreign buyers has been pure political scapegoating.

“It was bad enough when it was the opposition blaming house prices on foreigners. National should never have sunk to

Housing costs even worse than we thought

BY David Seymour at 17 February, 2016

“Yesterday in question time I sought to draw attention to how much worse housing costs are than university costs for young Kiwis.  But after checking the latest data, it’s even worse than I thought,” says ACT Leader David Seymour.

“The average student loan balance for tertiary leavers is about $14,000.  The price of housing over the last three years (the typical university study period) has increased by $78,000.  So costs incurred by house price inflation

Baby boomer government lets down a generation

BY David Seymour at 25 January, 2016

The 12th Annual Demographia International Housing Affordability Survey is a reminder of how little resolve the Government has applied to fixing a dysfunctional housing market.

“Watching the Annual Demographia updates is a reminder that a Cabinet of baby boomers has done nothing effectual on housing affordability,” said ACT Leader David Seymour.

“In a past life I was a spokesperson for Demographia and I watched the Auckland market grow progressively out of control.  Where

Taxation (Bright-line Test for Residential Land) Bill — Third Reading

BY Danae Smith at 12 November, 2015

DAVID SEYMOUR (Leader—ACT): We are, indeed, a House of Representatives, and was that last speech from Marama Davidson not 5 minutes of raging self-righteousness with very little to do with the bill? This bill is a public policy abomination. It is one the ACT Party will be supporting, because it is a Budget commitment, and supporting Budget commitments helps to keep those people over there in Opposition and these people over here in Government. From

David Seymour to the Minister for Building and Housing

BY David Seymour at 27 August, 2015

DAVID SEYMOUR (Leader—ACT) to the Minister for Building and Housing : Does he agree with the Deputy Governor of the Reserve Bank that the key problems with housing supply are “a limited supply of land ready for building; restrictive planning processes, and a lack of coordinated planning in infrastructure development”?

Hon PAULA BENNETT (Minister for Social Housing) on behalf of the Minister for Building and Housing : Yes, that is why