You know this system is buggered when just a single investment propery alone (e.g an average 3 bedroom stand alone / single family house) one happens to own is apperciating in value faster than what one earns in their main job. And that is before considering the taxman coming to take his take off of my salary.

Sadly, none of the politicians I spoke to in the lead up to our last elections gave a hoot. National Party candidates in particular – they didn’t seem to care about the social impact of house price speculation and in fact seemed to be incredulous that I would vote against my own financial self interest.

Yeah well, what pride is there to live in such a socially and economically divided society? We’ve already long since lost our our egalitarian identity and we are already losing our social cohesion.