No wonder our parliamentarians devote so little time to confronting Auckland’s housing crisis.
They’re too busy investing.
Over the past year our 121 MPs seem to have added between them, nearly 20 more properties to their overall portfolios.
The latest register of MPs’ pecuniary interests reveals them owning 245 homes and 71 farms – vacant sections and commercial buildings between them.
This easily cracked the 300 mark that eluded them last year.
Government MPs led the way – averaging three houses each –
– so it’s little surprise they’re in no particular hurry to strangle the golden property goose that just keeps on giving – to them and their baby-boomer ‘investor’ mates at least.