David Palmer

Christchurch - 🏳️‍🌈 - Dad - 👨‍👩‍👧‍👦

  • 33 Posts
  • 19 Comments
Joined 1 year ago
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Cake day: June 10th, 2023

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  • If the owner knows the value of the land is just gonna keep going up with no additional effort on their part, why spend the money to build anything on it? May as well just sit on it with the eventual promise of a fat untaxed capital gain. This is how land banking works.

    People need to be punished because it’s been over ten years and as I look out my office window right now I can see two derelict decaying buildings and two enormous empty gravel lots. You’re really happy for our central city to remain half-finished indefinitely? It’s a national embarrassment that we haven’t managed to rebuild the city yet.