1
00:00:00,040 --> 00:00:01,759
Speaker 1: In the past week, we've been dealing with three houses

2
00:00:01,840 --> 00:00:04,040
Speaker 1: right currently for sale. They are what you would loosely

3
00:00:04,080 --> 00:00:06,760
Speaker 1: call high end houses, and as you wander around with

4
00:00:06,800 --> 00:00:09,159
Speaker 1: the agent, the usual exchanges take place about size and

5
00:00:09,240 --> 00:00:11,560
Speaker 1: quality and renovations in street and area, and talk about

6
00:00:11,560 --> 00:00:13,320
Speaker 1: the market, what's the bible, that sort of stuff. But

7
00:00:13,360 --> 00:00:16,280
Speaker 1: the question we always ask is this, why are they selling?

8
00:00:17,320 --> 00:00:20,079
Speaker 1: You asked that for a clue. Are they downsizing? What's changed?

9
00:00:20,120 --> 00:00:22,480
Speaker 1: Have they been there their whole lives? Have they transferred?

10
00:00:22,640 --> 00:00:26,639
Speaker 1: The three houses all had the same reason they're leaving

11
00:00:26,680 --> 00:00:29,840
Speaker 1: the country. This was not good because, as I expressed

12
00:00:29,880 --> 00:00:32,720
Speaker 1: on the program last week, I'm finding the immigration figures depressing.

13
00:00:32,760 --> 00:00:35,479
Speaker 1: I read over the weekend that suddenly universities in Australia

14
00:00:35,520 --> 00:00:38,760
Speaker 1: are closing their books for internationals because they are in undated.

15
00:00:39,800 --> 00:00:42,479
Speaker 1: Our universities and undated with internationals. No, they are not.

16
00:00:43,000 --> 00:00:45,120
Speaker 1: I read that the Albaneze government is under pressure on

17
00:00:45,159 --> 00:00:47,640
Speaker 1: immigration because they promised to curb it. They haven't curbed it.

18
00:00:47,840 --> 00:00:49,640
Speaker 1: One of the major reasons they haven't curbed it is

19
00:00:49,640 --> 00:00:52,320
Speaker 1: because shedloads of US are bailing from New Zealand and

20
00:00:52,400 --> 00:00:54,960
Speaker 1: arriving at their place and given ceer in our relationship.

21
00:00:54,960 --> 00:00:57,160
Speaker 1: There's nothing they can do about that. In the case

22
00:00:57,200 --> 00:00:59,720
Speaker 1: of the three houses, one have their kids already in

23
00:00:59,720 --> 00:01:02,000
Speaker 1: scil in Australia. They want to join them, and the

24
00:01:02,080 --> 00:01:03,800
Speaker 1: parents are looking to join them as soon as they

25
00:01:03,840 --> 00:01:05,400
Speaker 1: possibly can, as soon as they sell the house. The

26
00:01:05,480 --> 00:01:08,399
Speaker 1: other two families they're off to Europe. Good news for

27
00:01:08,440 --> 00:01:10,800
Speaker 1: the agents, of course, because all three houses their nice houses,

28
00:01:10,840 --> 00:01:13,119
Speaker 1: so they'll eventually sell. The issue after that is who

29
00:01:13,120 --> 00:01:17,000
Speaker 1: buys them. Our immigration figures will be a discussion of

30
00:01:17,120 --> 00:01:19,760
Speaker 1: some angst to mark my words sometime I think next year,

31
00:01:20,160 --> 00:01:22,720
Speaker 1: because as things stand there is no sign of the

32
00:01:22,800 --> 00:01:25,240
Speaker 1: departure's easing, but there is a very real sign of

33
00:01:25,280 --> 00:01:28,640
Speaker 1: the arrival stalling. The arrivals are mainly from India, Fiji,

34
00:01:28,720 --> 00:01:32,679
Speaker 1: Indonesia and China. Culturally, the face of New Zealand is

35
00:01:32,760 --> 00:01:35,640
Speaker 1: changing dramatically, and as we learned last week, a bit

36
00:01:35,680 --> 00:01:38,440
Speaker 1: over not much over one percent of those arriving applied

37
00:01:38,440 --> 00:01:40,679
Speaker 1: for skills visas to come into the country, just a

38
00:01:40,680 --> 00:01:43,680
Speaker 1: bit over one percent. The rest, presumably are baristas and

39
00:01:43,760 --> 00:01:47,160
Speaker 1: chefs and construction workers. The demise of this country is

40
00:01:47,240 --> 00:01:50,480
Speaker 1: alarmingly real. Most haven't woken up to it. Yet the

41
00:01:50,520 --> 00:01:52,880
Speaker 1: government knows the problem and they're working hard to at

42
00:01:52,960 --> 00:01:56,480
Speaker 1: worst stall it, hopefully to reverse it. But as we've

43
00:01:56,480 --> 00:01:58,960
Speaker 1: said on this program for years, numbers don't lie, and

44
00:01:59,000 --> 00:02:01,280
Speaker 1: I can show you three thousands for sale right now

45
00:02:01,520 --> 00:02:05,720
Speaker 1: that tell you the trend is real. For more from

46
00:02:05,720 --> 00:02:08,800
Speaker 1: The Mic Asking Breakfast, listen live to News Talks at

47
00:02:08,840 --> 00:02:12,760
Speaker 1: B from six am weekdays, or follow the podcast on iHeartRadio.