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Jack Tame: Are migration numbers a blessing or a curse for the economy?
(www.1news.co.nz)
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In my view it's essentially a Ponzi scheme. More and more people coming in drives house equity "growth" and increases tax take with a lag on the demand for corresponding tax expenditure.
Unsustainable in the long term of course but the last 3 govts haven't let that worry them.
Overlooked by the media I suppose, probably because they have been cowed into thinking that bringing it up means you're some kind of xenophobe or racist.
Don't have to be a a great and prosperous country to have people want to move here. Just have to be better than where they are (with respect to their personal circumstances).