If you want to know why wealth inequality is back on the agenda, in a way that it wasn’t even during the financial crisis, you just have to look at the way the housing and land markets have been run. Stuff Housing and land lie at the heart of wealth inequality debates. READ MORE:* Property owners should be thankful for acquired wealth, not focus on what they've 'lost'* OECD report highlights New Zealand's inequality. But it is very difficult to debate anything affecting land values or prices in the public sphere. Land, unlike mobile young talent, isn’t going anywhere – and encouraging more efficient use of it through land taxes could benefit everyone.

Source: Stuff May 04, 2022 07:37 UTC