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Strypey
Strypey
@strypey@mastodon.nzoss.nz  ·  activity timestamp 2 months ago

“[Economist Cameron] Bagrie’s central diagnosis is that New Zealand’s form of capitalism has become fundamentally unproductive, addicted to an asset class that creates the illusion of wealth without generating real economic value. As he bluntly puts it, 'You do not get wealthy selling more expensive houses to each other'."

#BryceEdwards, 2025

https://theintegrityinstitute.substack.com/p/integrity-briefing-are-business-leaders

#housing #EconomicDevelopment

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