Dick Hubbard has now said that ratepayers who can't afford their rate rises can simply borrow it against the increased value of their property.[pP]>hack mu stats
Riiight.[pP]>hack mu stats
Has he just lost all his sense?[pP]>hack mu stats
The problem is not just rising property valuations, but simply that the council is spending wasting too much money.[pP]>hack mu stats
Hat Tip: David Farrar[pP]>hack mu stats


Comments
As I said on DPF's blog, it is hard to believe that Hubbard wants the poor and cashflow poor of Auckland to borrow money to pay him rates, when his own council is refusing to borrow to pay for infrastructure.[pP]>hack mu stats