10-15-2025, 06:57 AM
(10-05-2025, 04:49 PM)plam Wrote:(10-04-2025, 11:00 AM)bravado Wrote: If every city in Canada and the US have the exact same financial story as us, it’s a bit bigger than just ”mismanagement”.
The fundamentals have been broken for a long time and bills from all those liabilities are finally coming due, right in time for the younger generations to shoulder the burden and get nothing for it.
It is mismanagement in a sense… but our politicians are just doing what the average voter likes: kicking the can down the road.
It's also NZ. "Rates" (municipal taxes) have been going up in the past few years and some people are mad about that, but it's also that the water infrastructure is falling apart. Also the NZ central government cancelled a thing that would have let cities borrow at better rates (because there would be co-governance with Maori under that plan) and so the rates are going to go up even more.
And yet, Wellington this coming summer is not panicking about potentially running out of water, because the pipes have been fixed to some extent, unlike in the past few years. (Oh, and the mayor was not an old white man, coincidentally.)
What's the connection to his race and age exactly? You're mentioning because he is old (and anglo) but still able to see past his own lifetime?
Whether technically "subsidized" or not, there can be improvements. (Just the concept of taxation on ownership of property itself is ridiculous but im not here to get philosophical... (we pay tax on labour after all so there's a lot to discuss)).
In any event, look at cities like Oakville, Richmond Hill...clean, prestine, with amazing community centre's, public spaces, more trails. I've experienced it. And their property taxes are much lower than ours as % of house values.
I haven't been subsidized ... I've been subsidizing many others though.