On Behalf Of The People Of New Zealand,

Dear MPs of all Parties, government officials, councils and indeed all responsible persons. For several years we have all watched and wondered as New Zealand's , particularly Auckland's, house and rent prices have steadily increased.

They have actually accelerated, more and more! Many of us are not really concerned, even pleased, that this sort of inflation is occurring. Feeling sort of secure that our big investment is gaining value, even being encouraged to look for further investment opportunities in property.

Nowadays, with the economy fluctuating a lot in important areas: petrol, oil & diesel prices have dropped quite a lot across the world. It has reduced costs for New Zealanders in many areas. But the returns for Milk, milk powder, and milk products have also dropped considerably. So in some areas, there is instability. This allows alternative investments to take place. This does have an accelerating effect on house and land prices and rents.

Now we all know this is happening. But, no one knows what should be done to limit this acceleration of the inflation of property prices. The Government and many vested interests, have sort of got a blind eye on the situation. Many feeling it is good for The National Party and for more wealthy people. Up till now, this situation has been 'bearable”.

But, with facts and figures emerging that inflation is really accelerating, we need to act. Of course, with this, the cost of living is also accelerating, for many people and families. I am writing this because I feel strongly that there will come a time and situation when things will turn around. In our general greed and ignorance, many of us are inviting this turnaround, which will probably be a recession. In this case it will be a major recession.

We all need to realise what's happening, and take measures to limit this possibility of a recession. Several extremely important signs are already happening.

Young people just starting out in life, young families, are increasingly finding it too difficult, too expensive to buy a house to live in. Owning and buying houses and property are becoming more andmore in the hands of 'investors' and finance agents, and house agents.

This is truly big business now. This has gradually crept up on all of us in the past decade, or past few years. All of us need to realise buying a house must be for living in, not be for an investment!

Some purchasers have been extremely lucky. In fact if you do have spare cash you can quite easily enter this market. So we all need to get together on this, and realise we cannot just allow the market to be dominated by 'investment'.

The primary criterion should be 'life' and living - for each person living in New Zealand to be entitled to have a roof (which they own) over their and their children's heads. It is easy to see that a National Government does not want to interfere with these investments. These people are their main supporters!

D Sharp, Tauranga.