It must be election year, because National has admitted that the market has failed, and swallowed the dead rat of state building. A useful graphic summary in The Herald (piece by Issac Davison) lets you compare National and Labour’s housing plans. See if you can work out which one is aimed at helping first-time buyers, and which is not…
Good dissection of the numbers here by @bernardchickey
It's Kiwibuild vs Kiwibuild lite https://t.co/Hv0vZFiwmN
— Tim Murphy (@tmurphyNZ) May 16, 2017
@nealejones The real question is if the affordable homes will be reserved for first home buyers.
— Liam Rutherford (@lrutherfordnz) May 16, 2017
In other news:
Housing affordability plummets across New Zealand
Auckland housing affordability tumbles
Housing affordability ‘crisis point’
Auckland houses ‘severely unaffordable’
‘I see no way of ever being able to own my own home’
Loans for first homes jump 43% in 2 years
NZ ‘half a million houses’ short
Auckland needs to double number of new homes – data
House prices rose $90 a day outside Auckland: Trade Me
So a net build of 26,000 homes over ten years (2,600/year)
Again Unitary Plan requires 14,666/year to keep pace with population growth https://t.co/kmWVN79x5V
— Ben Ross (@BenRoss_AKL) May 16, 2017
Nats promised 39k houses in Special Housing Areas – less than 2k have been built. Why should anyone have any faith they can deliver now?
— Neale Jones (@nealejones) May 16, 2017
As a home owner, avocado has nothing to do with it. Low wage economy + too many people investing in rentals. Everything else is propaganda.
— Gina Rangi (@mokai77) May 15, 2017