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Pacific home ownership nosedives

Home ownership amongst Pacific people has nosedived and the Government must act immediately, says Pacific Island Affairs spokesperson Su’a William Sio. 

“The fall in Pacific homeownership since 1986 is a whopping 34.8 per cent and this is due to the failure of the Government to address the housing crisis. 

“It’s much worse for Pacific people living in the main centres with a high concentration of Pacific people. Home ownership rates have fallen by 47.4 per cent in West Auckland; 44.7 per cent in South Auckland, and 38.7 per cent in Christchurch. 

“The survey of Family, Income and Employment by Statistics NZ shows that while Pacific people make up 5 per cent of the population they own just 1 per cent of the nation’s wealth. 

“Pacific people are at the sharp end of the housing crisis. Those who are renting are often living in substandard properties that are making them and their kids sick. 

“This is bad news for a proud people who want to own their own home and pass it onto the next generation. For years our families have worked hard, with two or three jobs at a time, and it just seems their goal of owning their own home keeps slipping away from them. 

“National should embark on a massive state-backed affordable house building programme and crack down on speculators that are driving up house prices,” Su’a William Sio says.