National’s housing crisis has saddled families with record mortgage debt as interest rates start to rise. Building affordable homes is more important now than ever, says Labour Housing spokesperson Phil Twyford.
New data showing homeownership has hit a record low shows the need for political parties to come together to enact Labour’s KiwiBuild and Healthy Home Bills, which are currently before Parliament, says Leader of the Opposition Andrew Little.
The public rightly puts much of the blame for the housing bubble at the feet of foreign speculators, and the next Prime Minister must listen to their concerns, says Labour’s Housing spokesperson Phil Twyford.
Apartment builder Ockham Residential has become the latest voice to call for the government to build affordable homes for Kiwi families to buy, says Labour’s housing spokesperson Phil Twyford.
“Helen O'Sullivan of Ockham has now joined prominent businesspeople like EMA chief executive Kim Campbell and the country’s biggest residential builder Mike Greer in calling for the government to start building houses.
National will welcome the chance to vote for a real solution to the housing crisis after their many, many failed attempts, says Labour MP for Te Tai Tokerau Kelvin Davis.
Kelvin Davis’s Housing Corporation (Affordable Housing Development) Amendment Bill was drawn from the ballot today. It implements Labour’s KiwiBuild policy by requiring the Housing Minister and Housing New Zealand to plan and undertake an affordable house construction programme that will build 10,000 affordable houses per year for selling to first home buyers.
35% of New Zealanders now live in places where the average house costs over a million dollars, and it’s killing the Kiwi dream of owning your own place, says Labour’s housing spokesperson Phil Twyford.
Latest QV stats show that Queenstown has joined Auckland in having an average house price of over $1m. Their combined population is 1.65m, or 35% of New Zealand.
The Treasury has wasted $10 million in two years on the National Government's flawed state house sell off programme, including nearly $5.5 million on consultants, says Labour Finance spokesperson Grant Robertson.
"New Zealand needs more state housing than ever, with a record number of people homeless and many families struggling to pay their rent. Labour will build thousands of extra state houses, but tragically the current National government is selling them off.
National’s failure to deal with the housing crisis in New Zealand is once again being exposed by the Reserve Bank today, in a scathing assessment of the Government’s response, says Labour Finance spokesperson Grant Robertson
“Governor Wheeler is clearly worried about the housing market. The Reserve Bank says that ‘vulnerabilities in the Auckland housing market continue to increase and spread to the rest of the country’.
The Government should be focused on building houses for families to buy and more state houses for families in need, not flogging them off, says Leader of the Opposition Andrew Little.
“National’s state house sell-off does nothing to help people in a time of record homelessness. Selling state houses does nothing to increase the supply of housing to families who need it – it’s just privatisation.