Shocking new figures out today show 70 per cent of the families living in cold, damp homes are powerless to make improvements because they are in rental properties, Labour’s Housing spokesperson Phil Twyford says.
“The 2016 Household Incomes Report highlights how many New Zealand children are living in substandard housing. It found 110,000 are in damp and mouldy homes, 140,000 are in cold homes and 75,000 are in homes that are both cold and mouldy.
Labour’s housing spokesperson Phil Twyford is calling on the Government to declare a state of emergency over the nation’s homelessness crisis.
“There are 42,000 people homeless and living in severe housing stress while the National Government behaves like a possum in the headlights. It is time to declare a state of emergency and treat this crisis with the urgency it deserves.
The finding by Otago University researcher Dr Kate Amore that most homeless people are in work or study is one of the most shocking aspects of the housing crisis, says Labour’s Housing spokesperson Phil Twyford.
“Social service agencies report many homeless people turning up looking for shelter are wage-earners. They just cannot find any affordable rental housing, and end up homeless or living in their cars or campgrounds.
The Government’s sale of 1124 state houses in Tauranga won’t house a single extra homeless person in the city, says Labour’s Housing spokesperson Phil Twyford.
“Tauranga, like the rest of New Zealand, has a crisis of housing affordability and homelessness. It has pensioners living in campgrounds, and families sleeping in cars. Selling off the city’s state houses will do nothing to house these people.
The Government’s failure to tackle the housing crisis is now affecting the entire country with nationwide house price inflation in the past year hitting 26 per cent, Labour’s Housing spokesperson Phil Twyford says.
“None of National’s tinkering or half-baked, piecemeal policies are having any impact in slowing skyrocketing house prices.
The Government must urgently close a loophole in loan to value ratio mortgage restrictions which are stopping homeowners from buying new houses before they sell their old one, Labour’s Housing spokesperson Phil Twyford says.
“The Reserve Bank was forced to rush out these rules at the behest of the Prime Minister. In doing so, this loophole was overlooked.
Speculators are cashing in on the National Government’s housing bubble, using tax breaks to leverage multiple properties, says Labour’s Housing spokesperson Phil Twyford.
“New data on residential property investment shows a hefty increase over the last two years in investors with multiple properties. Since 2014 the number of investors with four or more properties is 29 per cent, up from 22 per cent. Those with five or more properties is 17 per cent, up from 15 per cent in 2014, and those with eight or more is 9 per cent, up from 6 per cent.