Mak­ing hous­ing avail­able


Last week Fi­nance Min­is­ter Bill English an­nounced a com­pre­hen­sive work pro­gramme aimed at ad­dress­ing the is­sue of hous­ing af­ford­abil­ity in New Zealand.

The Pro­duc­tiv­ity Com­mis­sion un­der­took an in­quiry into the is­sue, due in part to the in­creased dif­fi­culty many New Zealan­ders now face when try­ing to buy their first home.

The Gov­ern­ment will be adopt­ing nearly all of the com­mis­sion’s rec­om­men­da­tions to im­prove hous­ing af­ford­abil­ity. This is part of our com­mit­ment to build­ing a more pro­duc­tive and com­pet­i­tive econ­omy, with less spend­ing on house­hold debt.

Rates of home own­er­ship have fallen dra­mat­i­cally over the past two decades, from a peak of 75 per cent in the 1990s to about 65 per cent now.

The key aims we will fo­cus on are in­creas­ing land sup­ply, re­duc­ing the de­lays and costs of [build­ing]. It is im­por­tant to re­mem­ber that the Gov­ern­ment is not a town plan­ner. That is the role of lo­cal gov­ern­ment.

If you would like to re­quest more in­for­ma­tion on the is­sue of hous­ing af­ford­abil­ity, need as­sis­tance with an is­sue, or would like to share your views with me, please email Upston.sth­waikato@par­lia­ or phone Vi­vian in the elec­torate of­fice on 07 886 5554.

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