Fred99:
Problem solved:
Government says it will now build just one really nice home
As part of today’s long-anticipated reset of the Government’s flagship KiwiBuild policy, Housing Minister Megan Woods says the number of houses to be built in the next 8 years has been “scaled back” from 100,000 affordable homes to just one really nice home.
(on a more serious note, rather than bickering about the inevitable result of a well-intended but ill-conceived failure , I'd love to see a concerted multi-partisan effort to sort out the ridiculous situation in NZ, where we've got about the most expensive building costs on the planet in real terms, even worse on multiple of median income terms, and pandering to vested interests everywhere who want to make sure it stays just how it is. Nobody wants to see house valuations drop, but that's probably an inevitable consequence of what probably needs to happen)
Makes too much sense. Labour wants to do too much National wants to do too little. They don't want to agree on anything. If somehow the extra houses needed started to happen,I doubt prices will drop, they will just be flat for a long while. If there was a drop, it only affects those that are forced to sell.