Let’s take a look at New Zealand’s affordable housing crisis and how home prices have changed over time compared to income.Video / Paul Slater
Less than half of the 8,000 new pubs claimed to have been delivered by workers are actually added to the country’s housing stock-the rest are bought or leased primarily in the private market, forcing the government to compete with the first homebuyers. rice field.
The prime minister often points out workers’ state and provisional housing programs and their goal of adding 18,000 new public housing locations as a solution to the housing crisis.
However, the numbers show that of the 7934 public housing added by the government, only 3716 is actually “new.”
The rest were existing homes purchased or rented primarily in the private market
The numbers are in the midst of a serious housing crisis, with median home prices now reaching $ 820,000, our housing costs are the most overvalued in the developed world.
Also, the waiting list for public housing has exploded, thousands of people have been pushed into emergency motel accommodations, and countless other families have given up on their dream of owning a home.
Nikola Willis, a housing spokeswoman for the Nationalist Party, said the government is using “excited” numbers and needs to avoid spurring the housing crisis by buying homes from the private market. ..
“It reduces the number of homes available to private lessors and first-time homebuyers-it can exacerbate the problem that the government has said it will solve.
“What matters is the number of new homes added to New Zealand’s total housing stock. Don’t be fooled by the pumped-up homes that already exist.
“The reason the government is pushing these numbers up is that they’re actually struggling to build homes on a large scale and at a pace,” Willis said.
The data comes from Willis’ written congressional question to Housing Minister Megan Woods, who said Willis was “misrepresenting the facts” or “confused.”
Woods said there was an overall net reduction of 1500 state homes under the former national government. She said under labor, Caingaora and CHP are expected to build as many homes as possible and reduce the need to buy pubs from the private market.
“The expectations I set for Caingaora to build as many new homes as possible extended to community housing providers,” Woods said.
“The previous government did not set such expectations on community housing providers. This was another part of the broken housing system under the previous government and we had to fix it. “She said.
Woods pointed out figures showing that the number of public housing purchased from the private market has declined over time, especially since the last government.
In 2010/11, 67% of new public housing was purchased from the private sector by Housing NZ. In the course of the government, an average of 30% of new state housing was purchased from the private market.
That percentage dropped to 21 percent last year due to an increase in government building plans.
Of the public housing purchased by community housing providers, 94% came from the private market in 2016/17. It fell to 72.2 percent last year.
Woods disputed Willis’ claim that the government was bidding on the cost of homes, saying that 0.452 percent of all homes sold last year went to Caingaora.
Since taking office, the government has embarked on a state legislature building program that offers thousands more public housing using Caingaora and the Community Housing Provider (CHP).
The current goal is to add 18,000 new public and temporary housing locations between 2017 and 2024.
As of April, the government added 4980 new public housing through Caingaora, most of which will replace 3028 homes for sale, rent, or demolished.
Kāinga Ora increased these numbers by buying 1165 homes from the private market and renting 595 homes.
Community housing providers provided 5124 new state housing as of April. That’s two-thirds of the total number of homes in the state.
But in reality, there are only 1009 “new” homes. Most were leased or purchased from the private market for use as public housing.
The government has also provided 755 new temporary housing areas (3-6 months temporary housing).
Public blamed the government for “raised” housing numbers, and after revelation, only half of the housing was “new
SourcePublic blamed the government for “raised” housing numbers, and after revelation, only half of the housing was “new