The Waimahia Inlet housing development at Weymouth consisting of 282 homes at the Government's first Special Housing Area is a flagship of the Government's new housing policies, Housing Minister Dr Nick Smith said today.
The Waimahia Inlet is a step in the right direction for community housing to deliver 20% of New Zealand’s social and affordable housing by 2020, says Community Housing Aotearoa.
Experts warn subsidy proposal aimed at expanding house supply will have flipside of pushing up demand.
Housing Call to Action are launching a campaign to raise awareness of homelessness and the lack of housing in West Auckland from 1st - 8th September.
The Government’s flagship housing announcement is a band-aid approach that will push up prices rather than solve the housing crisis, says Labour Leader David Cunliffe.
With only weeks until the General Election, Auckland’s mounting housing crisis will be put under the spotlight in an Election Debate hosted by the School of Architecture and Planning at the University of Auckland.
Key quotes
On NZ’s ‘housing crisis’:
The Government is doubling support for first home buyers to help tens of thousands more young New Zealanders into home ownership and encourage the building of more affordable new homes, Housing Minister Dr Nick Smith says.
National will continue its programme of reform to the housing sector to increase the number of new affordable homes and ensure fit-for-purpose social housing for New Zealanders most in need, National Party’s Housing Spokesman Dr Nick Smith says.
1. House prices in Auckland
• Council valuations indicate Auckland house prices have gone up by one-third over the last three years. (Auckland Council)
• The average Auckland house price has gone up by nearly $225,000 since 2008, up over $75,000 in the past 12 months. (QV)
• It now takes 50 years to pay off the average house in Auckland. (NZIER)
