Cactus Kate has posted on Labour’s affordable housing answers. Â She thinks based on Trevor Mallard’s comments that Labour define owning your own home to include apartments. Â Oh won’t their young Gen-Y bludgers love that. Â Kate Sutton can buy an apartment as her second home purchase.
They lie empty or with foreigners living in them. Â They do so because New Zealanders hate them and the banks will therefore not lend much money against them. Â The best reason why can be exhibited at Scene 3 apartments. Â Anne Gibson did a story recently that showed the problem
Leasehold land issues are being blamed for the bargain price on the 130sq m northwest-facing apartment on the 16th floor of Scene 3 at 30 Beach Rd.
The unit has an Auckland Council CV of $625,000 and was passed in at auction for $300,000. It has now sold for $330,000.
This is an affordable house under Mallard’s description above. Â Close to all public transport and large enough for a family to live in.
Mallard must be taking his lead from Len Brown and Penny Hulse whom I blogged on their “do as I say not as I do” lines
Deputy Mayor Penny Hulse is doing her bossâ€™s bidding in Granny Herald,Â arguing for shit-box apartmentsaround train stations:
â€śA simple example. A refurbished train station will benefit existing homes and businesses. But if we enable more homes â€“ and a wider choice of housing â€“ near that station, along with more business development, more retail and other local facilities, then the bang gained from our buck will be far greater.â€ť
The only time you will find a Labour or Green MP in an apartment is for a quick dirty root or when the taxpayer funds the rent in Wellington.
Apartment ownership is for “other people”.