Cactus Kate has posted on Labour’s affordable housing answers. She thinks based on Trevor Mallard’s comments that Labour define owning your own home to include apartments. Oh won’t their young Gen-Y bludgers love that. Kate Sutton can buy an apartment as her second home purchase.
They lie empty or with foreigners living in them. They do so because New Zealanders hate them and the banks will therefore not lend much money against them. The best reason why can be exhibited at Scene 3 apartments. 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. 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 boss’s bidding in Granny Herald, arguing for shit-box apartmentsaround train stations:
“A simple example. A refurbished train station will benefit existing homes and businesses. But if we enable more homes – and a wider choice of housing – 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.”
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”.