Again I ask who the hell is advising Shearer and why the hell is he listening to them? Run the numbers David, 100,000 new homes over 10 years, 10,000 a year, 192 a week or 27 a day. Realistic when you think about it? Hell no. The guy should have just said that’s not realistic therefore I’m not going to announce it because it is an unrealistic policy.
100,000 new homes over 10 years, 10,000 a year, 192 a week or 27 a day.
So Shearer’s promising to build 27 affordable houses each and every day for ten years, with no land, no detailed budget, using a wad of borrowed money (also known as bonds).
He will need to import 30,000 Filipino builders to make that work…and that provides its own housing dilemma…fortunately though they don’t mind living 6 to a container.
To recap, David Shearer’s policy is to build 27 affordable houses a day for ten years and sell them at $300,000 each – while still giving a return to the people he borrowed the money off (aka: bond holders), This is supposed to cost the taxpayer $1.5b.
So to illustrate his genius, he promoted this visit to an ‘affordable’ housing project.