Grant Robertson was on ZB this morning talking about a range of things, like his lack of leadership ambition (cough), his respect for the good job David Shearer is doing (cough), and his opposition to, er well everything.
He also spoke of Labour’s miracle housing policy.
You know, the policy where Labour would borrow money to build $30b worth of houses on sections that don’t exist, while still managing to cost the taxpayer nothing?¬†….Now known as Triple A (Affordable¬†Auckland Apartments)and probably about as effective…spraying money skyward in the attempt to lower house prices.¬†
Robertson confirmed today that the plan in Auckland is apartments. ¬†Lots of them. And for the record, if you did ever get your hands on one of the Labour Party’s affordable shoe-boxes, the policy means you can feel free to sell it for capital gain/loss (if you can).
Clearly they have abandoned the title Affordable Homes,…¬†mainly¬†because they have no intention of these being homes, rather just tatty little apartments.
BONUS VIDEO: AAA in action