Labour launched their affordable housing policy to much fanfare and not much scrutiny earlier in the year. The useful idiots all cried out that this was salvation and then people started to look at the detail…the policy has been found wanting…
Meanwhile Len Brown is causing outrage with the draft annual plan that is has left and right alike outraged at his proposals for teeny tiny block of tacky apartments in certain quarters. All this while lives in a leafy gated community with plenty plus land around his house.
Ana Samways in her Sidewipe column highlights the farce that is Labour’s and now Len Brown’s affordable housing policy:
There is no such thing as affordable housing in Auckland: Radio Live’s Duncan Garner challenged Mayor Brown to show him Auckland’s affordable housing. This is what he came up with. The high Merchant Quarter apartment block in New Lynn and two grotty units. The cheapest apartment in the 14 storey block is $246,500 for a 47sqm one-bedroom unit without a balcony. A car park is an extra $31K and the average body corp fees average $1786 a year. Breaking it down – if you can get a mortgage, you probably will have a car so you are really looking at $277,000. With a 5% deposit (10% isn’t realistic anymore) of $13,500, according to the Westpac mortgage calculator your repayments would be $381 per week plus $35 body corp, which makes it $416 a week. If you are wanting somewhere bigger to safely swing your feline (or maybe have one small quiet child) then there are other options. A more spacious 67sq m two-bedroom with a balcony and car park is $387,000 and will cost you $567 a week. As for the other two properties, they weren’t stand alone, they were semi-detached units and the upbeat tour was just Garner being politeness. They were awful and the only person who would buy them would be a slum landlord.