Affordable housing

Auckland house prices drop. Wait for Labour to declare a crisis in market confidence

Nick Smith does stuff all that is useful, but there is a glimmer of hope from latest house price statistics.

House prices may be starting to drop in Auckland – but it’s too soon to tell if the latest data shows a trend.

The new mortgage lending restrictions introduced by the Reserve Bank officially kicked in on October 1, but most of the main banks had already been introducing them over the previous couple of months.

Interest.co.nz’s regional Home Loan Affordability Reports for September showed the new loan-to-value-ratio mortgage lending restrictions on residential investment properties may be impacting house prices in Auckland.   Read more »

Nick Smith makes more…. housing announcements

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Housing Minister Nick Smith announced the new development on New North Road, just 8km from the CBD, on Wednesday after signing an agreement with the Marutuahu Ropu and Ockham Residential Ltd, the first under the Crown and Tamaki Collective Housing Protocol.

Under previous rules the former New Zealand Transport Agency site would have been able to sustain 24 homes, but with Special Housing Area status that figure has more than quadrupled. Read more »

Phil, all you have to do is find the cheap land – here are the houses

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Apparently, there is a housing crisis everywhere.

In the UK they are looking for solutions to their own housing crisis.

Most first-time buyers can only dream of buying a home for less than £50,000 – but it is possible if you’re prepared to go ‘modular’.

This involves selecting pre-fabricated, low-cost modules of various sizes which are then put together by skilled craftsmen.

The customer can then choose the interior design, giving an end-product which could be an office, hotel, school or house – and that includes starter homes.

The Modulhus, one such starter home, has now been crowned winner of an annual shoestring design competition.   Read more »

Water, rubbish and roads? Nope. Wellington mayor will drop house prices

Wellington ratepayers will be so pleased that their new mayor, Justin Lester, wants to drop the value of their houses.

A taskforce to tackle the affordability of housing in Wellington is being set up by new mayor Justin Lester.

It will examine issues including homelessness, social housing, schemes for first-home buyers, the rental market and housing density.

The council is hoping to report its recommendations by April so it can become part of its three-year plan.

Mr Lester said he wanted to make sure housing was affordable for all Wellingtonians.   Read more »

When will we finally be honest enough to declare a Shit Parenting Crisis?

The NZEI is agitating for the government take action on supposed homelessness.

The NZEI is today backing calls for a national strategy to end homelessness amid mounting evidence that thousands of children who lack a warm safe home are also being denied their right to an education.

It is compulsory to attend school…what is the NZEI going to do about truancy?

The Labour, Green and Māori Parties today released their report into solutions to homelessness, following a cross-party inquiry which heard from hundreds of submitters.

“The homelessness crisis affecting thousands of New Zealand children is also an educational crisis,” says Jan Tinetti, Principal of Merivale School in Tauranga and NZEI Executive member.   Read more »

Madness: Wellington mayoral candidate wants you to host P addicts, drunks and violent homeless

It really is the silly season at the moment. All sorts of ratbags and deadbeats are vying for votes and also coming up with insane and dopey ideas.

Unfortunately, it isn’t just the left-wing with dopey ideas.

One of Wellington’s mayoral candidates wants to help people make their spare rooms available to those in the city without homes of their own.

Jo Coughlan said she would consider putting up a person who was homeless in her own spare room if it would help.

Her suggestion came as the Wellington City Council received an update on its strategies to approach homelessness and begging.

“Wouldn’t it be amazing if interested citizens could perhaps sign up to host a homeless person, particularly a person in transition,” Ms Coughlan said.   Read more »

Is this Labour Party policy worth stealing?

The Labour Party want to require all rental homes to be warm, dry and safe to live in. Is this a good idea? 58% of readers surveyed said yes it is and 18% of them thought it was so good that John Key should steal it just like he has nicked Labour Party ideas before. After all, how hard is it to get back into power if the incumbent keeps nicking any half way decent ideas that your rag tag bunch manages to come up with?

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Who should be responsible for ensuring that homes are affordable?

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The overwhelming majority of Whaleoil readers agree that no one is responsible for ensuring that homes are affordable. Market forces,  supply and demand, determine house prices.

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Is this Labour Party idea worth stealing?

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The Labour Party wants to build 100,000 affordable homes across the country.

KiwiBuild: 100,000 affordable houses over 10 years, of which half will be in Auckland where they will cost up to $600,000 for a standalone home. The Affordable Housing Authority will deliver it. It will require a $2 billion start-up which will be recouped from house sales and returned to the Crown once the houses are built.
Did Whaleoil readers think that this was a policy idea worth stealing? Read on and find out what The Great Whaleoil Housing Survey revealed.
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Take the Great Whaleoil Housing survey

State Housing

State housing

How much should the government interfere in housing? Is it solely the job of councils to control land supply? Who, if anyone, should be responsible for building affordable housing? Are any of Labour’s housing policy ideas worth stealing? Should the government be selling-off State housing stock and should they be building new State houses? Should the government be a landlord or should we leave it to private landlords to house tenants?

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