Another day, and Labour bring out an even more comprehensive…er housing plan

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As the day’s announcement on Labour’s comprehensive housing plan policy fails to inspire, Labour come out with the revised/improved version overnight.

Part three of Labour’s housing policy splurge is being billed as comprehensive.

Labour leader Andrew Little says the announcement at 2pm on Sunday will deal with several issues, including speculators and housing affordability.

On Thursday he announced an emergency housing policy, and on Saturday at the party’s centenary conference in Wellington he followed up with a state housing policy.

Labour will make Housing NZ a government department again with a social mandate and use the dividends it’s been paying to the government to build state houses.

Economic Development Minister Steven Joyce says the Government puts way more money into Housing NZ in rent subsidies than it takes out.
Homelessness and the affordability of housing, particularly in Auckland, are big issues.

The Government says there’s a supply problem in the housing market but others say immigration is driving demand.

“We have to build more houses, and we have to build more affordable homes. That’s what we’re targeting,” Mr Little said on TV3’s The Nation program on Saturday.

He says tax measures can be taken but Labour will not be going into the 2017 election with the capital gains tax plan that cost it at the last election.

To be charitable to Labour, they didn’t lose because of their capital gains tax policy. But, if that’s what they want to believe, all power to them. If there has been one thing that has been consistent over the last six plus years, it is that Labour’s policies have not withstood any scrutiny.

Both National and Labour are currently just blurting stuff out depending on the pressures they feel the Media party are putting on. It’s amazing to see it expanding on Labour’s website on a daily basis, probably as nightly brain storming meetings drive the next day’s ideas.

Like many of Labour’s “policies”, this one won’t survive until the 2017 election. It will hit the pile of opportunistic and poorly thought out ideas that Labour think can earn them a few points for the next poll.

 

– NZN via Newshub


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