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Progressive home deposit policy housing next step

Monday, 20 June 2005

Hon Matt Robson MP, Progressive Deputy Leader

State house progress applauded
Progressive home deposit policy is next step

Nearly 70 years of State housing is a tribute to the work of progressive governments. In 2005, low income families can look forward to getting their own home through Progressive's policy of family support capitalisation.

"State housing was a far-sighted policy when it began in 1937. By providing housing for low-income families, the left-wing government of the day made a significant contribution to the well being of many New Zealanders.

"National's free-market policy of selling State housing in the 1990s pushed many low income families into low quality, high-rent housing. It was short sighted and irresponsible and no doubt, there will be more of that to come if they get anywhere near the cabinet table to deliver their promised big income tax cuts for those that least need it," Matt Robson said.

"Progressive's 2005 Housing Policy will give families the option to capitalise their family support payments in order to put together the deposit for their first home.

"The deposit is the biggest barrier for families in buying a home. The Progressive scheme to capitalise family support will help them to bridge the deposit gap," Matt Robson said.

ENDS

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