Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


Building data confirms need for KiwiBuild

Raymond
HUO
Spokesperson for Building and Construction

30 November 2012 MEDIA STATEMENT
Building data confirms need for KiwiBuild

The latest building and consents data confirms that too few homes are being built to meet demand, says Labour’s Building and Construction spokesperson Raymond Huo.

“In the last 12 months just 16,401 homes were built nationwide – that’s down from the peak of 31,823 in 2004. And in Auckland just 4,400 new houses were built, which is almost 8,000 fewer than the peak of last decade.

“The figures speak for themselves. We are simply not building enough new houses, and that inevitably puts upward pressure on prices. Home ownership in Auckland has now fallen below 60-percent, and there is nothing in the latest data to suggest that will change for the better if we continue on our current path.

“Statistics New Zealand data also shows the average size of new houses is continuing to increase. In 1990 the average floor area of new houses was 135m2, in 2000 it was 171m2 and now it is 197m2.

“Bigger houses are more expensive. The market is simply not building the sort of modest, entry-level houses needed by many would-be first-home buyers.

“Labour’s KiwiBuild policy will tackle both the problem of the low number of new dwellings being built, and the lack of smaller affordable homes.

“The next Labour Government will build 100,000 new affordable homes over ten years. KiwiBuild will give first-home buyers a real chance to get on the housing ladder by buying a quality house, terraced house or apartment.

“Today’s data just confirms the need for the Government to take a hands-on approach to housing affordability – and Labour’s KiwiBuild will do just that,” says Raymond Huo.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Open Source // Open Society - Full Coverage

Gordon Campbell:
On The Reserve Bank And Auckland Housing

The ‘crisis – what crisis?’ response by the government to the Auckland housing price bubble is no longer acceptable.

So says Reserve Bank governor Grant Spencer – who used unusually frank language in his speech and subsequent interviews yesterday to call for a capital gains tax, and to generally chastise central and local government for their inaction on a threat to the country’s economic health and financial stability.

That threat has been real for some time. The housing price bubble has already created a currency bubble... Undaunted, the government keeps calling this situation a success story. More>>

 

PARLIAMENT TODAY:

Bangladesh: GCSB Dragging NZ Into Human Rights Abuses

The New Zealand government should stop providing intelligence assistance to Bangladeshi security agencies that are known to systematically engage in human rights abuses, said the Green Party today. More>>

ALSO:

Troops Heading To Iraq: Government Must Come Clean On Deployment

New Zealanders deserve more than to hear about their troops’ deployment overseas from Australian media, Opposition Leader Andrew Little says. “News from Australia that Kiwi troops are on their way to Iraq this week is another example of the culture of secrecy and unknown protections around the deployment.” More>>

ALSO:

Image: Strikers And Protestors Join Outside McDonald's

A group of protestors took to McDonald’s Manners St today as a part of the international fast food workers day of action to end zero hour contracts. More>>

ALSO:

Greens: Special Education Funds Not Spent

More than $32 million of funding for children with special needs has not been spent by the Government, despite families of children with special needs complaining for years that they’ve been denied the support they deserve. More>>

ALSO:

John Key: Pre-Budget Speech To Business NZ

So this Government will remain relentlessly focused on improving the competitiveness of our economy... We will continue to give businesses a platform to invest, grow and create jobs in the knowledge they will be backed by a clear and consistent government policy programme. More>>

ALSO:

Multimedia: Andrew Little’s Response To John Key’s Pre-Budget Address

Labour Party leader Andrew Little spoke today on John Key’s pre-budget address this afternoon in Wellington. Little said National has had seven years to achieve a surplus and Kiwis have “fufilled their end of the bargain.” More>>

Surplus Baggage: Key Backs Off ‘Artificial Target’

John Key’s attempt to redefine his cornerstone promise of two election campaigns as an artificial target suggests his other promises are works of fiction, says Labour’s Finance spokesperson Grant Robertson. More>>

ALSO:

Gordon Campbell: On UE Pass Rates And University Dropout Rates

Houston, there is clearly a problem with (a) the plunge in pass rates for University Entrance qualifications, which has been especially steep among Maori students and also a problem with (b) the failure rates for Maori students among those who reach university... Unfortunately the two problems seem related. More>>

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
More RSS  RSS
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news