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

 


Auckland home buyers $220,000 worse off under National

Auckland home buyers now only $220,000 worse off under National

New home buyers in Auckland are on average $228,400 worse off when buying a home now than when National came to power, and National’s meek deposit policy does nothing to make housing more affordable says the Green Party.

“Since National came to power in 2008 the median house price in Auckland has risen by $228,400. Today’s announcement is a meek band aid solution to a much more serious problem,” said Green Party Co-leader Dr Russel Norman.

“National chucking a few dollars at deposits does almost nothing to offset the massive increase in the average house price under their watch.

“While first home buyers will no doubt welcome any additional support, the reality is that it is a drop in the bucket. First home buyers will still be over $220,000 behind where they were in 2008 due to average price increases

“The only real difference to the current KiwiSaver policy is some home buyers will get up to $5000 more for a mortgage to buy an expensive new home. That extra subsidy doesn’t even touch the sides of offsetting the $228,400 increase in the median house price in Auckland.

“A few thousand dollars more for a deposit doesn’t address the much bigger issues of mortgage servicing and the lack of supply of genuinely affordable houses.

“This policy is underwhelming. If you are ineligible for the Home Start grant, all National is offering you is a few hundred dollars more a year, of your own savings, to go towards a deposit on increasingly expensive houses.

“National’s announcement does nothing to actually make houses more affordable or increase the supply of affordable homes.

“In Government, the Green Party will take real steps to assist with home affordability. We will introduce a capital gains tax (excluding the family home) and place restrictions on foreign investors to dampen housing speculation.

“We will increase the supply of affordable house by undertaking a programme of state building affordable houses and state houses.

“Our Progressive Ownership policy will allow low income families to 'rent-to-own' government-built houses at an affordable price.

“The Green’s policy addresses the real drivers of housing affordability and will deliver for those New Zealanders who have been priced out of the market under National.”

ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell:
On First Time Voting (Centre Right)

For the next two days, I’m turning my column over to two guest columnists who are first time voters. I’ve asked them to explain why they were voting, for whom and what role they thought their parental upbringing had played in shaping their political beliefs ; and at the end, to choose a piece of music.

One guest columnist will be from the centre right, one from the centre left. Today’s column is from the centre right – by James Penn:

As someone who likes to consider himself, in admittedly vainglorious fashion, a considered and rational actor, the act of voting for the first time is a somewhat confusing one. I know that my vote has a close to zero chance of actually influencing the outcome of Parliament. The chance I will cast the marginal vote that adds to National or Act’s number of seats in Parliament is miniscule. The chance, even if I did, that doing so would affect the government makes voting on a strictly practical level even more spurious as a worthwhile exercise.

But somehow I have spent a large amount of time (perhaps detrimentally so, depending on the outcome of my upcoming exams) agonising over how to cast my first vote in a national election. More>>

 

Parliament Today:

SURVEILLANCE:

Election Ad Soundtrack: Rapper Eminem Sues National Party Over Copyright Breach

US rapper Eminem is suing the New Zealand National Party for alleged copyright infringement over unauthorised use of the rapper’s ‘Lose Yourself’ song in an election campaign advertisement. More>>

ALSO:

Pre-Election Chartering: Four New Partnership Schools To Open

Education Minister Hekia Parata today announced the Government has signed contracts to open four new Partnership Schools in 2015. More>>

ALSO:

Werewolf 50 Out Now - The Election Issue: Loss Leaders

Gordon Campbell: A third term requires a mature decision, with eyes wide open. It calls for a conscious vote of confidence… Without trying hard here are about 19 reasons, in no particular order, for not ticking ‘party vote’ National. More>>

ALSO:

Not-Especially New Plans: All Prisons To Become Working Prisons Under National

All public prisons in New Zealand will become full working prisons by 2017, and ex-prisoners will receive post-release drug addiction treatment if National is returned to government, says Corrections Spokesperson Anne Tolley. More>>

ALSO:

Māngere: "False Claim Of Matai Title" - Labour

National must explain why its candidate for Māngere Misa Fia Turner appears to be using a Matai title she is not entitled to, Labour’s MP for Māngere and Pacific Islands Affairs spokesperson Su’a William Sio says. A Matai title is a legally-recognised ... More>>

ALSO:

CPAG Report: No New Zealand Child Should Grow Up In Poverty

Child Poverty Action Group's flagship policy publication Our Children, Our Choice: Priorities for Policy calls for cross party political agreement to underpin an action plan to eliminate child poverty in New Zealand. More>>

ALSO:

Gordon Campbell:
On National’s Phantom Tax Cut Package

Hmmm. So National’s tax cuts package turns out to be one of those television advertisements that screams a headline promise – perfect skin! a youth tonic that works! – while in very small print there’s an out clause: special conditions may apply. More>>

ALSO:

Water: New Marine Reserves On West Coast Opened

Five new marine reserves were officially opened by Conservation Minister Dr Nick Smith on the West Coast of the South Island to protect a range of marine ecosystems for conservation, science and recreation. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news