Parliament

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

 

Dunne Speaks - The out of control Gyroscope

Dunne Speaks - The out of control Gyroscope


Claims this week that no-one seems to know how many affordable homes have been built in Auckland have re-ignited the housing debate in a shallow, unhelpful way of silly political point scoring which houses no-one, but more importantly, has also highlighted one of the basic flaws in our current approach.

Everyone, it seems, is flapping around bemoaning a housing crisis, and calling for something to be done. Things, we are told, are happening; new home approvals are allegedly at record levels; the construction industry is crying out for labour as it struggles to meet the demand; yet, now we hear banks are tightening lending criteria, even for first home buyers, to dampen demand. Meanwhile, in Auckland, a number of previously designated special housing areas have been abandoned without one house ever having been built on them. And there are still too many stories of people who are at worst, homeless, or at best, living in grossly inadequate accommodation.

So, how can this be, despite all the apparently frenetic activity to the contrary? Ever increasing activity like a gyroscope out of control and without a clear purpose does not a crisis solve. Yet that is precisely what is happening at present. So it is hardly surprising that no-one seems able to say exactly how many affordable houses have been built, or even what constitutes an affordable home.

To stop these ever rapidly decreasing circles imploding there needs to be, as UnitedFuture has long argued, a clearly defined national housing strategy. And that strategy can only be developed after a special summit bringing together all the major players to design it, and then agree to abide by it. Central and local government need to be working far more closely together, with each other for a change and not against each other as has too often been the case. The banks and the building industry need to be at the table too to develop the plans for genuinely affordable homes for young families, and to ensure that the funds and the workforce are there to meet the demand. Social housing providers also need to be involved, both to ensure there are homes for those in need, and to work alongside private landlords to provide transitions from emergency housing to affordable rental properties, and then ultimately to a home of one’s own. Without all these elements working in concert we will not make progress, and the current problems will simply multiply.

Worse, the sense of induced panic this will cause will produce extreme solutions – like Labour’s ill-fated plan not to sell homes to people with foreign-sounding names, or the thinly disguised anti-immigration of xenophobia of the likes of New Zealand First.

We need to life our sights above that negativity and become much more innovative in helping assist young families into their first home. UnitedFuture wants people to be able to capitalise in advance their Working for Families entitlements each year to assist with home ownership. There are other things we should be looking at as well. We believe half the homes the government will build over the next few years should be set aside as rent-to-buy homes, where families could use their rental payments to build up equity in their house to the point where they can buy it outright. We are also interested in share equity schemes whereby people might buy a portion of a house – say 40% – and rent the remaining 60%, using the equity built up by the portion they own to buy a greater shareholding as time goes by, until they have bought 100% of the home. Another option we are interested in is allowing people to convert their student loan repayments for up to the first ten years to a Kiwisaver scheme and to use those repayments and the interest earned as a housing credit towards a first home.

The combination of a coherent national housing strategy to which all the major players are signed up, and innovative funding arrangements of the type we are proposing will go a long way towards addressing our national housing crisis, and restoring dignity and hope to ever despairing young families. These ought to be priorities for a compassionate society that cares about ensuring a better deal for future generations.

ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Ch-Ch-Changes At IRD

job cuts aren’t happening at the IRD, exactly. Instead, there’s apparently a ‘transformation’ in store, and jobs won’t be axed ; no, they will be ‘transformed’ before our eyes into… non-jobs, if you happen to be among the unlucky legion of 1,900 who are being lined up for transformation, which seems to work rather like a secular version of the Rapture.

Except that at IRD, not even your shoes will be left behind. More>>

 

Christchurch Mental Health: Hospital Too 'Awful' For Reviewers To Visit

Jonathan Coleman has to stop the stalling over a new building for mental health services in Christchurch to replace the quake damaged Princess Margaret Hospital, says Labour’s Health spokesperson David Clark... More>>

ALSO:

Greens Call For Govt Action: Children Sick Because Of NZ Housing

The Royal Australasian College of Physicians president-elect said today that children with preventable respiratory illnesses are being re-admitted to hospital because they're being sent back to cold, damp homes. More>>

ALSO:

Less Tax Cut, More Spending: Labour Launches Fiscal Plan

“Labour will invest $8 billion more in health, $4 billion more in education and $5 billion more for Kiwi families through Working for Families, Best Start and the Winter Energy Payment than the Budget 2017 projections for the forecast period.” More>>

ALSO:

Gordon Campbell: On The Greens’ Room For Political Pragmatism

The Greens here are currently being criticized by the commentariat for not making the same kind of pragmatic choices that sunk the Democrats in Australia. More>>

Gordon Campbell: On Being Humane About Welfare, Child Support, And Tax

It made for an unusual Venn diagram, but Greens co-leader Metiria Turei and Finance Minister Steven Joyce were briefly sharing some common elements this week in the set that says – hey, don’t use the powers of the state in ways guaranteed to make the system you’re trying to defend worse, not better. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election