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National's State House Sales

 The previous Government sold more than 11,000 state houses.

 More than $1 billion in revenue from sales was made but little invested in building new houses

 This comprises a regional breakdown of the numbers of properties sold and the proceeds or money the previous Government received for them.

 Most sales (more than 2/3) went to private developers.

 The state house sales programme was implemented at the same time as the 'market rents' were being charged on state houses

 Market rents (which saw state rents rise 106%) and the widespread sale of state houses have been blamed for the overcrowding and hardship experienced in low-income communities


Town/Region No. Sold Proceeds
Takapuna 184 $33.608,705
Central 149 $36,337,886
Mt Roskill 202 $34,639,159
Otara 70 $6,154,852
Manurewa 79 $8,601,700
Papakura 95 $9,168,651
Mangere 101 $10,657,774
Papatoetoe 58 $5,786,421
Royal Oak 172 $35,451,298
Glen Innes 408 $79,333,239
Panmure 402 $54,660,100
Henderson 118 $15,010,420
New Lynn 133 $19,529,729
Mt Albert 219 $45,384,549
TOTAL AUCKLAND 2390 $394,324,483


Town/Region No. Sold Proceeds
Bay of Plenty
Tauranga 73 $7,795,150
Rotorua 264 $15,667,633
Whakatane 70 $3,360,400
Gisborne 257 $12,339,277
Thames 179 $13,068,500
Huntly 108 $6,731,350
Hamilton 550 $49,002,481
Wanganui 299 $9,780,840
Te Kuiti 162 $7,539,300
New Plymouth 494 $16,761,820
Hawkes Bay
Manawatu 1369 $56,524,235
Levin 34 $1,812,650
Masterton 618 $13,274,831
Napier 163 $11,036,964
Hastings 227 $11,445,122


Suburb Properties Sold Proceeds
Wellington: Mana 998 $56,582,103
Wellington: Wgtn 300 $40,765,787
Hutt Valley 1044 $88,787,145


Suburb Properties Sold Proceeds
Christchurch North 780 $90,647,245
Christchurch South 918 $64,028,867
Otago Southland 1004 $45,234,402
Tasman (includes Nelson, Blenheim, West Coast) 420 $25,460,531

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