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REINZ welcomes Welfare Advisory Group Report

REINZ welcomes Welfare Advisory Group Report

The real estate institute of New Zealand (REINZ) has today welcomed the Welfare Advisory Group Report, particularly the recommendations around increasing the range of home ownership options, boosting housing supply, affordability and healthy homes.

Bindi Norwell, Chief Executive at REINZ says: “There are currently a number of significant issues impacting accessibility to housing, particularly for low to middle income earners, across the country which the report rightly identifies.

“Specifically, the report focuses on the need to boost supply, innovative home ownership models, healthy homes and affordability. It also focuses on the needs of people with a disability and the social housing sector.

“Any measures the government can implement to resolve these issues are to be welcomed.

“However, it’s worth noting that some of the issues identified in the report have begun to be addressed through programmes such as KiwiBuild, the Healthy Homes legislation and insulation requirements. There have also been some announcement from companies and organisations promoting the benefits of shared equity and rent-to-buy scheme

“We look forward to more details being released around the recommendations and innovative solutions outlined in the report,” concludes Norwell.

ENDS

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