With every National Party announcement, the Devil is always property speculating in the detail.
We have seen this from National time and time and time again. Great big announcement for an ‘affordable’ housing project, followed up by a mid-project report that has the developer having to cut back on the percentage of affordable housing because the land has jumped in value while the project is built and it’s all finished up with the entire fiasco falling over and ‘affordable’ being defined as $750 000.
Yesterday, National announced a pathetic 34 000 houses in 10 years.
Now we get the details.
It’s not 34 000 new houses at all, it’s only 26 000 new houses and a replacement of 8000 state houses and most of those 26 000 new houses have already been announced in previous plans and because National intend to sell many of these off at market rates so as to subsidise the ‘affordable’ houses, we don’t actually know how many affordable houses National are offering nor what they are defining as ‘affordable’.
This entire policy announcement is 100% horse shit.
National is a Government of the property speculators, by property the speculators and for the property speculators.
This housing announcement is a joke looking for a punchline.