Homes not Houses.
The Opportunities Party plan to deliver decent living conditions for all.
The Opportunities Party has a bold new plan to address the major problems confronting New Zealand, housing affordability.
While TOP’s ground-breaking Fair Tax System will stop residential properties being misused as tax free investment vehicles for the wealthy and suppress rampant house price inflation, TOP believes structural reform of the rental and social housing markets is also needed to solve the country’s most pressing social issue.
TOP will adopt a German type model to vastly improve the rights of private market tenants while demanding minimum standards for all homes and gifting current state housing stocks to non-profit social housing organisations.
The Opportunities Party intends to develop a deep market for long term rental accommodation so that families can be secure knowing that investing in home ownership is not the only way that security is achievable.
Party Founder and Leader Dr Gareth Morgan says, “Homes not Houses will alter the profile of New Zealand home ownership so the modest and low incomed no longer need to climb the mountain of home ownership in order to create a stable long-term home for themselves and their families.”
The ability to evict tenants will be greatly reduced and rental properties will need to be sold with existing tenants in residence. While market rents will still apply there will be regulations to prevent existing tenants being priced out of their homes.
The benefits of this policy package do not accrue to tenants alone. Reducing the social disruption of constantly moving home will result in less stress on families, higher educational achievement and reduced spending on social services to address the problems caused by that disruption.
“Solving the housing crisis isn’t just about increased building or decreased prices” says Dr Morgan, “It’s about the way a civilised society should regard residential property as a social asset for an entire nation rather than a financial asset for a select few”.
Morgan says the number of people renting for life is expected to increase from 30% to 60% over the next couple of decades.
Therefore, he wants to protect these people.
However, it sounds like he is conceding his fair Tax System (supposedly stopping residential properties being misused as tax free investment vehicles for the wealthy and suppressing rampant house price inflation) is vastly insufficient, hence the need for this additional ambulance at the bottom of the cliff.
The goal should be to reduce the mountain people have to climb, thus turning around the decline in home ownership.
Gifting the public housing stock to non profits is daft. We don’t require further administration duplication and expenses driving up rents.
Gifting the public housing stock to non profits is daft. We don’t require further administration duplication and expenses driving up rents.
Agree with this gifting state houses is as daft as national trying to sell them.
Just give housing corp the money to damn do it and stop running housing corp as a money making business but a social housing supplier.
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