Housing failures hurting businesses and workers

http://www.nzherald.co.nz/mood-of-the-boardroom-2016/news/article.cfm?c_id=1504161&objectid=11716804

Widespread unease about the Government’s handling of the housing crisis is a key theme of this year’s Mood of the Boardroom survey, the Green Party said today.

“Auckland’s broken housing market is creating a city where the tradies and salespeople who make our businesses tick can’t afford to buy their own home,” said Green Party Co-leader Metiria Turei.

“When business leaders are calling the Government ‘lazy’, ‘naïve’, ‘negligent’, ‘disingenuous’, and ‘far too hands-off’, then there’s agreement across the community that National has let the country down when it comes to housing.

“National’s failure to fix the housing crisis has created a situation where working Aucklanders on good incomes can’t afford to buy a home, while lower-paid people are forced to live in poor quality rentals and even garages and cars.

“70 percent of business leaders say the Government isn’t doing enough to fix the housing market and 39 percent are already having trouble attracting staff to live in Auckland because it’s unaffordable.

“The survey also has the productive sector saying we need a capital gains tax to shift investment from property speculation to growing jobs and exports. Unsurprisingly, real estate executives don’t want a capital gains tax.

“It’s good to see businesses supporting housing intensification along key transport routes, and it’s clear that many know that there’s more to fixing the housing crisis than just increasing supply.

“The Government has chosen not to take action to dampen demand with a capital gains tax (excluding the family home), stopping overseas investors from outbidding local home buyers, or closing the loopholes that encourage property speculation – that’s why the housing crisis just keeps getting worse,” Mrs Turei said.

Latest Economic Development Announcements

Story

PREFU shows efforts to keep us all healthy, now we need to revenue raise

PREFU has given a good insight into what was required to ensure New Zealanders were largely supported to continue work and remain healthy during CO...
Read More

Progressive Tax Reform

In Aotearoa, there is enough to go around. But the tax system has allowed wealth to accumulate with a small number of us, while most of us have on...
Read More

Sustainable business

In the wake of COVID-19, we must empower small businesses in Aotearoa to flourish, create new jobs, and support their local communities. The Green ...
Read More

Sustainable jobs

A sustainable economy means good working conditions and fair distribution of the benefits of our natural resources. As we respond to the disruption...
Read More

High tech economy

A strong manufacturing and technology sector will create jobs in low-emissions industries and ensure we can sell Aotearoa’s skills to the world. Th...
Read More

Story

Green Party welcomes first Wellbeing Budget

“The Green Party is proud to welcome New Zealand’s first Wellbeing Budget to deliver change for New Zealanders,” Green Party Co-leader James Shaw s...
Read More

Latest Auckland Issues Announcements

Story

Greens would bring urban food farms to Auckland City

The Green Party will invest funding in community agriculture and urban food gardens in places like Auckland city centre.
Read More

Auckland’s Transport Future

As our biggest city, with well-known transport issues, it’s crucial we act now and ensure people living in Auckland can get where they need to; no ...
FIND OUT MORE

Story

Green Party: Auckland Council’s proposed COVID budget cuts are regressive and dangerous for the climate

The Green Party says Auckland Council’s proposed COVID budget cuts are regressive and dangerous for the climate.
Read More

Story

Eels a sign of the health of our creeks

Central government needs to resource local councils to protect our waterways, Green Party Water spokesperson Marama Davidson said today, following ...
Read More

Story

Auckland transport plan a huge win for commuters, buses, trains and bikes

The Green Party is heralding today’s transport announcement in Auckland as a game changer that will deliver on some of the core commitments of the ...
Read More

Story

Collins must release new report on pipeline vulnerability

Judith Collins should release a new report, that had been due to come out this week, showing what the Government knew about the vulnerability of th...
Read More

Latest Building and Construction Announcements

Sustainable buildings and warm dry homes

Everyone has the right to a warm, dry home. Instead, housing in Aotearoa often makes us sick from damp and cold. In Aotearoa, much of our housing s...
Read More

Story

National would rather save landlords some cash than look after sick kids: Green Party

The National Party is more concerned about the back pocket of property investors than sick kids and the elderly, Green Party Co-leader Marama David...
Read More

Story

Stop charging homeless people for emergency housing

The Green Party is calling for the Government to stop sending homeless people into thousands of dollars of debt with the Ministry of Social Develop...
Read More

Story

Green Party: Building code out of date and won’t ensure warm, dry homes

In response to calls for a compulsory energy rating for buildings the Green Party is renewing calls for the building code to take better account of...
Read More

Story

Green Party calling for bold steps to tackle issues in Salvation Army report

The Green Party agrees with the Salvation Army that bold new steps are needed to stop a worrying trajectory of increased rent rises and homelessnes...
Read More

Story

Dilapidated Pink Flats textbook example of why we need a Warrant of Fitness

Families living in dilapidated conditions in a boarding house in Whanganui further demonstrates why a Warrant of Fitness for housing is required, G...
Read More