John Key’s hands-off housing ideas failing Aucklanders

Research released this morning shows the massive scale of the housing supply problem in Auckland, and the urgent need for the Government to intervene so that Aucklanders can have a chance to own their own homes, the Green Party said today.

“John Key’s hand’s-off approach to fixing the housing crisis is failing Aucklanders,” said Green Party Co-leader Metiria Turei.

“Auckland house prices are already out of reach of everyday Kiwis, and these dismal supply figures show that the problem’s only going to get worse.

“A housing shortage of 15,000 in a growing city like Auckland isn’t good enough; nor is the 24,500 shortfall projected for 2018.

“The Government could be showing real vision and leadership by undertaking a large-scale home-building programme in Auckland, using its access to low-risk, low-interest finance.

“They could then sell those houses back to Aucklanders through progressive ownership programmes.

“The Government could also be doing more to address the demand side of the issue – a full capital gains tax and a ban on non-resident foreign investors would be good steps to dampening speculation and protecting first-home buyers.

“Instead, John Key and the National Party are determined to leave Auckland’s future in the hands of the market.

“Clearly, at the moment the market is working against Aucklanders – and so is this do-nothing Government,” said Mrs Turei.

 

Action

Virtual Events

We have activists across Aotearoa / New Zealand who are working hard to build a brighter future for our kids and grandkids. This page lists upcomin...
Take Action

Action

It's time to pay our essential workers a dignified wage

Our essential workers are the heroes getting us through the COVID-19 crisis, yet for too long they’ve been...
Take Action

Action

Join our call to stop funding fossil fuels!

We need to remove all public money managed by the Government from climate-changing fossil fuel industries.
Take Action

Action

Support our Climate Action Plan for bigger bolder climate action

We agree with all five of the School Strike for Climate's demands. Read more and sign the petition.
Take Action

Action

Show your support to end housing inequality

Our essential workers are the heroes getting us through the COVID-19 crisis, yet for too long they’ve been undervalued and many barely....
Take Action