Poverty action group slams more state housing plan in Auckland
Sunday 6 June 2004
A Housing New Zealand plan to buy, build or lease 567 homes in north-west Auckland over the next three years won't solve the area's accomodation shortages, members of the Child Poverty Action Group say.
By The Landlord
Minister of Housing Steve Maharey says the Government has allocated $128.9 million over the next three years to buy new homes in the Auckland region.The money will allow Housing New Zealand to build or lease 460 homes in north-west Auckland.
It will also be used to buy 107 new homes.
But Child Poverty Action Group housing spokesman Alan Johnson isn't impressed.
Read More - Opens in a new window
Commenting is closed
House Prices
No stopping Capital price rises
There’s no sign of a slow-down in Wellington’s property prices with Trade Me Property’s latest data showing that asking prices continue to rise solidly.
Commercial
NZ proptech start-up scores major investor
Auckland-based commercial property disrupter, Jasper, has raised $2.3 million in seed funding following investment from European asset manager M7 Real Estate.
Mortgages
LVR limits slow down investors
LVR speed limits continue to have a "strong effect" on investors, according to CoreLogic, after the latest Reserve Bank data showed a drop in investor borrowing.
