Last year Labour promised to build 100,000 new houses for $300,000.
This year the price has gone up:
Labour leader David Shearer has conceded his party’s affordable housing policy will only be able to deliver small apartments or terraced housing in Auckland for the $300,000 price tag – while standalone family homes are more likely to cost up to $550,000.
He can’t blame that on inflation, it’s his party’s own fudged figures.
We built a three-bedroom, one bathroom house with a lean-to car port for dairy staff for $180,000 last year and a three bedroom, two bathroom manager’s house with a double garage for $280,000.
That leaves $120,000 for a section for the smaller house which wouldn’t be difficult in small towns but wouldn’t buy much in Auckland.
You’d be in the likes of Ohai before you’d find a $20,000 section for the bigger house.
After his speech yesterday Mr Shearer said the $300,000 figure Labour had quoted was the average price of KiwiBuild homes nationwide rather than applying to every house under the scheme. “In some places it will be more.”
But the housing affordability isn’t a nationwide problem it’s mostly an Auckland one.
Labour’s plan does nothing to address the cause of that which is the availability, and therefore price, of land.
That is why National’s policy addresses the high cost and lengthy time some councils take to process consents for new developments.
“They are apartments, they are terraced houses. For a three- or four-bedroom standalone house it will be more.”
He said three- and four-bedroom standalone homes were “of a different ilk” and a lot of the homes built in Auckland would be two-bedroom apartments or terraced housing.
Isn’t Labour also concerned about overcrowding? How many families do they expect to fit on two-bedroom apartments?
This is typical of Labour to promise much, spending our money, to benefit a lucky few, neither helping those most in need nor addressing the cause of the problem.