Sue Bradford launched the Greens’ housing policy last night in Otahuhu. The policy signals an important shift from seeing houses as an investment for landlords to a home for people in need. The NZPA story highlights some of the key points including:
- raising the rate of building and acquiring state houses through Housing New Zealand Corporation to at least 3000 houses a year for the next three years;
- a “massive” increase if funding for community and iwi based housing so a minimum 1000 houses a year could be built over the next three years;
- removing legislative, regulatory and financial barriers to make it easier for Maori to build on communally owned land;
- introducing a capital gains tax on all but the family home and tightening the rules around Loss Attributing Qualifying Companies and equivalent methods of achieving tax deductions.
Sue said of the policy:
The foundation of the Greens’ national housing strategy is that no one remains homeless or in inadequate or substandard housing.
Housing has been a problem that government has never really got on top for at least the last two decades. It is going to take significant reinvestment to rebuild stock so that owning a family home is something that ordinary New Zealanders can work toward. That will mean providing more housing for those most in need as well as changing the balance so that people who want to buy homes to live in are not losing out to property investors and speculators.