![]() ![]() ![]() We're doing it, he says, because we keep electing Governments too scared to upset the property-owning Baby Boomer demographic. "It's a pipe dream to say we're going to build new houses at the current methods that normal Kiwis can afford. "The Government can build cheap houses, but you can't do the same thing that we've been doing," he told The AM Show on Thursday. ![]() Mr Eaqub says more of the same won't fix the housing crisis. Report author: New Zealand's housing is a 'cluster'.Housing Minister Phil Twyford on Wednesday publicly dropped the target of building 1000 affordable homes in the much-maligned 10-year scheme's first 12 months, saying only 300 would emerge out of the overall total of 100,000.īut the KiwiBuild system will remain the same - incentivising developers to build houses first-home buyers can afford, or snapping up qualifying homes that have already been planned or built by the market. The Government's flagship housing programme KiwiBuild is a "distraction" that won't achieve anything, Shamubeel Eaqub told The AM Show on Friday. Parliament is full of "idiots" who either have no idea how to fix the housing crisis or are too scared to try, according to one of the country's best-known economists. ![]()
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