Home Uncategorized KiwiBuild reset: 100,000 home target scrapped, $400m progressive ownership introduced

KiwiBuild reset: 100,000 home target scrapped, $400m progressive ownership introduced

Author

Date

Category

FFS what next?

​KiwiBuild’s 100,000 homes target has been scrapped and will not be replaced as part of the Government’s sweeping project reset.

A reset of the affordable housing policy unveiled today makes major changes, including a $400m progressive ownership scheme for up to 4000 families and a shift for wider support for first-home buyers, so buyers with as little as a five per cent deposit will be eligible for Government-backed loans and KiwiSaver withdrawals.

The reset of the troubled policy sets no targets for numbers of homes built, instead promising a “significant” number of new affordable homes, with monthly dashboards published to keep the public informed.

Housing Minister Megan Woods said the 100,000 target was overly ambitious and had led to “contracts being signed in places where there was little first-home buyer demand”.

This is Woods speak saying Twitford was an idiot. WE could have saved the taxpayers millions if Liarbour would have listened to reason. NO one ever actually believed in their 100,000 houses target. Now they have no targets.

Previous articleWho Wood Have Thought?
Next articleHave Your Say

14 COMMENTS

  1. So is the reset still called ‘KiwiBuild’ or is it now ‘KiwiShare’ or should we just skip straight to ‘KiwiFail’?

    0

    0

    • Or KiwiMac
      (as in Freddie and Fannie Mac the loan corporations that fell over in the USA due to Clinton lending to low income people.)

      0

      0

  2. These new monthly dashboards will be great.
    Will we be getting them in health?
    Or education
    Or Business Confidence?
    And the number of crimes being committed?

    0

    0

  3. Do you think Woody will last to the next election? I don’t see it.
    But then I don’t think the PM will ether!
    So Judith Collins wins bigly, it’s going to a bunch of giggles in the house!
    Poor ducky having to mind Cindy, whitless protection, all the fools. He’s going to have his work cut out!

    0

    0

  4. KiwiBuild reset: ‘Overly ambitious’ 100,000 houses in 10 years promise dropped, shared ownership schemes in
    https://www.newshub.co.nz/home/politics/2019/09/kiwibuild-reset-overly-ambitious-100-000-houses-in-10-years-promise-dropped-shared-ownership-schemes-in.html

    Video of the announcement by Megan Wood and Marama Davidson. Cindy has stepped away and put Marama in to take the fall if this latest scheme fails, afterall, it is a Greens policy that is being fullfilled with the new reset KiwiBuild which has allocated $400 million to support home ownership schemes such as rent-to-buy.

    Marama looks like a fish out of water at the announcement.

    0

    0

  5. I was listening to Woods too.
    I think she has a hidden psychic talent.
    As I was listening to her drone, I starting craving a steak and mushroom pie a donut a lamington and a coke.

    0

    0

  6. According to our good friend DPF his counter shows that they were close to 19000 short of the first years total of 10000. Well, perhaps the first 2 years totals?

    Worst government ever.
    Mind you I wouldn’t want to have a Tory govt. like Britain. What a bunch of self-interested lobbyists in there. Britain needs to update eligibility and donation rules more than we do.

    0

    0

Comments are closed.

Recent posts

White supremacists believe in genetic ‘purity’ (Look I found Paddy G)

White supremacists believe in genetic ‘purity’. Science shows no such thing exists By Dennis McNevin: Far-right white supremacist ideology is on the rise in Europe, North America and Australia....

A sensible leader say no to migration pact

ORBÁN REJECTS MIGRATION PACT, SAYS EU WANTS TO ‘MANAGE MIGRATION’ NOT STOP IT VICTORIA FRIEDMAN: The central European Visegrád group has criticised the European Commission’s planned...

Cancel culture. What is it?

The real cancel culture There’s definitely a space where free speech has been curtailed. It’s called the workplace. Steven Parfitt: ‘Cancel culture’ is the latest buzzword in...

Recent comments

howitis on Have Your Say
howitis on Have Your Say
Maggy Wassilieff on Have Your Say
Viking on Have Your Say
Editor on Have Your Say
waikatogirl on Have Your Say
waikatogirl on Have Your Say
Maggy Wassilieff on Have Your Say

The way we all feel about this useless government

Hamilton
broken clouds
9 ° C
10.6 °
8.3 °
86 %
0.9kmh
68 %
Tue
11 °
Wed
13 °
Thu
15 °
Fri
15 °
Sat
17 °
NZD - New Zealand Dollar
USD
1.5184
EUR
1.7749
AUD
1.0805
CAD
1.1366
GBP
1.9515
JPY
0.0144
CNY
0.2227
INR
0.0206