Opinion - Budget 2017 made incremental steps to addressing New Zealand’s housing crisis. The Budget may not be the best place for it, but there is clearly no ambitious plan to fix it. The measures are ‘ambulance at the bottom of the cliff’ stuff.
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The Budget announced a boost to the accommodation supplement, and already-announced increases in house building by Housing New Zealand, infrastructure spending and hints of public private partnerships to accelerate infrastructure investment. These changes are very welcome. The main criticism is that these initiatives are too timid and gradual.
The increase in the accommodation supplement is welcome relief for families battling rising rents and cost of living. But with not …
Read the full article at: http://www.radionz.co.nz/news/on-the-inside/331658/softly-softly-in-the-face-of-nz-s-housing-crisis
