ZB

Tim Dower: We might have done better on new builds if we'd gone this way from the start

Author
Tim Dower,
Publish Date
Fri, 22 Jul 2022, 8:35am
Photo / Supplied
Photo / Supplied

Tim Dower: We might have done better on new builds if we'd gone this way from the start

Author
Tim Dower,
Publish Date
Fri, 22 Jul 2022, 8:35am

The Government is making yet another attempt to fix our housing issues with its multi-billion dollar fund for housing infrastructure.

Now officially up and running with seven regional schemes to put in all the basic infrastructure needed to support subdivisions.

You've just heard the Minister insist this isn't doubling up or even tripling up on work that should be paid for by developers, or by the local bodies that charge the earth for building consents.

If you've ever gone down that road, you'll know you pay a development contribution that's meant to cover your slice.

Anyway, it's expected to basically lay the groundwork for about 8000 homes over the next 20 years.

Heck of a long way from that KiwiBuild promise of 100,000 new homes. So far, six years in and we've got how many?

Well the most recent number the Minister gave last month 1,365 New Zealand families are actually in KiwiBuild homes.

Another 856 are currently under construction, just waiting for the GIB.

Against a target of 100,000 in ten years.

If I was going to be mean-spirited about it I might do the maths and project how many homes we might expect this new approach to achieve.

But I won't, all I'll say is that we might have done a lot better overall on new builds if we'd gone this way from the very start.