Housing Crisis What Housing Crisis?

[Perry]

For example 573,900 households in private rentals and 1,086,700 private owner occupied dwellings.

From which of those reports did you glean those figures?

[artemis]

From which of those reports did you glean those figures?

Housing and Urban Development BIM

[Don't believe the Hype]

Thanks for sharing the link...

Many factors in the report that point to other issues being a key driver of housing issues however our friends in the communist party only want to focus on their predetermined conclusion.

From the report - 'Other social factors also contribute to people’s ability to access or sustain housing in the private marketsuch as addiction issues, mental health conditions and having a history of offending'

The report says that there is a need to increase the number of private rentals... how do you get to the conclusion that you need to tax housing to make it more affordable

From the report - 'Growing need for housing assistance cannot be effectively addressed without policy changes toincrease the supply of affordable housing for both ownership and private rental.' (emphasis added)


Where is the plan to create a path out of the need to rely on social housing?

The report also mentions a large number of HNZ houses (1621 homes roughly 2.5%) where the tenants are paying market rent - why, if there is so much demand for subsidised homes is anyone who can afford market rent allowed to stay in a home and not moved on to the private market?

The report also says there are 5844 families looking for housing - if the 1621 houses occupied at market rates were made available to these people the waiting list would be reduced by nearly a third (28%) down to 4223 families nation wide.

To put this into perspective this is under 10k people nationally who would be looking for housing support out of a population of roughly 5 million - or POINT 2 of a Percent (0.002%)

[Perry]

Housing and Urban Development BIM

Thanks.



It's not helpful that there are two very similar report titles.

Like Don't believe the Hype, I found some of the observations quite telling. From the 'other' Report:

HOUSING AND URBAN DEVELOPMENT STATE/SOCIAL HOUSING

Page 7

Demand for state/social housing is increasing rapidly, driven significantly (but not only) by declining housing affordability and a shortage of affordable housing for private rental or ownership? The number of eligible households waiting to be placed in state/social housing rose by 27 percent between September 2016 and September 2017, and by 72 percent between September 2015 and September 20171? Auckland accounts for the majority of applicants, but the greatest increases in demand are in other centres.

State/social housing funded by central government makes up only around four percent of the total residential housing market in New Zealand and around 11 percent of the rental market, and is very costly. Growing need for housing assistance cannot be effectively addressed without policy changes to increase the supply of affordable housing for both ownership and private rental.

Page 8
The challenges currently facing state/social housing are significant? A shortfall of housing in the private market, particularly in specific regions, is resulting in increased financial stress for low- to middle- income households, growing demand for state/social housing, increasing poverty rates for families with children and low-income single adults, and an increasing reliance on emergency and transitional housing.

The most sustainable and cost-effective solution to many of the challenges currently facing state/social housing is improving the affordability and availability of housing in the private market, particularly by ensuring that housing supply responds effectively to demand.

Officials would like to discuss your views on an appropriate level of supply and whether you would like to seek a greater level of supply from HNZC than currently proposed, as well as other options for new supply, including partnerships with community housing providers, local government and iwi? We would also like to discuss with you your manifesto commitment to increase the availability of houses to New Zealanders through KiwiBuild.

Note: no partnerships suggested with private residential housing providers.

[artemis]

.....

The report also mentions a large number of HNZ houses (1621 homes roughly 2.5%) where the tenants are paying market rent - why, if there is so much demand for subsidised homes is anyone who can afford market rent allowed to stay in a home and not moved on to the private market?.............

Back in 2011 the government introduced a policy of reviewable tenancies. There was previously no legal mechanism to terminate tenancies upon review. Since then, moving tenants paying market rent to the private sector has been a priority. But slow, as support to move on takes a while, especially when tenants cling on.

Housing NZ and MSD (maybe IRD too, not sure) do share income information for state housing to make sure income related rents are properly set. A few high profile prosecutions for fraud in the last couple of years.

Current government policy on terminations if market rent paid? No idea, but picking the policy will be quietly dropped.

[artemis]

.....

Note: no partnerships suggested with private residential housing providers.

Obviously the government prefers a partnership against private providers.

[Nick G]

Red Team can’t get their heads around the fact that people need to make a buck and will go to great lengths to try and solve problems with as few people making a profit as possible.

[Perry]

Except the red and envy-green MPs, of course.

[Perry]

Housing Bubble About To Pop, Bryan Gould Predicts
24 June 2016

18 months on and the danger of predictions is again revealed.

No kidding, Sherlock?

[Glenn]

18 months on and the danger of predictions is again revealed.

No kidding, Sherlock?

I just wonder what the experts in MBIE do all day.
How come they do not look outside their windows and count the numbers on busses.
I just put this little comparison together so one can instantly see what is happening in the market.

Area Population Adverts A year of Building consents Population/Building consents Population/TM adverts Nelson / Tasman 100,000 77 637 157 1299 Manawatu/Wanganui 223000 173 956 233 1289 Waikato 460100 553 3596 128 832 Auckland 1377000 3763 10469 132 366 Hawkes Bay 164000 78 578 284 2103

[Perry]

I just wonder what the experts in MBIE do all day.

Do 'research' to prove what their Ministers say / want to hear.

In that way said 'experts' will be the same as the tax working group: it will produce the answer that the W'gton woodenheads want.

[flyernzl]

My view is that almost all of the Politicians In Power (not necessarily counting the make-weight backbenchers) have never actually had to earn a living in some endevour where there is no taxpayer/ratepayer guaranteed funding.
So they have no experience of 'keeping the customer satisfied' in order to be able to pay this weeks grocery bill.
Even those who have been employed in some family business (eg farming) are generally second or third generation where they have inherited the golden egg.

There are one or two exceptions, but that's the general run of it.
Similarly with the top public servants - school/university/govt guaranteed income.

[Davo36]

And they call it 'service'.

When actually what they're doing is bludging.

[Perry]

The foregoing comments (and other reasons) tend to confirm why people who are best fitted for the task are never even available, never mind likely to accept.

[fuzzlevalve]

Phil Twitford?

(From Judith Collins)

Today, Minister of Housing Phil Twyford confirmed that he knows almost nothing about the detail of the proposed Unitec flagship Kiwibuild development.

He told Parliament that although Unitec had suggested that up to 2,600 homes could be built on the site, he was now thinking that up to 4,000 would be built.
When asked for the size of these homes that he is speaking of selling for $600,000 to first home buyers, he spoke of 30 square metres being the minimum. That's smaller than a double garage which is 36 square metres.
And when asked who is going to build all these homes, he stated that will be 'skilled' people imported and lots of Kiwis trained. Where are all these imports going to live while they're building these homes? According to Phil Twyford - in a house - somewhere. Where are all these Kiwis waiting to be trained?
Homebuyers will know that our banks are not lending on properties under 30 square metres and will only lend up to 50% on one bedroom apartments under 45 square metres. Add to that, the 'Kiwibuild requirement' that buyers can't sell the home for 5 years, and we have a recipe for an absolute disaster with lenders running for cover.
Phil Twyford clearly thinks first home buyers are sitting around with $300,000 in the bank just waiting for their chance to borrow another $300,000 to buy a tiny apartment that they can't sell for 5 years.