- Labour leader Andrew Little agreed house prices in Auckland should cost in the “ballpark” of $500,000 as an affordable level under the party’s new policy.
Labour will reveal this weekend a “comprehensive package” for building more affordable housing around the country.
Pricing would differ around the country, Little told RNZ, adding: “I’ll give a figure on Sunday, but we think that we’ve got a figure that is affordable.”
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* $1 billion housing pitch unveiled by Prime Minister John Key
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* Government announces over 500 new social housing properties in Auckland
* Wellington Night Shelter needs $30k ratepayer bailout
* Real Estate NZ: Shrinking house stock, high prices make it a house seller’s market
* New Zealand house price rises outpace all but one country
* Wellington suburbs join the million dollar club
Labour leader Andrew Little says the priority is on building more houses, not ruling out state housing solutions to the shortage.
READ MORE VIA STUFF