this post was submitted on 25 Sep 2023
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Did National really just simply sell off state houses? (thespinoff.co.nz)
submitted 1 year ago by [email protected] to c/[email protected]
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Really interesting article which serves as a good background to the current problem with state housing.

Tl;dr: Did National sell off state housing? Yes, but the net loss was only a few hundred. However, if you factor in the proportion of the total housing stoke owned by the state, we are short 43,000 state homes, and that's only for the rather meagre 5.4% of total stock.

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[–] [email protected] 3 points 1 year ago

Yup, which has resulted in a double-whammy of problems.

  1. There's not enough social housing to keep vulnerable and disadvantaged people in homes.
  2. There's not enough non-private housing to create market pressures that might otherwise change private provision of housing.