INDEPENDENT NEWS

Affordable housing needed so people can buy in Mt Roskill

Published: Wed 2 Nov 2016 03:32 PM
2 November 2016
Affordable housing needed so young people can buy in Mt Roskill
Fewer than one in five adults under 40 in Mt Roskill own their own home according to new research, says Opposition Leader Andrew Little.
“Young people simply cannot afford to buy in Mt Roskill. As in much of New Zealand, prices are rising too fast while incomes are stagnant. The typical Mt Roskill house now costs $892,000, up $273,000 in the past two years.
“The median house price in Mt Roskill has been rising at $2,300 a week since June 2014. The median wage is up just $80 in the same time. Under National, the Kiwi dream of owning your own home is slipping away.
“Not a single affordable home has been built in Special Housing Areas in Mt Roskill, according to Auckland Council.
“I welcome Auckland Mayor Phil Goff’s call for central government to take the lead in fixing the housing crisis. Labour will build 100,000 affordable houses for first homebuyers to purchase and shut speculators out of the market.
“Labour’s comprehensive housing plan will stabilise house prices and give young people a fair shot at the Kiwi dream,” says Andrew Little.
Parliamentary Library researchHomeownership among people aged 20 to 39 years by area units mostly in the Mt Roskill electorate, 2013 CensusArea units mostly in Mt RoskillOwn or partly own usual residenceTotal people statedOwnership rate (%)Sandringham East2611,14622.8Maungawhau2461,22120.1Mt Eden South3451,49123.1Three Kings3421,84518.5Royal Oak2851,42520.0Hillsborough West4412,15420.5Hillsborough East3181,18826.8Walmsley991,1348.7Wesley11488512.9Akarana1351,6298.3Lynfield South2851,15224.7Waikowhai West2191,03521.2Waikowhai East2221,36216.3Onehunga North West2191,07420.4Onehunga North East3421,09531.2Total3,87319,83619.5Note: Ownership includes people whose home is in a family trust.Source: Statistics NZ, 2013 Census. Data extracted from NZ.Stat.Dataset: Tenure holder by age group and sex, for the census usually resident population count aged 15 years and over, 2001, 2006 and 2013 Censuses (RC, TA, AU) Ownership rate calculated by the Parliamentary Library.
ends

Next in New Zealand politics

Government Throws Coal On The Climate Crisis Fire
By: Green Party
Public Transport Costs To Double As National Looks At Unaffordable Roading Project Instead
By: New Zealand Labour Party
New Paper On A Framework For Assessing The Economic And Fiscal Impacts Of Climate Change
By: The Treasury
Pet Bonds A Win/Win For Renters And Landlords
By: New Zealand Government
New Zealand Condemns Iranian Strikes
By: New Zealand Government
EDS Calls For Fast-track Approvals Bill To Be Abandoned In Submission To Select Committee
By: Environmental Defence Society
View as: DESKTOP | MOBILE © Scoop Media