Very little crystal clear with Govt's state housing plans
The term is social housing. How you describe it is probably governed a little by where you sit on the political spectrum.
Under social housing the government essentially wants rid itself of state houses and have the sector managed by community groups, such as the Salvation Army and iwi.
In an very good piece in the NZ Herald, its political editor John Armstrong suggests that if Finance Minister Bill English and Treasury have their way Housing New Zealand will cease to exist as all its houses will be transferred to “social” organisations.
However, he makes the point that the government wants to “sell” its state houses to social organisations, who in all likelihood won’t have the money to pay market prices for the houses.
NZ Property Investors Federation Andrew King, who is politically well-attuned, sees what is happening in this space as a significant risk to the private landlords.
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