February 12th 2018
Transformation Government.
Housing experts are expecting a big drop in house prices based on the new governments housing policies.That is to be expected from the business class who really don't have any time for a more fair and open government.They state that investors will not be buying more investment properties because of a slowdown in population growth and net migration.Investors can also expect to see the end of their ability to off-set rental property losses,against their other income streams.
The previous government did not grasp the scale of what was required to tackle the housing crisis that their policies created.
In Palmerston North,planning is underway, Housing New Zealand [HNZ ] will be constructing new modern one an two bed roomed homes They will be low maintenance and will be insulated with carpets and curtains and double glazing.
There will be some in fill housing which is set to start soon, [HNZ]they will be talking with their tenants to answer any questions over the issues,so good on them, some action on state housing after years of neglect by the National Government.