Councils say ‘no’ to cheap homes bill

Local councils have rejected the Government’s new affordable housing bill, warning that associated costs will push up rates and make all ratepayers subsidise first-home buyers.

The Affordable Housing Bill is intended to add about 1000 new cheap homes to the national housing market each year.

But councils can choose not to use its provisions, and all that have made submissions to a parliamentary select committee considering the bill have rejected it.

Read more 

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s