Builders have never been busier, but they're increasingly pessimistic. The Government hopes its reassurances about ending the boom-bust cycle will turn that around, Thomas Coughlan reports.
Pre-qualification for KiwiBuild homes opened on Monday, with Kiwibank swiftly announcing a new home loan catering to prospective buyers, Thomas Coughlan reports.
Labour unveils a plan allowing couples earning up to $180,000/year to bid for houses costing $650,000. Phil Twyford describes KiwiBuild as "a middle-class aspirational home-ownership policy". Thomas Coughlan reports.
KiwiBuild home buyers will be required to live in their properties for at least three years and have an income cap of $180,000, according to criteria released today.
Phil Twyford has clarified that he remains on the fence about whether to impose a toll road on Transmission Gully.
As many as a quarter of homes built in the 2020s could be KiwiBuild homes, which could seriously dent house values across the market. Thomas Coughlan reports.
Housing and urban development minister Phil Twyford says construction companies and developers are on board with Kiwibuild, despite his hope that the government will be able to keep driving down prices for those houses.
The doors will be opened wider to overseas construction workers as the Government pushes to fulfil its ambitious building promises. Shane Cowlishaw reports.
New Zealand’s government will invite companies, both domestic and overseas, to express their interest in setting up or expanding off-site manufacturing factories for KiwiBuild homes, a government construction program aimed at alleviating the nation’s dire housing crisis.
The viability over the Government's KiwiBuild scheme has been called into question by the building industry, which says there is just no capacity to do it.