Chris Bishop: Housing Minister on the new plan to cut costs in Kainga Ora
The Mike Hosking Breakfast · Newstalk ZB
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Show Notes
The Government's set to sell off high-priced Kainga Ora homes in an effort to bring its books down.
It's reviewing state housing stock, focusing on expensive areas.
Its new cost-saving plan includes the sale of around 900 homes a year, with the money to go to more low-cost, denser places with greater demand.
Housing Minister Chris Bishop told Mike Hosking they want to be more deliberate with their purchasing.
He says 50% of people on the register just need a one-bedroom unit, so they don't need to be building lots of three bedrooms.
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