Julie Scott: Community Housing Trust CEO on Queenstown's battle with affordable housing
The Mike Hosking Breakfast · Newstalk ZB
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Show Notes
Queenstown seems to be in a losing battle on affordable housing as its average property value crosses more than two million dollars.
That's a 50% increase on 2019.
The district's wait list for affordable homes has crossed 13-hundred eligible local families.
And tourism operators have turned to buying empty hotels to house workers in.
Community Housing Trust Chief Executive Julie Scott told Mike Hosking Airbnbs continue to be a major contributing issue.
She says visitor accommodation is having long-term impacts on rental properties, with 27% of Queenstown homes unoccupied.
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