GRA Blogs

Articles by Matthew Gilligan

KiwiBuild Policy

AUTHOR: Matthew Gilligan

POSTED: 30 October 2018

Middle class, sometimes low net worth people run our labour force, including the public sector for essential services. Police, fire fighters, teachers, nurses, even doctors, are struggling to get a home in supply-starved Auckland – so they move to the regions. Net result: our schools, hospitals, first responders, and our local businesses in Auckland can't get or retain the labour they require. And people can't live where they want to live.

The KiwiBuild policy is right on point for making houses for these people and is much needed. People trying to hijack the policy with a liberal narrative saying it's not helping poor people, and poor people deserve home ownership in Auckland, are ambushing the argument with discussion irrelevant to the intended outcome. This is not social housing or social welfare policy.

KiwiBuild increases the supply of cheaper houses in Auckland, which have to be small to be affordable here, but are still nice. People starting out in their life have a shot at owning a modest home, if they have the income and employment.

Good work Twyford, you're making an impact with this policy. You are turning developers' attention away from million-dollar homes (average houses in Auckland) and focusing them on affordable houses. Well done!

Request a Meeting

Matthew Gilligan
Director

09 522-7955

[email protected]

© Gilligan Rowe & Associates LP

Did you like this article? Subscribe to our newsletter to receive tips, updates and useful information to help you protect your assets and grow your net worth. We're expert accountants providing expert advice to clients in NZ and around the world.

Disclaimer: This article is intended to provide only a summary of the issues associated with the topics covered. It does not purport to be comprehensive nor to provide specific advice. No person should act in reliance on any statement contained within this article without first obtaining specific professional advice. If you require any further information or advice on any matter covered within this article, please contact the author.

Comments

Testimonials

Property School has well thought out curriculum and content. I enjoyed the plain speaking of the presenters and finished the course feeling very motivated. - Peter, April 2018

We can help

Here's how

Investing in residential property?

Put this at the top of your reading list.

If you're investing in residential property, seeking to maximise your ability to succeed and minimise risk, then this is a 'must read'.

Matthew Gilligan provides a fresh look at residential property investment from an experienced investor’s viewpoint. Written in easy to understand language and including many case studies, Matthew explains the ins and outs of successful property investment.