Key Facts:

  • CoreLogic’s Kelvin Davidson examines what a National-led government would mean for the property market.
  • The National Party plans to repeal the government’s housing policies, focusing on supply and affordability.
  • National promises to build 80,000 new homes over four years, with at least 40% being KiwiBuild properties.
  • They plan to introduce a Housing Reform Document, increasing developer participation and boosting supply.
  • National proposes a policy to allow first home buyers to access their KiwiSaver early for the deposit.

Article Summary:

Kelvin Davidson from CoreLogic has analyzed what a National-led government would mean for New Zealand’s property market. The National Party’s key focus is on supply and affordability, intending to repeal the current government’s policies. National has promised to build 80,000 new homes over four years, with at least 40% being KiwiBuild properties. They also plan to introduce a Housing Reform Document to increase developer participation and boost supply.

Another key proposal is allowing first home buyers to access their KiwiSaver early for the deposit. This would provide an opportunity for individuals to enter the property market sooner. Overall, National aims to address the housing crisis by increasing supply, making it easier for first home buyers to get onto the property ladder, and fostering greater developer participation.

To read the full article, go to: https://www.interest.co.nz/property/124152/corelogics-kelvin-davidson-takes-look-what-national-led-government-would-mean