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14 May 2021 18:59
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  •   Home > News > Politics

    Taxpayer spending on housing support is a big ticket that's only going to get even bigger in the years ahead

    Taxpayer spending on housing support is a big ticket that's only going to get even bigger in the years ahead


    The Government is now spending a billion dollars on housing every three months.

    Bagrie Economics founder Cameron Bagrie says at the current rate, the figure is likely to jump to around five billion a year by 2025.

    He says this will no doubt hurt future generations - but the issue is certainly not new, and highlights the severity of the housing crisis.

    © 2021 Newstalk ZB, NZCity


     Other Politics News
     14 May: Calls for student accommodation to fall under the Residential Tenancies Act
     14 May: The Trade Minister is confident a trade deal will get across the line with the European Union
     13 May: The Government's being told to rethink proposed housing investment changes
     13 May: Another SFO prosecution, involving donations to the National Party, is due to go to trial in September
     13 May: High income countries with a Covid-19 vaccine pipeline are being urged to provide a billion doses to low and middle income countries by September
     13 May: Politicians are being told to focus on fixing problems that impact all New Zealanders
     12 May: The Health Minister claims the medicinal cannabis market isn't up to scratch
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    Law and Order:
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    Law and Order:
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    Law and Order:
    NRL star Dylan Walker will be sentenced today after pleading guilty to assault 13:48


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