Post by Kiwi Frontline on Feb 20, 2024 3:49:06 GMT 12
FOREIGN LANDLORDS NO ANSWER FOR HOUSING CRISIS
A Māori housing advocacy group says the idea of opening the door for foreign investors to build for-profit rental accommodation profit, will only worsen housing affordability – especially for Māori.
“Government needs to start valuing the opportunities in partnering with Maori providers… with iwi providers, and look at us as an option to build to scale,” Ms Hamlin-Paenga says.
She says while foreign investors may have the money for mass building projects, they are done only for profit – not wider community needs….
waateanews.com/2024/02/19/foreign-landlords-no-answer-for-housing-crisis/
A Māori housing advocacy group says the idea of opening the door for foreign investors to build for-profit rental accommodation profit, will only worsen housing affordability – especially for Māori.
“Government needs to start valuing the opportunities in partnering with Maori providers… with iwi providers, and look at us as an option to build to scale,” Ms Hamlin-Paenga says.
She says while foreign investors may have the money for mass building projects, they are done only for profit – not wider community needs….
waateanews.com/2024/02/19/foreign-landlords-no-answer-for-housing-crisis/