We can resource state housing, it is a choice to underfund our public infrastructure and then seek out the private market to fund it.  

Capital and IRRS funding 

Each year when the Government delivers their Budget, they can choose to inject more capital funding into the construction of new state housing. They can also commit more funding for IRRS places so that Kāinga Ora can provide more homes.

Renters move in and pay rent

If we had more state housing, renters of varying income levels would move in and pay rent. Those with higher incomes pay more. The rent would cycle back into the maintenance and construction of more homes. This means that rather than our rent going to the profits of an individual landlord for personal gains, our rent goes towards more people in our communities having homes.

Borrowing

Our national debt levels are actually low. While the Government has manufactured a debt crisis with Kāinga Ora - their debt levels are low if compared to how much stock we have. We can borrow to build state housing at scale. Borrowing now will save the government on health, welfare, education and justice budgets.

Capital Gains Tax 

Buying and selling homes is being treated as a get-rich-quick scheme for people who already have access to wealth. We should tax those who make profit from housing, and tag the funding to the building of state housing that we all own.