Hundreds of millions in state house land sold by Labour in the middle of a housing catastrophe for people on low and middle incomes

Meanwhile we have 25,000 on the state house waiting list, up from just over 5,000 when Labour came to power in 2017. In addition to the $131million in land sold so far, hundreds of millions more is in the pipeline. I have previously described Labour’s sale of former state house land as the largest privatisation of state assets since the 1990s. The state house waiting list has been growing at twice the rate the net number of state houses is increasing. An average increase of just over 1200 per year for the 25,000 on the state house waiting list.