More affordable homes could just mean fewer other optionsCHRISTEL YARDLEY/STUFF Labour is promising 100,000 affordable homes. Labour's promise to build more affordable homes may not increase the housing stock as much as it is promising - and could make the next step for buyers more expensive. One of Labour's housing policies is KiwiBuild, a programme through which it will deliver 100,000 affordable houses over ten years for first-home buyers. Builders could increase their production of affordable homes over time, he said, but it would be at the expense of other work. That could mean more affordable homes but fewer mid-range or top-level options, he said.
Source: Stuff September 15, 2017 16:52 UTC