PHOTO:WARWICK SMITH/STUFF A state house is demolished in Rangiora Avenue, Palmerston North, in 2019. When Kāinga Ora sells a house the money received is reinvested in the redevelopment of existing property or to buy new property.
The Government has sold at least 146 state homes worth more than $30m since late 2017, despite Labour promising to stop the sale of state houses if elected to government.
From late October 2017, when Labour formed a coalition government with New Zealand First and the Green Party, to December 2019 the Government’s housing agency Kāinga Ora sold 146 state houses, figures released under the Official Information Act show.
But its housing development programme far outweighs the number of houses sold with 2813 state homes having been built since June 2018 and a further 2596 under construction.
In the lead up to the 2017 election Labour said if elected it would immediately end the sale of state houses.
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