PHOTO: Shamubeel Eaqub 

Economist Shamubeel Eaqub says KiwiBuild will have to change and might be better off building social or rental houses if it’s to reach its goal of 100,000 houses.

“People have really misunderstood KiwiBuild, it’s such a complicated thing. It’s a complete distraction,” he said.

KiwiBuild aims to increase the housing supply by facilitating the building of 100,000 homes within the next decade.

Another 250,000 would normally be built by the private market over that time and Eaqub estimates the country will be another 200,000 short.

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