PHOTO: Aerial view of New Zealand houses at Mount Maunganui, Bay of Plenty. Photo: 123RF
Property Investors Federation executive officer Sharon Cullwick has doubled down on her claims that first home buyers are contributing to the housing crisis.
Earlier this week Cullwick told RNZ that if a first home buyer purchases a property that was a rental property, another dwelling is needed to house the extra people living in that rental house.
“So every time a first home buyer buys a house – even though it’s great they are getting into the market – it actually makes the housing crisis worse.”
Cullwick repeated that claim on Morning Report on Wednesday.
“What they are doing is if a first home buyer lives in a flat that they are renting with others and they move out of that flat, you still need two houses to house them,” she said.
“Often when they move out, they are moving out into a home by themselves without flatmates, so you still need another house for the flatmates to live in.
“If you have got a couple that move out of an existing rental property then they are taking up another house.
“The only way we can solve this housing crisis is by building more houses. And the only way we can build more houses is when there’s a downturn in the market, ensuring we are continuing to build houses.”
She hoped the Resource Management Act (RMA) would allow for more houses to be built.
READ MORE VIA RNZ
