New housing minister Phil Twyford said "land bankers" will be in the firing line as the KiwiBuild programme gets rolled out.
Phil Twyford: "We have the worst level of homelessness in the world."
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The NZ Labour Party campaigned on increasing New Zealand's housing stocks in the Septermber 2017 general election. The promise is to build 100,000 homes over the next 10 years. Housing minister Phil Twyford has hit the ground running.
"We've got a Housing Minister now that accepts there is a housing crisis," Twyford said.
He announced yesterday his plans to obtain enough land to bring these plans into effect through freeing up Crown lands and forcing the hand of "land bankers" (developers) to release land to the government.
"You don't want to have one land banker holding out a massive new development that's going to deliver thousands of new homes," says Mr Twyford.
Twyford has plans for the Auckland housing problem, and has innovative ideas for solving housing issues outside of city boundaries.
Twyford said, "We're going to throw everything at it."
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