The Kākā by Bernard Hickey
The Kākā by Bernard Hickey
At least a decade to achieve affordability under Labour
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At least a decade to achieve affordability under Labour

McAnulty doesn't think house prices need to fall; He wants wage growth to do the work to improve house price-to-income multiples; Panel rejects apartments after Luxon opposes 54-unit block
Bernard Hickey
Aug 04, 2024
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Kieran McAnulty has described Chris Bishops’s comments on house prices as “pretty brave”, saying he doesn’t think prices need to fall. Photo: Lynn Grieveson / The Kākā

TL;DR: My top six things to note around housing, climate and poverty in Aotearoa’s political economy on Monday, August 5 are:

1. News: McAnulty wants flat house prices plus rising wages

Labour Housing Spokesperson wants affordability via wage inflation

Labour Housing Spokesperson Kieran McAnulty stopped short yesterday from joining Housing Minister Chris Bishop in wanting to achieve better housing affordability through lower house prices.

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Bernard Hickey and friends explore the political economy together.
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