Labour can’t attack National on housing

Labour’s record on housing is even worse than National’s, says ACT Leader David Seymour.

“Labour are right to point out the extent of our housing shortage. But their policy of making the government build houses won’t address the causes of the shortage. Instead, the government will face the same barriers that private developers do: a wall of red tape in building and a lack of residential-zoned land.

Seymour offers to stand in for PM in housing debate

ACT Leader David Seymour has offered to take up Andrew Little’s challenge of a housing debate in Mount Albert.

“I’m happy to do the Prime Minister a favour and take his place in a housing debate against Andrew Little,” says Mr Seymour.

“Hopefully, the Prime Minister declined the challenge simply because he’s busy. But if the real issue is a lack of ideas from the Government, I’m happy to help out.

Major flaw in debt-to-income limits flagged

The Finance Minister has admitted that the Government doesn’t know how proposed Debt-to-Income (DTI) limits would measure debt held overseas.

“Capping the funds so you can borrow to a ratio of your income would give a systematic advantage to those who can borrow offshore either personally or through family, because the New Zealand Government cannot possibly monitor financial transactions worldwide,” says ACT Leader David Seymour.

David Seymour: State of the Nation Speech

12:00pm, 23 January 2017 Princes Wharf, Auckland

Policy summary attached at bottom of speech.

Greens' calculator overpromises

“The Greens have never been up to it when it comes to finance and economics, and their student loan savings calculator, which misleads students, is more proof," says ACT Leader David Seymour.

Greens' economics blindspot takes you faster into debt

“The Greens’ Faster Into Homes policy is a cute piece of political marketing that will hurt the young people it is trying to help,” says ACT Leader David Seymour.

“The fundamental problem is that once you’ve saved for a deposit you have to start making repayments to your mortgage, but under the Greens’ plan you’ve still got your student loan taking 12 per cent of your income.  Not only does that reduce your ability to pay a mortgage, banks will likely take it into account, demanding higher deposits and or higher interest rates.

Greens baselessly sully landlord reputations

The Greens need to establish facts instead of sullying the reputations of Wellington landlords, says ACT Leader David Seymour.

“James Shaw is sullying the reputation of landlords by publicly reckoning that they’re charging evacuated tenants rent, without providing any evidence or names of affected buildings. In fact, he couldn’t even tell Mike Hosking if this was against the law or not.

Inequality report shows MPs must renew focus on housing supply

Increasing the supply of housing should be a multi-partisan priority if Parliament is serious about decreasing inequality, says ACT Leader David Seymour.

“The New Zealand Initiative report confirms what ACT has always said: ignoring the political noise reveals ballooning housing costs are the chief driver of inequality in recent decades,” says Mr Seymour.

Government home building comes at cost of private development

The Government’s plan to build more houses will come at the cost of private housing development, says ACT Leader David Seymour.

Seymour to Twyford: Put your money where your mouth is

ACT Leader David Seymour is challenging Labour Housing Spokesman Phil Twyford to put his money where his mouth is on Urban Growth Boundaries.

“His proposed amendment to remove Urban Growth Boundaries was a good one, so why doesn’t he turn it into a private members’ bill, and put it in the ballot?” says Mr Seymour.

“Surely this is a more important issue than wheel clamping, which Mr Twyford’s current members’ bill addresses – a strange priority for a housing spokesperson.”