Govt housing measures not enough to help - first home buyers - a podcast by RNZ
from 2021-03-23T18:40
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Those struggling to afford their first home say the government's housing package does not go far enough to help them get a foot in the door and address the imbalance favouring speculators.
Landlords who sold houses between October and December last year pocketed a record $6.7 billion - that's the profit made compared to what they bought the properties for.
The CoreLogic figures show these realised capital gains on house sales totalled just over $16 billion since the nationwide lockdown last March.
Amy Williams filed this report.
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