Private profit could fuel social housing boom

Innovative finance helped build these Auckland social houses. (Image: Salvation Army)

Wed, 15 May 2024

New Zealand’s community housing sector has grown over the past 10 years. Its future growth might also contribute to the new government’s plan to rely more on private capital. This is the second article in a series on the business of social housing.“The madness is this: one plus one equals scrambled eggs.”That’s how James Palmer summarises the state of New Zealand’s housing market.Putting Humpty together again – or at least unscrambling the mess for the people least able to cope – is being addresse...

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