The billions spent on NZ’s accomodation supplement is failing to make rent affordable – so what will?
- Written by Edward Yiu, Associate Professor, School of Business, University of Auckland, Waipapa Taumata Rau
Pixelbliss/ShutterstockNew Zealand’s unaffordable housing market has left many low and middle-income families reliant on the accommodation supplement to cover rent and mortgage payments.
But our new research has found the scheme, which costs the government almost NZ$5 billion a year, might not be an effective tool in addressing the...
