What has happened to all of our state houses and pensioner flats?

There was someone once very wise, who seeing a need in our great country, used some of our taxes to purchase and build both state houses and pensioner flats for our elderly. There was a small amount of rent on all these properties which paid for the staff to manage this housing and to get any repairs done.
The money the was left over went into buying more housing to house our growing nation. As we paid for the original houses, I think these homes were owned by all New Zealanders. The rents coming in meant there was no any need for further public funds, it was self sufficient.
These were and asset of all New Zealanders, and belonged to us. Entrusted to either council and/or government department. They have been and still are being sold off to private owners. Who sold all these homes off? Why are they still being sold in spite of the massive housing shortage? Where has all the money from these houses gone?
D. Woodward
Since you’re here… we have a small favour to ask. More and more people want the Post than ever but advertising revenues across the media are falling fast. And unlike many news organisations, we haven’t put up a paywall – we want to keep our journalism as open as we can. So you can see why we need to ask for your help. The Post’s independent, investigative journalism takes a lot of time, money and hard work to produce. With investigative reporting, we often don't know at the beginning how a story will unfold and how long it might take to uncover. This can mean it is costly – particularly as we often face legal threats that attempt to stop our reporting. But we remain committed to raising important questions and exposing wrongdoing. And we do it because we believe our perspective matters – because it might well be your perspective, too. If everyone who reads our reporting, who likes it, helps to support it, our future would be much more secure. For as little as NZ$5, you can support the Post – and it only takes a minute. Thank you. Support The Post

Leave a Reply

Your email address will not be published. Required fields are marked *