Home ownership for state house tenants

The Dom Post reports:

State house tenants will be able to buy their homes from September.

And all low-income first-home buyers could be in for a boost as the Government considers increasing the cap on Welcome Home mortgage guarantees by up to $70,000.

Housing Minister said the state house sales scheme would be available to most tenants, with Housing New Zealand instructed to use the proceeds to build new homes where they were needed.

Allowing and encouraging state house tenants to own their homes is a great idea. From dependency to ownership.

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