The Herald reports:
More than half of the KiwiBuild homes built since the flagship policy started were underway before they were brought into the programme.
No surprise. Kiwibuild is having a minuscule impact on actually increasing the housing supply.
In January, Twyford and Prime Minister Jacinda Ardern scrapped the KiwiBuild targets and announced a “recalibration” of the policy.
The Government had previously said it would build 1000 KiwiBuild homes by July 2019, 5000 in 2020, 10,000 the year after, and 12,000 every year after that until 2028.
“[Those] targets have not been a useful way to demonstrate our delivery programme, that’s why the minister is looking at that again,” Ardern said.
When the PM says “not useful” she means “highlights our failure”.
Speaking to The Herald, Twyford said he would be unveiling the new-look KiwiBuild in a few weeks.
But he said the recalibration would not include yearly targets, as it had previously.
“We’re committed to the 100,000 over 10 years – but we won’t be setting a new range of interim targets.
Which means no accountability. Their only target is one so far in the future it is meaningless.
It’s also stupid as the interim targets at least allowed them to have more modest targets at first. Without interim targets people will do what I do, and just divide the ten year target by 10, to get annual targets.