Kiwibuild will achieve target in 2456!!!

Stuff reports:

The Government’s former flagship housing policy is so far behind schedule it will take more than 400 years to reach its initial target of 100,000 homes. It had hoped to reach the target in 10 years.

Initially, the Government had been hoping the rate of building would increase over time as KiwiBuild ramped up, with 1,000 homes built in the first year, 5,000 in the second, and 10,000 in the third, but the rate of building is slowing.

Each month in 2020 seeing tiny increases in the number of KiwiBuild homes built.

The number of KiwiBuild homes built to date stood at 393 at the end of March, equating to roughly 19 homes built each month since the scheme began in June 2018.

At that rate it would take 436 years to complete the remaining 99,607 houses that remain from the 100,000 target.

It must surely be the biggest Government failure of the last 50 years.

The timeframe for completion is so long that it’s fair to say the property market will be in a very different shape by the time the programme is finished. By way of comparison, 436 years ago, Queen Elizabeth I sat on the throne of England. William Shakespeare, though alive, had yet to have his first play performed. 

In terms of the property market, England had not yet begun its colonisation of the Americas, where vast tracts of land were taken through bloody colonisation, depressing the price of land. 

There’s no telling what similar changes are in store for land prices in the next 436 years. 

It’s conceivable that humans may have begun terraforming the surfaces of the Moon or Mars, freeing up land and depressing property prices. In that situation, it is unlikely to see governments of future centuries continuing with the KiwiBuild scheme. 

We have some idea of what will be happening in 2456. Three years earlier in 2453 the Federation launches the USS Enterprise NCC-1701-H. This Enterprise is commanded by Captain Joseph Vincent.

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