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Article: AFFORDABLE HOUSING scheme supporters say falling property prices and a new, more conservative Auckland City Council won't derail their campaign to ...
- Article from:
- The Herald on Sunday (Auckland, New Zealand)
- Article date:
- November 18, 2007
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AFFORDABLE HOUSING scheme supporters say falling property prices and a new, more conservative Auckland City Council won't derail their campaign to help workers buy their own homes through equity share deals.
Joint ownership deals have been touted as a way of getting working families into increasingly expensive housing - a massive problem in many overseas cities where critical workers such as firefighters, nurses and teachers are pushed further away from the big cities.
"There's a range of projects we are now undertaking around affordable housing, using the concept of shared equity and shared ownership," says Brian Donnelly, executive director of ...