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Widen Access To Shared Equity Housing Scheme To Newly Unemployed

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Housing New Zealand is running a shared equity scheme under which the Government owns part of people's houses. If this scheme were extended to the newly unemployed then families could be kept in their houses notwithstanding their losing their jobs.

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Keeping Families In Homes If They Lose Their Jobs

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As many as 100,000 Kiwis are expected to lose their jobs over the next 9 months - these will disproportionally be low income workers, Maori and Pacific Islanders and other ethnic minorities. If these people have mortgages they may find themselves ... see details

What people have to say

Alastair Thompson

Alastair Thompson from Scoop Media

11:20 AM, Thursday 26 February 2009

"This solution was suggested by a friend of mine who works in policy in this area - it seems a blindingly sensible thing to do. Someone should tell Paula Bennett."
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