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Did National really just simply sell off state houses? (thespinoff.co.nz)

submitted 1 year ago by Rangelus to c/politics

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Really interesting article which serves as a good background to the current problem with state housing.

Tl;dr: Did National sell off state housing? Yes, but the net loss was only a few hundred. However, if you factor in the proportion of the total housing stoke owned by the state, we are short 43,000 state homes, and that's only for the rather meagre 5.4% of total stock.

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[–] deadbeef79000 2 points 1 year ago

The net loss was a few hundred, however the number should have grown with population growth.

Do the nominal loss need to include that growth that didn't happen, whether value it was.

Then, factor in the growth lost every year afterwards too.