PROS AND CONS OF COMMUNITY HOUSING PARTNERSHIPS
Social housing, community housing, public housing. Whatever name you want to call it, providing housing for vulnerable people is embedded in New Zealand’s ethos. While Kāinga Ora (formerly Housing New Zealand) does a great job of creating homes for those in need, the ever increasing cost of housing in our country is making it hard for supply to catch up with demand. Enter private landlords. Partnering with community housing providers (CHP), private landlords can do much to help address the shortfall in social housing by leasing their properties to a CHP. The government has incentivised this by allowing landlords who lease their homes to CHPs to continue claiming back interest as a tax expense. While this announcement has caused consternation for some private landlords (it’s been called a “bribe” on the…