Govt housing move?
PA Wellington A Government financial package to meet what the Prime Minister (Mr Muldoon) called “Changing needs in the housing field” was discussed yesterday by the Cabinet; ■ ■7 _• Mr, Muldoon told reporters later that the package would not be finalised before next week and it might be some time after that before it was announced.
He said a difficulty ip putting the package together < involved geographical distortions in that prices of existing houses in certain limited areas had moved up. By and large, however, new house 1 prices were still-well ahead of existing house price levels and Were “well ahead” in most parts of the country. “Contrary to the view ex-.’ . pressed by some observers
we don't have a housing crisis or anything like it. People wishing to buy houses are being financed. "There is a relative state of balance although there is potential evidence of a shor- : tage of rental accommodation in one or two places? Generally it (housing) is in better balance than it has been for some time,” Mr Muldoon said.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19810526.2.31
Bibliographic details
Press, 26 May 1981, Page 3
Word Count
177Govt housing move? Press, 26 May 1981, Page 3
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in