Poll: Do you think the idea will work?
The Government will today unveil a radical new plan to underwrite construction of new private houses, as high interest rates and an economic downturn make it tough for developers to get finance for new projects.
The new time-limited scheme is designed to de-risk developments, making finance easier to obtain for developers to start building. Developers often have to pre-sell a proportion of dwellings in any development in order to secure finance, which has become much more difficult in the current economic downturn.
Do you think the idea will work? Tell us your reasons in the comments (adding NFP if you don't want your words used in print).
-
30.4% Yes
-
23.9% Not sure
-
45.7% No
Give the gift of tickets this christmas!
The festive season is nearly here—what better way to celebrate than by giving yourself or others the chance to win a stunning, brand-new home in Clarks Beach, Auckland!
Valued at over $1 million, this fully furnished home features three bedrooms, plus a spacious open-plan kitchen, living, and dining area.
Make it your dream home, a holiday retreat, a rental property, or sell it—the choice is yours!
Tickets are just $15 each, and every purchase helps fund life-saving heart research. Get yours today at heartlottery.org.nz.
Who’s the Smarty-Pants in the Neighbourhood? Let’s Find Out!
I’m not alive, yet I grow with care.
I wear ornaments, lights, and sometimes a star to bear.
My evergreen presence fills the air, bringing joy to the hearts of those who prepare.
What am I?
Do you think you know the answer to our daily riddle? Don't spoil it for your neighbours! Simply 'Like' this post and we'll post the answer in the comments below at 2pm.
Want to stop seeing riddles in your newsfeed?
Head here and hover on the Following button on the top right of the page (and it will show Unfollow) and then click it. If it is giving you the option to Follow, then you've successfully unfollowed the Riddles page.