Avsnitt Murray Edridge: Wellington City Missioner on Labour's proposed rent-to-own scheme The Mike Hosking Breakfast Spela Dela
The Wellington City Missioner says Labour's rent-to-own scheme could help more people own a home. The party wants $100 of Kainga Ora tenants' weekly rent put towards a home deposit. Labour would also expand eligibility for 5% home deposits by increasing the income threshold to $300,000. Wellington City Missioner Murray Edridge told Mike Hosking this could help make people's dreams of owning a home a reality. He says the issue for a lot of people isn't the amount of repayment whether it's rent or a mortgage, it's getting a deposit. Edridge told Hosking these types of schemes have worked in the past. He says his parents along with many other built their homes by capitalising their family benefit. LISTEN ABOVE See omnystudio.com/listener for privacy information. Rss Apple Podcaster →
