housing is one of the things we all love about Wellington. It’s what attracts
people to come and build their lives here,” he says.
the face of a shortage of supply, we need to be doing more to incentivise
construction of new homes for Wellington, especially for young families or
people looking to get into their first home.
why I’m announcing we will be giving a $5000 rates discount to anyone building
their first home in Wellington, buying a newly built home off the plans, or
purchasing an apartment off the plans.”
says getting a $5000 reduction on rates will be a real incentive to add to
Wellington’s housing stock, especially in the central city.
is going to make Wellington stand out and will help us attract talent to live
and work here. We’ll say to people if you want to build your life in
Wellington, this is a place where you can own your own home and here’s some
help to make it happen.
about being proactive, promoting Wellington and helping to tackle our housing
issues while we are at it.”
discount will be available to anyone who has not owned their own home before,
and will allow them to claim the first $5000 off their rates from when they own
a new home.
Council’s housing portfolio lead and Deputy Mayor Paul Eagle says such action
is needed in light of forecasts of growing supply.
Wellington has been building seven hundred to eight hundred new homes a year.
We’re hoping to get that number up to over one thousand each year. That’s why
we announced recently that we will be proactively building new affordable
houses and why we are making today’s announcement.” he says.
The discount will be introduced as part of the
Mayor’s annual plan at the end of the month.