Summarised by Centrist
The housing crisis in New Zealand has become a focal point for National Party Housing Minister Chris Bishop. At the National Party AGM, Bishop noted: “Declining rates of home ownership is the greatest threat to the centre-right worldwide.”
Data shows a clear link between homeownership and National voter support.
The party faces a challenge as home ownership rates decline and the number of renters increases.
Bishop’s strategy hinges on making housing more affordable to secure National’s future, but as the number of renters grows, the party may need to adapt its policies to attract this demographic.
