Story: Housing and government
This graph shows that sales of state houses tend to increase when National-led governments are in power and fall away during periods when Labour administrations govern. This reflects different philosophies towards state-housing provision between the parties. Generally speaking, Labour has promoted the retention of state-housing stock to meet demand for good-quality and affordable housing, whereas National has favoured selling state houses to encourage private homeownership. Even so, some Labour governments have sold state houses, usually to better balance the housing stock because demand had fallen in some areas.
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Source: Annual reports, State Advances Corporation; Annual reports, Housing Corporation of New Zealand (1974–2000); Annual reports, Housing New Zealand (2001–2010)