TODAY |

Opinion: Will getting ahead in New Zealand increasingly become a lottery?

After recent struggles to get into the KiwiBuild ballot, it got me thinking what other things we used to take for granted in New Zealand might one day be left up to a lottery system?

Source: 1 NEWS

As the cost of living continues to race away from wages, it becomes increasingly hard to get on the property market, especially in the hyper-inflated Auckland region where I work and live.

In turn, this has led to the Government's KiwiBuild initiative, a noble one indeed, but something that would have been unimaginable back in my parents' day.

Outdated lending restrictions used by the major banks are not helping matters.

Currently, you can't get finance for a brand new affordable apartment with all the mod-cons if it's under 40 square metres, as most are these days.

However, they are more than happy to lend on a old tired more expensive apartment that is falling apart, which just hits the 40 square metre mark, and often look smaller than new builds due to poor layout.

The Government's "watered down" foreign buyer ban still lets overseas investors snap up these brand new apartments, meaning the status quo remains and there is no relief for the many Kiwis desperate to get into the market on any level.

National MP Judith Collins' comments this week criticising KiwiBuild suggest she is out of touch on the issue and gives little hope of any changes coming from that side of the House.

"Kiwi families deserve a home not a measly studio apartment only big enough for a single person and their cat," Ms Collins said.

What does she have against single people and cats? Are they so sub-human they don't deserve a place to live as well?

So, here we are with the lottery system, put your name in the hat and hope like hell you get selected to be hoisted onto the property ladder.

In the future, will other things once thought of as being part and parcel of living in New Zealand also become part of a lottery system?

It may sound far-fetched, but not many years ago so would a housing lottery too.

* Alan Kenyon is a 1 News Now Producer and would-be apartment owner. He does not own a cat.