Three years ago, I published my opinion about the Kiwibuild plan, Fletchers involvement and the capacity issue.
Nothing much happened
The latest stats from April 2021 are available on the e Tūāpapa Kura Kāinga – Ministry of Housing and Urban Development (HUD) website.
The average build numbers according to my article published in 2018 would have been ~30,000 homes by now. The actual stats are somewhat lower than that: 934 – yes: 934. Even if we would say that starting up is hard and the initial output would have been lower, would we maybe not have expected 20,000 homes? But we got 934.
Not surpriding really as the math was clearly impossible. Also not surprisingly, the 100,000 Kiwibuild home target was scrapped just a little more than a year later in September 2019. Now the target was to get up to 4000 families into a new home. So basically from 100,000 to 4,000.
The rest of the stats pages are somewhat opaque. 1,761 Kiwibuild homes sold to date – one can assume that this is also since June 2018 just like the build numbers? Are the homes build included in the homes sold? Are the people still living in the homes bought? Strangely, how can I sell 1,761 Kiwibuild homes when we only built 934? Guess those homes must have been resold. Did those families manage to buy their own place now?