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Early Edition with Ryan Bridge
Matt Ball: Property Investors Federation Advocacy Manager on Labour's rent-to-own scheme
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About this episode
A property investor is questioning why Labour's rent-to-own scheme should stop at just state houses. The party is proposing allowing Kainga Ora to put aside $100 rent a week, working up to a deposit. Labour would also lift the income cap for 5% deposits to $300,000, making more buyers eligible. Property Investors Federation Advocacy Manager Matt Ball told Ryan Bridge it's a good idea but it's niche. He says it could be all for all working people, giving them this $100 credit wherever they go. LISTEN ABOVE See omnystudio.com/listener for privacy information.