The Labour Govt announced a $12billion spending spree. Where will the money go?

The government recently announced $12 billion will be invested in infrastructure projects.

Despite all the talk on housing affordability and the now failed Kiwi Build project, the government has decided to shift their focus elsewhere and put money on roading projects, 3 rail projects, and a little bit on schools and healthcare.

While upgrading infrastructure is necessary, the government needs to also address housing affordability if it really cares about its people.

The good news for existing homeowners is that the value of better infrastructure will be captialised into the value of their homes.

Historically, areas well served by infrastructure will see housing values appreciate faster than areas less well served.

Roading projects are well overdue and people living out in the suburbs will benefit from better accessibility.



back to home (Property Guide 360