"Niche": Why does Labour's rent-to-own scheme stop at state houses?

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.

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