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Speaker 1: She report reckons taxpayers are getting a raw deal on

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Speaker 1: state housing. The New Zealand Initiative says King or Order

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Speaker 1: seventy seven thousand homes. Yes, we own seventy seven thousand

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Speaker 1: homes cost us twice as much as the private sector,

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Speaker 1: and they're asking why do we bother owning them. Dr

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Speaker 1: Bryce Wilkinson's the report author, joins us this morning, Bryce,

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Speaker 1: good morning, it is good morning. What exactly is costing

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Speaker 1: us twice as much.

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Speaker 2: It's operating the seventy seven thousand houses, So that's repairs

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Speaker 2: and maintenance, staff support and sort of turning over tenants

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Speaker 2: with the new tenants, organizing new houses, that sort of stuff.

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Speaker 1: How have you come to that number? How have you

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Speaker 1: compared it to a private number?

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Speaker 2: I went on. I found that there is a real

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Speaker 2: estate room called Lodge real Estate which does a lot

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Speaker 2: of helping landlords and buying and selling houses. And this

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Speaker 2: had indiccause of benchmarking COSTRUC for private landlords for reading

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Speaker 2: our properties. And so that's what I've used to get

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Speaker 2: the numbers for King Aura. I've used the numbers in

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Speaker 2: their annual, the last published ANU report, which is the

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Speaker 2: one for twenty twenty three to twenty four. And what

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Speaker 2: I say in the report is that it would be

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Speaker 2: good if Caning and Aura itself was commissioned to hire

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Speaker 2: independent experts to do its own authoritatia more authoritative Beachmark

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Speaker 2: comparisons because it's got more disaggregated data than it publishes

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Speaker 2: in the annual reports. So you're saying a better job

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Speaker 2: than I.

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Speaker 1: Dont you're saying well, and you're saying that the private

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Speaker 1: sector does a better job than the government does in

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Speaker 1: terms of the cost. What do you want to do?

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Speaker 1: Then sell them to community to third parties.

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Speaker 2: Yes, there's an extent of survey of high over these

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Speaker 2: countries do it, and there's an enormous diversity, So there's

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Speaker 2: housing associations. They're very prevalent in some of the European countries.

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Speaker 2: We've got we're getting that way a bit ourselves of

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Speaker 2: community housing providers. We could do a lot more of that.

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Speaker 2: The UK transferred ownership to a lot of the tenants

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Speaker 2: who are occupying them, over one million homes there, so

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Speaker 2: that's another option. But the important thing is to empower

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Speaker 2: the tenants and if they get captured and caused in

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Speaker 2: the state House, the neighbors might be very unsavory. Peers

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Speaker 2: might not be doing being done, and that sort of

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Speaker 2: trapped here. If they can just move, take the money

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Speaker 2: and move, find another land in order, a housing association

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Speaker 2: or CHP, then they've got more options, more in control

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Speaker 2: of their own lives, all.

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Speaker 1: Right, Bryce, appreciate that, Doctor Bryce Wilkinson, who's the report

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Speaker 1: author from the New Zealand Initiative. For more from early

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Speaker 1: edition with Ryan Bridge, listen live news Talks. It'd be

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Speaker 1: from five am weekdays, or follow the podcast on iHeartRadio