Building 100,000 homes would undoubtedly put tens of thousands of Aucklanders into negative equity
Plan draws fire from the left and the right. With special feature audio.
"I bet Bill English had to be bludgeoned nearly to death to agree to this nonsense. Councils can borrow on their own, at nearly the same interest rate as central government - thanks to the power of taxation, which can be used to pay back the debt. And $1 billion is a drop in the bucket of the real costs of infrastructure needs in Auckland alone"