It sounded like Iwi Chairs Forum spokesman Haami Piripi wants the Government to transfer social housing stock to iwi for free.
Yep. He was reported to be expecting property in which taxpayers have invested heaps to be handed over to iwi for nothing – or if something must be paid, then the price should be of the bargain-basement variety.
His reasoning is set out in this report today:
Mr Piripi told The Nation at the weekend the market price for some state houses is zero because the “outcomes will far outweigh the cost”.
Alf must confess he is not sure what his means.
Maybe this explains things better:
“This is an investment in the population, an investment in families, an investment in housing, and in order to make an investment as a Government, you have to discount the price to make sure that that investment works, the formula that you put in place works,” Mr Piripi said.
Alf is none the wiser.