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Cut house prices via land tax and major building programme

The Opportunities Party says New Zealand house prices must actually come down, not just slow their growth. They want to introduce a new tax on land values to make hoarding land less worthwhile and encourage more homes to be built. They also want to build many more homes quickly by making building rules simpler, supporting builders, and backing affordable housing developments.

What they say they'll do

  • Introduce a Land Value Tax to bring house prices down and discourage land banking
  • Simplify and nationalise zoning rules while protecting farmland, heritage, and civic spaces
  • Streamline consenting for tiny homes, sleepouts, and extensions
  • Support offsite builders who take on apprentices
  • Underwrite reputable affordable housing developments to reduce boom-bust risk
  • Offer low-cost loans and GST refunds to councils for high environmental standard builds

Who this affects

Aspiring first home buyers
The party's policies aim to bring house prices down so that buying a home becomes more financially reachable for people currently priced out of the market.
Existing home owners
The party acknowledges that lower house prices would reduce the value of homes already owned, particularly affecting those who bought between 2020 and 2023.
Builders and tradespeople
A large building programme and support for offsite builders who take on apprentices would affect people working in the construction industry.
Land owners and property investors
A Land Value Tax would make holding unused or underdeveloped land less financially attractive, affecting those who own land as an investment.
Local councils
Councils could receive GST refunds from the central government for high environmental standard builds, affecting their funding and planning responsibilities.

In their own words

If we want affordable housing for New Zealanders, prices have to drop AND we have to build a lot of homes, a lot faster.
A Land Value Tax makes housing more affordable by making land banking less profitable and encouraging high-density development.
houses in New Zealand are 'severely unaffordable' — on average a home costs 7.3 times the median wage. A house is considered 'affordable' at 3 times the median wage.
Verify at The Opportunities Party — official policy page

Summarised neutrally from The Opportunities Party’s own official policy (as at 2026-06-26) and checked by an editor — never paraphrased without the source linked, and never an endorsement. Read the original ↗ Arapono is non-partisan. Compare all parties on Housing

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