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November 1, 2025
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6 dez 1953 ano - Group Building Scheme - starts

Descrição:

The Group Building Scheme was introduced to encourage private effort in the field of housing. Sections were developed and made available by the Crown, to builders approved by the State Advances Corporation. To encourage low-cost housing development at a time of acute shortage, the price of the house and section was of a fixed maximum (according to locality) and the plans, specifications and standard of construction were subject to the requirements of the State Advances Corporation. The Scheme included an agreement whereby the State Advances Corporation undertook to buy the house(s) at a specified pre-construction price if the builder was unable to find a purchaser upon completion. At the peak of the Scheme in the mid-1950s, about 2,000 sections per year were sold to individuals and builders.

Source: https://www.msd.govt.nz/about-msd-and-our-work/about-msd/history/social-assistance-chronology-programme-history.html

Government developed the Group
Building Scheme in 1953 to encourage speculative purchasing and building of affordable homes. The conditions of the
scheme were to push the speed of building by asking builders to agree to form groups of six or more to build homes under the premise of speculation. If a home was not sold within two months after completion, the government would agree to purchase it at a prearranged price. As the government had a large stake in the scheme, builders were provided with specifications and were encouraged to prefabricate as much as possible. By the 1964, the Group Building Scheme was abolished due to the government largely considering the housing shortage being resolved. The schemes success ensured
many small companies to enter the market

Source: http://anzasca.net/wp-content/uploads/2019/01/49-Prefabrication-New-Zealand%E2%80%99s-golden-ticket.pdf

Adicionado na linha do tempo:

Data:

6 dez 1953 ano
Agora
~ 71 years ago