Kōrero: Housing and government

In the early 1950s the government set up the Group Building Scheme to encourage the construction of new suburban homes. It took the risk out of speculative building by promising to buy unsold homes from the companies registered in the scheme. Many builders signed up. The scheme was also popular with house buyers. House plans were approved by the government, making it easier to secure loan finance, and buyers were reassured that their home was built by a reputable builder. This clip shows a Group Building Scheme in Napier.