The quasi-market approach: the answer for social housing in New Zealand?
DOI:
https://doi.org/10.26686/pq.v12i2.4594Keywords:
Social Housing Reform Programme, third-party not-for-profit community housing providers, ‘quasi-market’ social policy, Housing New Zealand Corporation, income-related rent subsidy (IRRS model)Abstract
One of the major current policy initiatives of the New Zealand government is the introduction of the quasi-market approach for the delivery of social housing under the Social Housing Reform Programme. The Social Housing Reform Programme seeks to increase the participation of third-party not-for-profit community housing providers in delivering social housing in competition with Housing New Zealand Corporation (Minister of Housing, 2012). What has become known as the ‘quasi-market’ approach in social policy is based on the idea of creating competition and using market-based incentives. The rationale of this approach is that if prices are based more on supply and demand, then resource allocation will be more efficient.
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