"I think long term it will help but in the short term - not much."
Prime Minister John Key said the new $1 billion fund was to fast-track infrastructure development by councils with high new-housing demands. Auckland, Hamilton, Tauranga, Christchurch and Queenstown will be able to use the fund for such things as water and roading development.
Other parties have criticised the move, with Labour's Andrew Little saying the sum "simply doesn't cut it".
There was no quick fix for the housing crisis, Mr Alsweiler said, but "they're on the right track".
His partner agreed. "Anything they do is good, but ... I'm not entirely sure the first-home buyer is going to be able to buy a brand-new house in a subdivision."
Mr Alsweiler said the market was more or less the same at the moment as it was back in April in terms of housing availability, but prices seemed to have stopped rising quite as fast.
"It doesn't seem to be running away in our price bracket, but it's certainly not getting any cheaper."