COMMENT:

The Government has been widely panned over its major announcement yesterday on housing. There are a few positive takes on the "reset", but generally it has been viewed as an embarrassing backdown at best, or at worst a sell-out of those needing the housing crisis addressed. One political journalist has even branded yesterday's announcement as "easily the worst day politically" for the Labour-led Government so far.

This criticism isn't just politicking from conservatives or the right. The most severe criticism has come from progressives and the left. This isn't really surprising because – as with Jacinda Ardern's capitulation on

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