It is not just those who might want to keep the homeownership dream alive; it's those who are renting too—because that is out of control. Rents have gone up $110 a week in the past three years alone, meaning that even if you are scrimping and saving to get a deposit together, it's getting harder and harder every year. Low-income tenants are being squeezed by rents rising faster than incomes, and we're seeing the result. More and more New Zealanders can't afford to rent a house in the private market. There are 22,000 people waiting for a State house. That is a record. That is the highest it has ever been in New Zealand history. And what that means is that those are people without homes. It is a national disgrace.