This week a report found New Zealand is one of the most unaffordable countries in the world to buy a house, with the average price more than six times the median household income. More than six months into KiwiBuild, only 33 homes have been built – well short of...
“The government could lower unit construction costs in many ways, as it is well aware,” former Business Roundtable economist Bryce Wilkinson says in a new research note today. It could ease up on red tape, improve the supply of urban land by removing...
“Auckland is a basket case when it comes to housing affordability,” says Sayers. “It’s of the highest moral imperative for Council to fix.” Auckland must dump the ideology of a compact city and spread out and up to make housing affordable, while simultaneously...
The Labour-led government risks electoral defeat in 2020 unless it makes demonstrable progress on affordable housing this year, says the outspoken author of an annual survey of global housing affordability. Hugh Pavletich, the Christchurch-based co-author of the...
The 15th annual Demographia International Housing Affordability Study compared house prices to incomes in New Zealand, Australia, Canada, Hong Kong, Ireland, Japan, Singapore, the United Kingdom and the United States and found Tauranga had again out-stripped Auckland...