A new study reveals none of the country's main property markets are considered affordable anymore. The annual Demographia International Housing Affordability report released today shows New Zealand continues to be one of the most unaffordable countries in the world to...
COMMENT: What a scandal. Bloated material costs, bloated construction costs, dull designs, obstructive and inefficient consenting, obstructive financing, wrong-headed urban planning, neglected infrastructure, neglected trade training, fear of innovation, environmental...
Any landlords who still don’t comply after paying the penalty, may face further action according to MBIE. Bindi Norwell, Chief Executive at REINZ says: “From 1 July 2019 ceiling and underfloor insulation will be compulsory in all rental homes across New Zealand. That...
Two thousand guests are expected at Spark Arena on Christmas day for the annual City Mission lunch. The Mission team’s been planning the event for months, hundreds of volunteer hours have already been racked up with a further 500 volunteers set to help host on the...
In September, KiwiBuild launched an Invitation to Pitch (ITP) to companies interested in working with KiwiBuild to supply affordable homes and housing components to the KiwiBuild programme through offsite manufacturing. The ITP closed in November with 105 responses...
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Steve Evans, Fletcher Building housing chief operating officer said he met the ministers last year to advocate a new shared ownership model. The feedback he got was that there was interest in the scheme. He would not name precisely who talks had been held with, just...
Auckland housing became even more unaffordable over the past year, as house prices rose much more than incomes. More and more people are renting, forced into it. There are many consequences. A small and diminishing pool of people are getting wealthier by buying houses...
Property Council chief executive Connal Townsend says the 14% year-on-year growth in 2015 is a damning indictment of the country’s housing market when compared to other countries. “This is extremely concerning to us. We have a planning system in crisis with excessive...
The organisation has released new research estimating that by 2030, 200,000 retirement-aged people won’t own a house and will be unable to afford rent. Over the next decade, the numbers needing state help to cover their rent was expected to rise considerably:...
In the 2015-16 financial year the Network will invest $14.491 million into improving Māori housing circumstances, having taken responsibility for some funding from MBIE and with some increases in the May 2015 Budget. Read more about the network’s investment...