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...
"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 regulatory...
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...
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...
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Level 11, Ranchhod Tower, 39 The Terrace / 102-112 Lambton Quay PO Box 11543 Wellington 6142
The polling done in September by UMR Research, suggests 89 per cent of renters believe there is a housing crisis, and that 79 per cent of homeowners believe it too. UMR drilled down further, and reported that 55 per cent of all homeowners, and 48 per cent of Auckland...
Wellington rent prices are now just shy of Auckland’s. Rental prices shot up 7 percent last year in Wellington to a median of $480 a week. At the same time, the number of properties available for rent plunged. Wellington’s prices are just shy of...
The aim is to inform students of their rights and responsibilities. They want students to know to look for an insulation statement when they sign up for new tenancy agreements and to check their flats for working smoke alarms. The media resources include street...
Turning that around will be no easy task. A report that will be tabled at a council meeting this week predicts Wellington will need to build another 21,000 dwellings by 2043. The number of people in Wellington currently on the waiting list for social housing is 303....
Housing New Zealand ended life-time tenancy agreements and introduced reviewable tenancies for all social housing tenants in 2014. In a briefing to the minister responsible for Housing New Zealand, the department said the reviews had freed up 986 homes. It said most...