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  2. Housing in New Zealand - Wikipedia

    en.wikipedia.org/wiki/Housing_in_New_Zealand

    This is the lowest rate of home ownership since 1951. This is partly due to the increase in New Zealand house prices which since 1990 have increased faster than any other OECD country. [56] Housing in New Zealand has been classified as 'severely unaffordable' with a score of 6.5 under the median measure housing affordability measure. [57]

  3. New Zealand property bubble - Wikipedia

    en.wikipedia.org/wiki/New_Zealand_property_bubble

    The property bubble in New Zealand is a major national economic and social issue. Since the early 1990s, house prices in New Zealand have risen considerably faster than incomes, [1] putting increasing pressure on public housing providers as fewer households have access to housing on the private market.

  4. State housing in New Zealand - Wikipedia

    en.wikipedia.org/wiki/State_housing_in_New_Zealand

    State housing is a system of public housing in New Zealand, offering low-cost rental housing to residents on low to moderate incomes. Some 69,000 state houses are managed by Kāinga Ora – Homes and Communities , [ 1 ] most of which are owned by the Crown .

  5. 2023 New Zealand budget - Wikipedia

    en.wikipedia.org/wiki/2023_New_Zealand_budget

    Allocating NZ$707 million in total operating expenditure and NZ$3.6 billion in total operating costs to address cost pressures in the public housing building programme. [4] [1] Investing NZ$3.1 billion to build 3,000 new public housing places by late June 2025. [4] [1]

  6. 2024 New Zealand budget - Wikipedia

    en.wikipedia.org/wiki/2024_New_Zealand_budget

    Māori housing advocacy group Te Matapihi's acting chair Rau Hoskins criticised cuts to several housing initiatives including a NZ$1 billion cut for Kāinga Ora, NZ$174.5 million from the Emergency Housing Review and Homelessness Action Plan, NZ$40 million from Māori housing supply and investments, and NZ$20 million from emergency housing ...

  7. KiwiBuild - Wikipedia

    en.wikipedia.org/wiki/KiwiBuild

    KiwiBuild logo. KiwiBuild was a real estate development scheme pursued by the Sixth Labour Government of New Zealand.It began in 2018, with the aim of building 100,000 homes by 2028 to increase housing affordability in New Zealand.

  8. How local zoning laws hurt housing affordability — and what ...

    www.aol.com/finance/local-zoning-laws-hurt...

    Land, labor, lumber, lending: These four components all contribute to the cost of building a home. But there’s a fifth L that doesn’t get as much attention: local regulation. Since the early ...

  9. Homelessness in New Zealand - Wikipedia

    en.wikipedia.org/wiki/Homelessness_in_New_Zealand

    In late January 2019, the New York Times reported rising housing prices to be a major factor in the increasing homelessness in New Zealand so that "smaller markets like Tauranga, a coastal city on the North Island with a population of 128,000, had seen an influx of people who had left Auckland in search of more affordable housing. Average ...

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