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An egalitarian New Zealand was briefly realised in the interwar and post-war periods, when successive governments sponsored a massive state housing programme. Economic inequality in New Zealand is one of the social issues present in the country. Between 1982 and 2011, New Zealand's gross domestic product grew by 35%. Almost half of that ...
A report published by Goldman Sachs predicted that New Zealand had a 40% chance of a "housing bust" over the same period. [114] Financial commentator Bernard Hickey described New Zealand's property market in 2014 as "too big to fail", and supports a deposit insurance scheme in the event of a banking collapse caused by a property crash. [115]
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 ...
At the University of Virginia's main campus in Charlottesville, in-state tuition ($18,960) was $33,883 cheaper than out-of-state tuition ($52,843) in 2020-2021, which is the second-largest spread ...
[22] in 2012 New Zealand has 2.7 doctors per 1,000 population, and increase from 2.2 in the year 2000. Wealth inequality in New Zealand, measured by the Gini coefficient, stands at 0.34 as of June 2019. [23] In 2012, life expectancy at birth in New Zealand stood at 81.5 years, more than one year higher than the OECD average of 80.2 years. [24]
Yet even in recent years when interest rates were low, relatively little new housing was developed around the state. UHERO's report said Hawaii's housing stock grew by 25,000 units, or 1.8%, from ...
But they could with a $1.7 trillion to $2.4 trillion affordable housing plan over two decades, McKinsey says. Housing inequality: Black homeowners won’t catch up at this rate for over 300 years.
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 .