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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.
The leaky homes crisis is an ongoing construction and legal crisis in New Zealand concerning timber-framed homes built from 1988 to 2004 that were not fully weather-tight. . The problems often include the decay of timber framing which, in extreme cases, have made buildings structurally unsou
US house price trend (1998–2008) as measured by the Case–Shiller index Ratio of Melbourne median house prices to Australian annual wages, 1965 to 2010. As with all types of economic bubbles, disagreement exists over whether or not a real estate bubble can be identified or predicted, then perhaps prevented.
New Zealand Prime Minister Jacinda Ardern faces tough challenges as she heads into a general election campaign next year, with economic growth slowing, divisive referendums looming and a country ...
Ōtākaro-Avon River Corridor had a population of 99 at the 2018 New Zealand census, a decrease of 1,164 people (−92.2%) since the 2013 census, and a decrease of 10,287 people (−99.0%) since the 2006 census. There were 39 households, comprising 45 males and 51 females, giving a sex ratio of 0.88 males per female.
An economic downturn can be a scary time for investors. As consumers spend less, company profits are reduced which can spell trouble for the stock market. If you're planning to stay invested during...
The 2023 southern New Zealand floods were caused by heavy rain that struck the southern part of New Zealand's South Island on 21 September 2023. This storm caused flooding in several places across the Southland and Otago regions including Gore and Queenstown. 100 homes were evacuated in Queenstown and Tuatapere's water treatment plant was damaged.
In response to the North Island floods, several West Auckland residents established an advocacy organisation called "West Auckland is Flooding" (WAIF) in February 2023 to lobby the Auckland Council and New Zealand Government to implement a scheme to relocate people from at-risk properties using insurance payouts and public funding. The group's ...