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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 .
In 1898 the New Zealand government introduced a means-tested old-age pension for those 65 years and older. [12] This established some key features of public pensions in New Zealand, such as the use of general government spending rather than individual contributions, and a "pay as you go" rather than an actuarial approach to funding. [13]
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 ...
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.
May 3—Nearly $1 billion in state housing funding is ready to be approved this week in the final days of the legislative session aimed to help the homeless, low-income to working families and ...
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 ...
Justin Tyndall, an assistant professor at the University of Hawaii Economic Research Organization, explained that Hawaii is the most expensive state to rent or own a home in the U.S. “by a ...
For example :—Hawaii's housing ... Sep. 4—Yet for the governor, mayors, legislators and county council members after the Nov. 8 general election, moving the needle on an issue that has been a ...