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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 .
As of 1 December 2011, people may receive New Zealand Superannuation if they are: aged 65 or over; a New Zealand citizen or permanent resident; a resident of New Zealand at the time they apply; They must also have lived in New Zealand for at least 10 years since they turned 20 with five of those years being since they turned 50.
When records began in 1974, new homes in New Zealand had an average floor area of 120 m 2 (1,290 sq ft). Average new home sizes rose to peak at 200 m 2 (2,150 sq ft) in 2010, before falling to 158 m 2 (1,700 sq ft) in 2019. [17] In 1966 the New Zealand Encyclopedia recognised seven basic designs of New Zealand houses. [18]
Image source: Getty Images. 1. Downsize when it makes sense. Downsizing in retirement can have multiple benefits. You may not need as large of a space as you once did, and downsizing could reduce ...
On 8 June 2018, Housing Minister Phil Twyford announced the creation of the Ministry of Housing and Urban Development to coordinate the New Zealand Government's efforts to combat the country's housing shortage and to facilitate the provision of affordable social housing. The new ministry was established on 1 August and commenced operating on 1 ...
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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.
On 1 October 2019 Kāinga Ora was formed by the merger of Housing New Zealand with its development subsidiary Homes, Land, Community (HLC) and the KiwiBuild Unit from the Ministry of Housing. Kāinga Ora is a large and important Crown entity, with assets of $45 billion and over $2.5 billion of expenditure each year.