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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 Fast-track Approvals Bill project list is a list of the 149 projects seeking approval through the Fast-track Approvals Act 2024 in New Zealand. The list of projects to be included in the Bill was released publicly on 6 October 2024. The list includes 44 housing developments, 7 aquaculture and farming projects, 43 infrastructure projects, 22 renewable energy projects, and 11 mining and ...
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 .
Goldman Sachs: Home prices to fall 21% in New Zealand, 18% in Australia, and 13% in Canada.
A similar problem arose in the early 1980s, some 10 years before New Zealand and for similar reasons [34] in the Canadian province of British Columbia. It is commonly known in Canada as the Leaky condo crisis and has been an ongoing issue that is estimated to have caused $4 billion in damage since the 1980s.
1News is the news division of New Zealand television network TVNZ.The programme is broadcast live from TVNZ Centre in Auckland.The flagship news bulletin is the nightly 6 pm news hour, but 1News also has late night news bulletins, as well as current affairs shows such as Breakfast and Seven Sharp.
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 ...
Mark Cuban says this will be the ‘No. 1 housing affordability issue’ for Americans — and predicts Florida especially will have ‘huge problems.’ 3 ways to protect yourself in 2025