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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]
The redevelopment would leave 78 houses owned by Housing New Zealand and the rest sold privately. [54] The redevelopment process sparked over two years of protests and scores of arrests, including of Mana Party leader Hone Harawira. [55] In 2012 it closed Housing New Zealand's local offices to tenants and directed all enquiries to a call centre ...
Breaking down housing inequality amid coronavirus. June 3, 2020 at 2:16 PM ...
They argued that as inequality in New Zealand has grown, there has been a dramatic increase in the youth suicides, [17] [18] although in contrast, recent Department of Health data shows that the age-standardised suicide rate decreased by 19.5% from the peak rate of 15.1 deaths per 100,000 population in 1998 to 12.2 deaths per 100,000 population ...
About 32% of housing is owned by out-of-state buyers — the highest ratio in Hawaii, per the report. Add in the loss of 3,000 homes from recent wildfires, and you’ve got a market under ...
Affordable housing guidelines set by a Hawaii state agency could rate two-bedroom homes costing $1 million as affordable for some households eligible for government-subsidized housing. The ...
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 ...